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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 […]

G7 Digital Trade Principles

G7 Digital Trade Principles: The Group of Seven (G7) wealthy nations agreed on a joint set of principles to govern cross-border data use and digital trade. The deal is a first step in reducing trade barriers, and could lead to a common rulebook of digital trade. Earlier, India attended the 47th G7 Summit as a […]

Turkey On FATF Grey List

Turkey On FATF Grey List: The Financial Action Task Force (FATF) has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”, also known as the FATF grey list. There are now 23 countries in the list. If countries fail to prevent international money laundering and terrorist financing, then […]

FATF Retains Pakistan On Grey List

FATF Retains Pakistan On Grey List: The Financial Action Task Force (FATF) retained Pakistan in the ‘greylist’ or ‘increased monitoring list’. The FATF also announced the ‘greylisting’ of Jordan, Mali and Turkey. Botswana and Mauritius had been taken out of the grey list. Pakistan is retained for failing to effectively implement the global FATF standards […]