Strategic Petroleum Reserves (SPR) Programme: Under the Strategic Petroleum Reserves (SPR) programme, the government has given approval for establishing two additional facilities. In 2020, India filled its strategic petroleum reserves in view of the slump in crude prices. The new facilities will be commercial-cum-strategic facilities with a total storage capacity of 6.5 MMT (Million Metric […]
Foreign Contribution Regulation Act (FCRA) Certificate
Foreign Contribution Regulation Act (FCRA) Certificate: The Commonwealth Human Rights Initiative (CHRI) has challenged the suspension of its Foreign Contribution Regulation Act (FCRA) certificate for 180 days. The Ministry of Home Affairs (MHA) suspended CHRI’s certificate in violation of various provisions of the FCRA Act. Foreign Contribution (Regulation) Act (FCRA), 2010: Foreign funding of persons […]
Insolvency And Bankruptcy Code (Amendment Bill), 2021
Insolvency And Bankruptcy Code (Amendment Bill), 2021: The government introduced the Insolvency and Bankruptcy Code (Amendment Bill), 2021 in the Lok Sabha. The Bill is set to replace the Insolvency and Bankruptcy Code Amendment Ordinance 2021 promulgated in April 2021. It introduced an alternate insolvency resolution process for Micro, Small and Medium Enterprises (MSMEs) with […]
Central And South Asia: Regional Connectivity
Central And South Asia: Regional Connectivity: Uzbekistan hosted a high-level International Conference titled “Central and South Asia: Regional Connectivity. Challenges and Opportunities” at Tashkent, recently. The conference was an initiative of the President of Uzbekistan, Shavkat Mirziyoyev. Delegates from over 40 countries and about 30 international organizations, and heads of think tanks participated in the […]
Typhoon Fabian
Typhoon Fabian: Typhoon In-fa, known in the Philippines as Typhoon Fabian, is an active and very large tropical cyclone inland over China. The system was first noted as an area of low pressure, located east of the Philippines on July 14. Favorable conditions helped the storm to intensify, becoming a tropical depression, two days later […]
National Mission For Clean Ganga (NMCG) : Latest Status
The National Mission For Clean Ganga (NMCG): The National Mission for Clean Ganga (NMCG), conceived as a ₹20,000-crore programme in 2014 to clean up the river, has so far been allocated ₹15,074 crore. Of this only ₹10,972 crore, or about two-thirds, has been released by the Finance Ministry to the NMCG, a body under the […]
India’s Foreign Exchange Reserves : July 2021
India’s Foreign Exchange Reserves: India’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, the Reserve Bank of India (RBI) data showed. According to weekly data from the RBI, forex reserves rose to a record $612.73 billion in the reporting week, helped […]
Kandla SEZ (KASEZ) : First Green SEZ In The Country
KANDLA SEZ (KASEZ): First Green SEZ In The Country.: Kandla becomes first Green SEZ in the country. Kandla Special Economic Zone (KASEZ), the oldest export zone in the country, has become the “first green industrial city” in India to receive a platinum rating under IGBC Green Cities Rating for existing cities in the industrial cities […]
Kargil Vijay Diwas 2021
Kargil Vijay Diwas: Prime Minister Narendra Modi on July 26, 2021, paid tributes to Kargil martyrs on the Vijay Diwas day. Kargil Vijay Diwas is commemorated every 26th July in India, to observe India’s victory over Pakistan in the War of 1999 for the ejecting the Pakistani Forces from the mountain tops of Northern Kargil […]
Immigration Bill 2021 : Important Points
Immigration Bill 2021: The Ministry of External Affairs (MEA) invited public inputs to the Immigration Bill 2021. The Bill presents a long overdue opportunity to reform the recruitment process for nationals seeking employment abroad. Key Features of the Bill: The Bill intends to replace the Emigration Act of 1983. The Bill envisages comprehensive emigration management, […]
