Asian Infrastructure Investment Bank (AIIB): AIIB has said that it would look to fund both social as well as climate-resilient infrastructure in India in the coming years. Meanwhile, it has also asked India to strike a balance between ramping up physical infrastructure and the social infrastructure such as healthcare systems. Asian Infrastructure Investment Bank (AIIB) […]
Category: Economics Current Affairs
Radio Over Internet Protocol (ROIP) System
Radio Over Internet Protocol (ROIP) System: In view of a much needed solution for providing effective long range Marine communication, the Radio over Internet Protocol (ROIP) System at Syama Prasad Mookerjee Port, Kolkata (SMP, Kolkata), was inaugurated. ROIP system is being introduced as a marine communication mode, for the first time in any Major Indian […]
Ayushman Bharat Health Infrastructure Mission
Ayushman Bharat Health Infrastructure Mission: The Prime Minister launched the Ayushman Bharat Health Infrastructure Mission. It is one of the largest pan-India schemes for strengthening healthcare infrastructure across the country. It is in addition to the National Health Mission. It will provide support to 17,788 rural Health and Wellness Centres in 10 ‘high focus’ states […]
City With The Most Sustainable Transport System: Kerala
City With The Most Sustainable Transport System: Kerala Kerala has won the award for the ‘city with the most Sustainable Transport System’. It will be presented by the Ministry for Housing and Urban Affairs. The award is given in recognition of the transport facilities in various states and Union Territories of India. The award has […]
What Is Adjusted Gross Revenue (AGR)?
What Is Adjusted Gross Revenue (AGR)? Bharti Airtel has decided to opt for the four-year moratorium on adjusted gross revenue (AGR) and spectrum payments, making it the second telco after Vodafone Idea to accept the offer, which was part of the recently announced telecom relief package. The Union Cabinet had in September approved several measures […]
Sustainability Of The Electricity Sector
Sustainability Of The Electricity Sector: Ministry of Power notified rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards Climate Change. The following Rules notified by the Ministry of Power under Electricity Act, 2003 are in the interest of the electricity consumers and the stakeholders: Electricity […]
Amended Technology Up-Gradation Fund Scheme (ATUFS)
Amended Technology Up-gradation Fund Scheme (ATUFS): Union Minister of Textiles Piyush Goyal reviewed the Amended Technology Up-gradation Fund Scheme (ATUFS) to boost the Indian textile industry by enabling the ease of doing business, bolstering exports and fuelling employment. Ministry of Textiles had introduced Technology Upgradation Fund Scheme (TUFS) in 1999 as a credit linked subsidy […]
National Fund To Control Drug Abuse
National Fund To Control Drug Abuse: The Social Justice and Empowerment Ministry has recently recommended that the National Fund to Control Drug Abuse be used to carry out de-addiction programmes, rather than just policing activities National Fund to Control Drug Abuse: It was created in accordance with a provision of the Narcotic Drugs and Psychotropic […]
Mauritius Out Of The Grey List: FATF
Mauritius Out Of Its Grey List: FATF The Financial Action Task Force (FATF) has moved Mauritius out of its grey list. Mauritius has strengthened the effectiveness of its anti-money laundering and terror financing process, and has addressed related technical deficiencies to meet the commitments in its action plan regarding the strategic deficiencies that the FATF […]
SAKSHAM Centres
SAKSHAM Centres: As part of Azadi ka Amrit Mahotsav, a total of 152 Centre for Financial Literacy & Service Delivery (SAKSHAM Centres) across 77 districts of 13 states were launched. The centres were launched under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development. SAKSHAM Centres: Centre for Financial […]