Revamped Distribution Sector Scheme: REC and PFC, the state-run lenders that are the nodal lending agencies for the Rs 3.03 lakh crore revamped distribution sector scheme (RDSS) launched by the Union ministry of power in August last year, will release the first tranche of funds to a host of states including Uttar Pradesh, Assam and […]
Month: March 2022
Periodic Labour Force Survey : NSO
Periodic Labour Force Survey : NSO According to the latest Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO): India’s urban unemployment rate jumped to 12.6 per cent in the April-June quarter of 2021, compared to 9.3 per cent in the January-March quarter. It, however, eased from the 20.8 per cent level […]
New Microfinance Lending Norms: RBI
New Microfinance Lending Norms: RBI RBI has released new microfinance lending norms. As per these norms: All entities, banks, non-banking financial companies (NBFCs), and microfinance institutions (MFIs) are subject to the same regulations. A microfinance loan is defined by the RBI as a ‘collateral-free’ loan granted to a household with an annual household income of […]
Greenhouse Horticulture: Important Points
What Is Greenhouse Horticulture? The India Greenhouse Horticulture market held a market value of USD 190.84 Million in 2021 and is estimated to reach USD 271.25 Million by the year 2030. The market is expected to register a growth rate of 4.19% over the projected period. In 2021, India’s greenhouse horticulture production was 27.71 million […]
What Is AgriStack?
What Is AgriStack? The government is working on a digital ‘stack’ of agricultural datasets, with its core as land records. But, such a centralised stack will use old and inaccurate land records; farmers’ personal and financial details will be used without a strong data protection law; and rural areas have a low level of digital […]
Webinar On Act East Policy
A Webinar On Act East Policy: A webinar was recently organised on “Act East Policy”. India’s ‘Act East’ policy is a diplomatic initiative to promote economic, strategic and cultural relations with the vast Asia-Pacific region at different levels. It is considered as the modern version of the ‘Look East Policy’ which was launched in 1991 […]
International Day To Combat Islamophobia
International Day To Combat Islamophobia: As the United Nations General Assembly adopted a resolution to proclaim March 15 as the International Day to Combat Islamophobia, India expressed concern over phobia against “one religion being elevated to the level of an international day”. India’s Permanent Representative to the UN Ambassador T.S. Tirumurti said in the General […]
Chair Of Excellence: General Bipin Rawat
Chair Of Excellence: General Bipin Rawat On the eve of the 65th birthday of late Chief of Defence Staff (CDS), General Bipin Rawat, the Indian Army has instituted a Chair of Excellence in his memory at the United Service Institution of India (USI). The formal announcement was made by Gen. Manoj Naravane, Chief of Army […]
Man-Portable Air-Defence Systems : Key Points
Man-Portable Air-Defence Systems: The United States and North Atlantic Treaty Organization (NATO) are shipping weapons into Ukraine, including highly sensitive items such as shoulder-fired missiles called Man-Portable Air-Defence Systems (MANPADS) that can take down aircraft. Countries such as India, Pakistan, Germany, UK, Turkey and Israel have also used MANPADS in their defence efforts. Russia is […]
Daily Current Affairs for UPSC IAS: 16th March 2022
Today Current Affairs: 16th March 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
