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Factoring Regulation (Amendment) Bill, 2021

Factoring Regulation (Amendment) Bill, 2021: Rajya Sabha has passed the Factoring Regulation (Amendment) Bill, 2021 to bring changes in the legislation aimed at helping the Micro, Small and Medium Enterprises (MSME) sector. It has incorporated many suggestions from the UK Sinha Committee. Key Provisions of the Bill: Change in the Definitions: It amends the definitions […]

Chandrayaan-3

Chandrayaan-3 Indian Space Research Organisation (ISRO) is likely to launch India’s third lunar mission ‘Chandrayaan-3’ in the third quarter of 2022. Chandrayaan-3 is a lander-and rover-specific mission, which will demonstrate India’s capability of soft landing on a celestial body, with the rover then communicating with Earth via the existing orbiter from Chandrayaan-2 and taking images […]

Project BOLD : Jaisalmer

Project BOLD In Jaisalmer: The project was launched by Khadi and Village Industries Commission (KVIC) & BSF have launched Project BOLD in Jaisalmer to Prevent Desertification and Support Rural Economy. Under this, they have planted 1000 bamboo saplings. Recently KVIC launched Project BOLD in the tribal village of Nichla Mandwa in Udaipur, Rajasthan. Under this, […]

EOS-03 Satellite

EOS-03: The Indian Space Research Organisation (ISRO) is scheduled to launch the geo-imaging satellite for earth observation EOS-03 in the third quarter of 2021. EOS-03 It is an earth observation satellite. Last year, ISRO launched EOS-01 which is nothing but another Radar Imaging Satellite (RISAT) that will work together with RISAT-2B and RISAT-2BR1. It would […]

Cabinet Approves Multilateral MoU Signed By IFSCA

Cabinet Approves Multilateral MoU Signed By IFSCA:: The Cabinet has approved a multilateral MoU signed between the International Financial Services Centres Authority (IFSCA), International Organization of Securities Commissions (IOSCO), and International Association of Insurance Supervisors (IAIS). In 2002 IOSCO adopted a multilateral memorandum of understanding (IOSCO MMoU) designed to facilitate crossborder enforcement and exchange of […]

Commissions Of Inquiry Act, 1952

The Commissions Of Inquiry Act, 1952: The West Bengal government has set up a Commission of Inquiry (Lokur Commission), under the 1952 Act, to look into the alleged surveillance of phones using the Pegasus spyware developed by the Israeli cyber-intelligence company NSO Group. The Commission will look into the alleged breach of privacy of several […]