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Foreign Contribution (Regulation) Act, 2010 : New Guidelines to Banks

Foreign Contribution (Regulation) Act, 2010: The Ministry of Home Affairs (MHA) issued new regulating guidelines to banks under Foreign Contribution (Regulation) Act, 2010. It states that the donations received in Indian rupees by non-governmental organizations (NGOs) and associations from any foreign source (even if that source is located in India at the time of such […]

Ageing Water Infrastructure: An Emerging Global Risk: UN Report

Ageing Water Infrastructure: An Emerging Global Risk: UN Report: According to a United Nations (UN) report “Ageing water infrastructure: An emerging global risk”, over 1,000 large dams in India will be roughly 50 years old in 2025 and such ageing embankments across the world pose a growing threat. The report, compiled by Canada-based Institute for […]

What is STARS Project? Its Component

Strengthening Teaching-Learning and Results For States (STARS) project.: Ministry of Education, Department of Economic Affairs (DEA), and World Bank have signed an agreement for the financial support worth Rs 5718 crore towards the implementation of the Strengthening Teaching-Learning and Results for States (STARS) project. About the Project: STARS stands for Strengthening Teaching-Learning and Results for […]

Union Budget 2021 : Key Points | Highlights

Budget 2021: Finance Minister Nirmala Sitharaman said that the Budget proposals for this financial year rest on six pillars — health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation, and R&D, and ‘Minimum Government, Maximum Governance’. Significant announcements included a slew of hikes in customs duty […]

Deployment Of Rohingya Muslims To Bhashan Char Island

Bhashan Char Island:   The Bangladesh Authorities recently moved around 1,750 Rohingya Muslims to a controversial island in the Bay of Bengal called the “Bhashan Char Island”. This move by Bangladesh was opposed by the refugees already living on the island. About Bhashan Char: The island is also known as Char Piya. It is in […]

14 Minor Forest Produce Items Included Under MSP Scheme

14 Minor Forest Produce Items Included Under MSP Scheme:   Highlights: This new mechanism will help to provide remunerative and fair prices to tribal gatherers of forest produces. The items which have been included in the scheme include- Tasar Cocoon, bamboo shoot, elephant apple dry, wild dry mushroom and malkangani seed. Minimum Support Price (MSP) […]

Reasons for High Fiscal Deficit in 2019-20

Increased Fiscal Deficit: The government’s fiscal deficit has increased to Rs. 11.58 lakh crore or 145.5% of the Budget Estimate (BE) at the end of December 2020 (accounting for the first nine months of the year 2020-21) mainly on account of lower revenue realisation. Key Points: Fiscal Deficit Target Fixed for 2020-21: The Centre had […]

Sustainable Development Of Little Andaman Island Vision Document By NITI Aayog

Sustainable Development of Little Andaman Island Vision Document by NITI Aayog: A plan named the Sustainable Development of Little Andaman Island Vision Document by NITI Aayog for the sustainable and holistic development of the 680 sq km, fragile Little Andaman Island in the Andaman and Nicobar island group has raised alarm among conservationists. Earlier in […]