El Salvador First In The World To Adopt Bitcoin As Legal Tender

El Salvador First In The World To Adopt Bitcoin, As Legal Tender: El Salvador, a small coastal country in Central America has become the first in the world to adopt Bitcoin, as legal tender. Legal tender is the legally recognized money within a given political jurisdiction. Bitcoin: Introduced in 2009, it is a type of […]

CHATT : Confederation Of Hospitality, Technology & Tourism Industry

Confederation Of Hospitality, Technology & Tourism Industry (CHATT): Airbnb, EaseMyTrip, OYO and Yatra have established a new industry association called “Confederation of Hospitality, Technology & Tourism Industry (CHATT)”. CHATT will help small companies and travel & hospitality technology players. CHATT association: It will promote domestic tourism and help in digital transformation of domestic tourism. It […]

Fugitive Economic Offenders And Assets

Fugitive Economic Offenders And Assets.: Union Minister Dr Jitendra Singh addressed the Special Session of the UN General Assembly on international cooperation to combat the challenge of Fugitive Economic Offenders and Assets. Fugitive Economic Offenders Bill, 2018 The bill was passed by both the houses of Parliament in 2018 after the Nirav Modi–PNB fraud worth […]

Market Based Economic Despatch (MBED)

Market Based Economic Despatch (MBED): Ministry of Power has circulated discussion Paper on Market Based Economic Despatch (MBED) on 1st June 2021 to all concerned stakeholders for obtaining their inputs and comments. Power despatch meaning: Since electricity cannot be stored in power lines, the entity operating the power grid must continuously adjust the output of […]

Performance Grading Index (PGI)

Performance Grading Index (PGI): The Union Education Minister has approved the release of the Performance Grading Index (PGI) 2019-20 for States and Union Territories. The PGI is a tool to provide insights on the status of school education in States and UTs including key levers that drive their performance and critical areas for improvement. About […]

Council Of Scientific And Industrial Research (CSIR)

Council Of Scientific And Industrial Research (CSIR): The Prime Minister chaired a meeting of the Council of Scientific and Industrial Research (CSIR) Society through video conference. Earlier CSIR Floriculture Mission was approved for implementation in 21 States and Union Territories of India. It is also planning to undertake genome sequencing of a sample of nearly […]