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India’s Arctic Policy

India’s Arctic Policy: The Centre released India’s Arctic Policy, with the aim of enhancing the country’s cooperation with the resource-rich and rapidly transforming region. The six pillars of the Policy are as follows: Science and Research Economic and Human Development Cooperation Climate and Environmental Protection Transportation and Connectivity Governance and International Cooperation National Capacity Building […]

S-400 Triumf Long-Range Air Defence System

S-400 Triumf long-range air defence system The S-400 Triumf long-range air defence system, currently being inducted by India, and remains a potent weapon for the neighbour, the Indian Air Force will counter it based on “direct tactical planning”, an IAF representative informed the parliamentary standing committee on defence In October 2018, India had signed a […]

MGNREGA : Changes In Payment Method

MGNREGA : Changes In Payment Method   A Parliamentary Standing Committee has asked the Rural Development Ministry to replace caste-based NREGS payment with the earlier mechanism of generation of single Fund Transfer Order Key observations: Parliament’s Standing Committee on Rural Development and Panchayati Raj has asked the government to roll back the system of caste-based […]

Slow Pace of Project Dolphin

What Is Project Dolphin? The MInistry of Jal Shakti expressed his displeasure over the slow pace of the approval process for Project Dolphin. Project Dolphin initiative got in-principle approval in 2019 at the first meeting of the National Ganga Council (NGC), headed by the Prime Minister. Project Dolphin is one of the activities planned under […]

PM-DAKSH Scheme : Key Points

PM-DAKSH Scheme: The Ministry of Social Justice & Empowerment has informed the Lok Sabha that the amount of funds earmarked under PM-DAKSH (Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi) Yojana during 2020-21 and 2021-22 are Rs.44.79 crores and Rs.79.48 crores respectively. Earlier, the Ministry launched ‘PM-DAKSH’ Portal and ‘PM-DAKSH’ Mobile App to make the skill […]

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 […]