The General Insurance Business (Nationalisation) Amendment Bill 2021: The General Insurance Business (Nationalisation) Amendment Bill 2021 was introduced in Lok Sabha by Finance Minister Nirmala Sitharaman. The Bill will amend the General Insurance Business (Nationalisation) Act, 1972. The Bill proposes three amendments. The first aims to omit the proviso to Section 10B of the Act […]
Category: Current Affairs
Commission For Air Quality Management In National Capital Region And Adjoining Areas Bill 2021
The Commission For Air Quality Management In National Capital Region And Adjoining Areas Bill 2021: The Commission for Air Quality Management in National Capital Region and Adjoining Areas Bill 2021 was introduced in the Lok Sabha by Minister of Environment, Forest and Climate Change. The bill aims for the constitution of a commission for better […]
Mahila Kisan Sashaktikaran Pariyojana
Mahila Kisan Sashaktikaran Pariyojana: The government has said that under the schemes implemented by the Department of Agriculture and Farmers Welfare (DA&FW) at least 30 percent of the expenditure allocated for agricultural schemes is being incurred for women to bring them into mainstream agriculture. This mainly includes Mahila Kisan Sashaktikaran Pariyojana. Mahila Kisan Sashaktikaran Pariyojana […]
Strategic Petroleum Reserves (SPR) Programme
Strategic Petroleum Reserves (SPR) Programme: Two more commercial-cum-strategic facilities at Chandikhol and Padur of 6.5 MM storage capacity to be established under phase-2 of SPR Programme. Under Phase I of strategic petroleum reserves (SPR) programme, Government of India, through its Special Purpose Vehicle, Indian Strategic Petroleum Reserve Limited (ISPRL), has established petroleum storage facilities with […]
The Inland Vessels Bill 2021
The Inland Vessels Bill 2021: The Inland Vessels Bill 2021 was passed in Lok Sabha. It replaces the Inland Vessels Act, 1917. The Bill seeks to introduce a uniform regulatory framework for inland vessel navigation across the country. Mechanically propelled inland vessels: The Bill defines such vessels to include ships, boats, sailing vessels, container vessels, […]
Chandrayaan-3
Chandrayaan-3 Indian Space Research Organisation (ISRO) is likely to launch India’s third lunar mission ‘Chandrayaan-3’ in the third quarter of 2022. Chandrayaan-3 is a lander-and rover-specific mission, which will demonstrate India’s capability of soft landing on a celestial body, with the rover then communicating with Earth via the existing orbiter from Chandrayaan-2 and taking images […]
AERA Amendment Bill, 2021
AERA Amendment Bill, 2021: The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021. It was first introduced in March 2021 and subsequently referred to a parliamentary standing committee on transport, tourism and culture, which approved it without any changes. It seeks to amend the Airports Economic Regulatory Authority of […]
Factoring Regulation (Amendment) Bill, 2021
Factoring Regulation (Amendment) Bill, 2021: Rajya Sabha has passed the Factoring Regulation (Amendment) Bill, 2021 to bring changes in the legislation aimed at helping the Micro, Small and Medium Enterprises (MSME) sector. It has incorporated many suggestions from the UK Sinha Committee. Key Provisions of the Bill: Change in the Definitions: It amends the definitions […]
Thirugnana Sambandar
Thirugnana Sambandar: The National Gallery of Australia (NGA) announced that it would return 14 works of art from its Asian art collection to India. The works being returned are: dancing child-saint Sambandar of 12th century belonging to Chola dynasty, processional standard [alam], from Hyderabad, arch for a Jain shrine (11th-12th century), seated Jina, 1163 from […]
Project BOLD : Jaisalmer
Project BOLD In Jaisalmer: The project was launched by Khadi and Village Industries Commission (KVIC) & BSF have launched Project BOLD in Jaisalmer to Prevent Desertification and Support Rural Economy. Under this, they have planted 1000 bamboo saplings. Recently KVIC launched Project BOLD in the tribal village of Nichla Mandwa in Udaipur, Rajasthan. Under this, […]
