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General Insurance Business (Nationalisation) Amendment Bill 2021

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 […]

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 […]

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 […]

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 […]