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Asset Reconstruction Companies (ARCs): RBI

Asset Reconstruction Companies (ARCs):RBI To streamline the functioning of asset reconstruction companies (ARCs), the Reserve Bank panel has come out with a host of suggestions. The RBI had set up a committee headed by Sudarshan Sen to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and […]

Madras High Court on Tamil Nadu Reservation Law

Unconstitutional – A Reservation Law Passed By The Tamil Nadu Legislative Assembly: The Madras High Court has declared as unconstitutional a reservation law passed by the Tamil Nadu legislative Assembly. The law envisaged providing 10.5% internal reservation to Vanniakula Kshatriya community, within the 20% earmarked for Most Backward Classes (MBCs) in education and public employment. […]

Khasi Inheritance Of Property Bill, 2021

Khasi Inheritance Of Property Bill, 2021: The Khasi Hills Autonomous District Council (KHADC) in Meghalaya announced that it would introduce the ‘Khasi Inheritance of Property Bill, 2021. The bill is aimed at “equitable distribution” of parental property among siblings in the Khasi community. If implemented, the proposed Bill would modify an age-old customary practice of […]

Project-15B

Project-15B: The first ship of the four Project-15B state-of-the-art stealth guided missile destroyers i.e. ‘Y 12704 (Visakhapatnam)’, was delivered to the Navy. The ship is constructed using indigenous steel DMR 249A and is amongst the largest destroyers constructed in India. India’s Destroyer Construction Programme: India’s indigenous Destroyer construction programme commenced in the late 1990s with […]

Whistle Blower Portal: IREDA

Whistle Blower Portal: IREDA The Indian Renewable Energy Development Agency (IREDA) has launched a ‘whistle-blower Portal’, as a part of ‘Vigilance Awareness Week 2021’. It is a part of IREDA’s “zero tolerance” of corruption. Through this portal, IREDA employees can raise concerns related to fraud, corruption, abuse of power etc. IREDA is a Mini Ratna […]

Bhasha Sangam Initiative

Bhasha Sangam Initiative: The Ministry of Education launched various initiatives under Ek Bharat Shreshtha Bharat (EBSB) to commemorate Rashtriya Ekta Diwas. The Ek Bharat Shreshtha Bharat was announced by the Prime Minister in 2015 on the occasion of the 140th birth anniversary of Sardar Vallabhbhai Patel. The Rashtriya Ekta Diwas is celebrated to mark the […]

Ganga Utsav 2021 – River Festival

Ganga Utsav 2021-The River Festival: The 5th edition of Ganga Utsav-The River Festival 2021 has begun which celebrates the glory of the National river Ganga. Ganga was declared as the National River of India on 4th November 2008. The event will also comprise, launch of the Ganga Tarang Portal, curtain raiser on Ganga Knowledge Portal […]

18th India-ASEAN Summit

18th India-ASEAN Summit: India participated in the 18th India-ASEAN Summit at the invitation of Brunei, the current Chair of ASEAN. The Year 2022 has been highlighted as India-ASEAN Friendship by the leaders. India-ASEAN Summit is held every year and provides an opportunity for India and Asean to engage at the highest level. ASEAN in Act […]