Digital Lending: A Reserve Bank of India (RBI) Working Group (WG) on digital lending, including lending through online platforms and mobile apps submitted its recommendations in November this year. Key recommendations: A separate legislation should be enacted to oversee such lending. Setup a nodal agency to vet the Digital Lending Apps. A Self-Regulatory Organisation should […]
FSSAI Draft Regulations For GM Foods
FSSAI Draft Regulations For GM Foods: Social activists working among farmers have come out against the Food Safety and Standards Authority of India’s (FSSAI) draft regulations on genetically modified (GM) food, terming it “unacceptable”. They want FSSAI to explicitly say that GM foods will not be allowed into India by way of production or imports. […]
Daily Current Affairs for UPSC IAS: 30th December 2021
Today Current Affairs: 30th December 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
PLI Scheme For Textiles
PLI Scheme For Textiles: The Ministry of Textiles has said that it will accept applications from January 1 for the Production Linked Scheme for Textiles announced in September this year. The Government had launched the Production-Linked Incentive (PLI) scheme for the textiles sector worth Rs 10,683 crore. This is part of a larger PLI scheme […]
Corbevax and Covovax: New Vaccines Approved
New Vaccines Approved: India has cleared two more covid vaccines and one pill. The two latest vaccines approved by drug regulator CDSCO are Corbevax and Covovax. CORBEVAX vaccine is India’s 1st indigenously developed RBD protein sub-unit vaccine against COVID19, Made by Hyderabad-based firm Biological-E. The Nanoparticle Vaccine, COVOVAX, will be manufactured by Pune-based firm Serum […]
Apatani Weave: Arunachal Pradesh
Apatani Weave: An application seeking Geographical Indication (GI) tag for the Arunachal Pradesh Apatani textile product has been filed by a firm, Zeet Zeero Producer Company Ltd. Apatani weave: The Apatani weave comes from the Apatani tribe living at Ziro, the headquarters of Lower Subansiri district. The woven fabric of this tribe is known for […]
Gram Ujala Programme
Gram Ujala Programme: Convergence Energy Services Limited (CESL) has achieved a remarkable milestone of distributing 50 lakhs LED bulbs under Project Crore of their Gram Ujala programme. Gram Ujala scheme is being implemented in rural households in Bihar, Uttar Pradesh, Andhra Pradesh, Karnataka, and Telangana. CESL is providing high quality 7-Watt and 12-Watt LED bulbs […]
Consumer Protection (Direct Selling) Rules, 2021
Consumer Protection (Direct Selling) Rules, 2021: Central Government in exercise of the powers conferred by clause (zg) of sub-section (2) of section 101 read with section 94 of the Consumer Protection Act, 2019 has notified the Consumer Protection (Direct Selling) Rules, 2021. These Rules shall apply to all goods and services bought or sold through […]
Gig Workers
Gig Workers: The surge in demand for gig workers, particularly in the shared services and logistics segments, in the aftermath of the Covid-19 pandemic led to mushrooming of job discovery platforms. A gig economy is a free market system in which temporary positions are common and organisations contract with independent workers for short-term engagements. According […]
Nuclear Submarine Alliance: AUKUS
Nuclear Submarine Alliance: AUKUS Australia, the US and the UK signed an agreement allowing the exchange of sensitive “naval nuclear propulsion information” between their nations. It is the first agreement on the technology to be publicly signed since the three countries announced the formation of a defence alliance, AUKUS, to confront strategic tensions in the […]
