Central Bank Digital Currency (CBDC): The Reserve Bank of India has been working on a phased implementation strategy for a CBDC and the pilot may be launched by the end of this year. The financial advisory services firm has listed four major use cases of CBDC in the Indian context. This includes: ‘Fit-for-purpose’ money used […]
Category: Current Affairs
Parliamentary Privileges
Parliamentary Privileges: Vice-President and Rajya Sabha Chairman M Venkaiah Naidu has said that disrupting parliamentary proceedings amounts to contempt of the House and it cannot be claimed as a privilege. This is the first time that a presiding officer of any legislature in the country has taken a public position on the issue of disruptions […]
Single Window System For Investors
Single Window System For Investors: The Ministry of Commerce and Industry has launched the national single window system for investors and businesses to improve Ease of Doing Business (EoDB). India was placed at 63rd position in the World Bank’s ease of doing business report, 2020 out of 190 countries. Recently, the World Bank has decided […]
FDI Inflows India April-July 2021-22
FDI Inflows: Foreign Direct Investment (FDI) inflows grew 62% during the first four months (April-July period) of current FY 2021-22 over corresponding period last year (2020). India attracted a total FDI inflow of USD 27.37 billion during the four months. In the FY 2020-21, India saw growth of 10% (to $82 bn) in FDI. FDI […]
Climate-Induced Migration And Modern Slavery
Climate-Induced Migration And Modern Slavery: International Institute for Environment and Development (IIED) and Anti-Slavery International released a report named Climate-Induced Migration and Modern Slavery. IIED is a policy and action research organisation promoting sustainable development and linking local priorities to global challenges. It is based in London, UK. Anti-Slavery International is the world’s oldest international […]
SAARC Foreign Minister Meeting 2021
SAARC: A meeting of foreign ministers from the South Asian Association for Regional Cooperation (SAARC) countries, which was set to be held in New York on Saturday, has been cancelled. Sources report that the member states were unable to agree upon the participation of Afghanistan, with Pakistan and India in particular at loggerheads over the […]
Comprehensive Economic Partnership Agreement (CEPA)
Comprehensive Economic Partnership Agreement (CEPA): India and UAE’s Commerce Minister have formally launched negotiations on the India-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA). The first round of CEPA negotiations will be held on 23-24 September 2021. CEPA will create new jobs, raise living standards, and provide wider social and economic opportunities in both nations. […]
Sign Language Day: September 23, 2021
Sign Language: The New Delhi- based Indian Sign Language Research and Training Centre (ISLRTC), an autonomous body within the Department of Empowerment of Persons with Disabilities (Divyangjan) under the Ministry of Social Justice and Empowerment, will be celebrating ‘Sign Language Day’ on September 23, 2021. Ever since the United Nations declared 23rd September as the […]
2021 Changemaker Award
2021 Changemaker Award: Fairooz Faizah Beether of Bangladesh has been chosen for the 2021 Changemaker Award for her work promoting good health and well-being by the Bill and Melinda Gates Foundation. The Award celebrates an individual who has inspired change using personal experience or from a position of leadership. Fairooz Faizah is co-founder of Moner […]
Global Air Pollution Standards 2021 : WHO
Global Air Pollution Standards : WHO: The World Health Organization (WHO), in its first-ever update since 2005, has tightened global air pollution standards in recognition of the emerging science that the impact of air pollution on health is much more serious than earlier envisaged. The upper limit of annual PM2.5 as per the 2005 standards, […]
