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Guidelines For Central Bank Digital Currencies

Guidelines For Central Bank Digital Currencies: G7 finance leaders have laid out guidelines for central bank digital currencies. Any digital currency issued by a central bank must “support and do no harm” to the bank’s ability to fulfil its mandate on monetary and financial stability, and must also meet rigorous standards. Currencies must be issued […]

Mega Consortium On One Health

Mega Consortium On One Health: The Department of Biotechnology (DBT), Ministry of Science and Technology, GoI, supported a mega consortium on ‘One Health’ and launched the First ‘One Health’ project of DBT. This programme envisages carrying out surveillance of important bacterial, viral and parasitic infections of zoonotic as well as transboundary pathogens in India, including […]

Production Linked Incentive (PLI) Scheme For Telecom And Networking Products

Production Linked Incentive (PLI) Scheme For Telecom And Networking Products: Department of Telecommunications (DoT), Ministry of Communications launched Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. PLI Scheme in telecom sector will help in reducing India’s dependence on other countries for import of telecom and networking products. The PLI Scheme is being launched […]

World Bank Doing Business Report 2021

World Bank Doing Business Report: The World Bank, in mid-September, announced that it was set to discontinue publishing its Doing Business report. This announcement came on the back of an independent investigation that, reportedly, found “data irregularities” that prevailed in the 2018 and 2020 reports. In August 2020, World Bank paused the publication of Doing […]

Phosphatic and Potassic Fertilizers

Fertilizers: The Cabinet Committee on Economic Affairs (CCEA) has approved that the increased prices of Phosphatic and Potassic (P&K) fertilizers The increased international prices of Diammonium phosphate (DAP) have been absorbed by the Union Government. The Union Government has decided to increase the subsidy by Rs. 438 per bag of DAP as a special onetime […]

Kunming Declaration On Biodiversity

Kunming Declaration On Biodiversity: The Kunming Declaration was adopted by over 100 countries at the ongoing 15th Conference of the Parties to the United Nations Convention on Biological Diversity in china. The adoption of the declaration will create momentum for a new global biodiversity pact. In a previous agreement, Strategic Plan for Biodiversity 2011-2020, signed […]