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RBI Integrated Ombudsman Scheme

RBI Integrated Ombudsman Scheme: According to the RBI’s Annual Report, the complaints registered under the Reserve Bank of India’s Integrated Ombudsman Scheme (RB-IOS) were up by 13.55 per cent in FY25. It was launched in 2021. Objective is to provide customers of Regulated Entities (REs) a speedy, cost-effective and expeditious alternate grievance redress mechanism. It […]

Green Tug Transition Programme : In News

Green Tug Transition Programme: In News The Union Minister for Ports, Shipping and Waterways (MoPSW) virtually flagged off the steel-cutting ceremony for India’s first all-electric green tug for Deendayal Port Authority (DPA), being developed under the Green Tug Transition Programme (GTTP). It aims to transition India’s harbour tug fleet from conventional diesel-powered vessels to greener […]

Indian Statistical Institute (ISI) Act, 1959

Indian Statistical Institute (ISI) Act, 1959: More than 1,500 academics have expressed grave concerns and held demonstrations in Kolkata to protest a Central government plan to repeal the Indian Statistical Institute (ISI) Act, 1959. The Indian Statistical Institute was founded by Professor P.C. Mahalanobis in Calcutta in 1931. The ISI, established earlier as a society, […]

Seva Teerth

Seva Teerth: The Union Home Minister referred to the upcoming new Prime Minister’s Office (PMO) in the Central Vista complex as “Seva Teerth”, calling it a landmark in India’s administrative evolution. The term signifies a shift towards citizen-centric governance rooted in service, aligning with the broader ethos of Seva (service) in Indian political philosophy. The […]

India’s Climate Ambitions

India’s Climate Ambitions: India is preparing to submit its next round of climate commitments (NDCs) for the 2035 horizon even as experts call for a clearer, economy-wide transition plan. Nationally Determined Contributions (NDCs) are each country’s self-defined climate commitments under the Paris Agreement, updated every five years (Article 4).They include targets for emissions reduction, renewable […]