Revamped Distribution Sector Scheme: REC and PFC, the state-run lenders that are the nodal lending agencies for the Rs 3.03 lakh crore revamped distribution sector scheme (RDSS) launched by the Union ministry of power in August last year, will release the first tranche of funds to a host of states including Uttar Pradesh, Assam and […]
Category: Current Affairs
PM-DAKSH Scheme : Key Points
PM-DAKSH Scheme: The Ministry of Social Justice & Empowerment has informed the Lok Sabha that the amount of funds earmarked under PM-DAKSH (Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi) Yojana during 2020-21 and 2021-22 are Rs.44.79 crores and Rs.79.48 crores respectively. Earlier, the Ministry launched ‘PM-DAKSH’ Portal and ‘PM-DAKSH’ Mobile App to make the skill […]
Slow Pace of Project Dolphin
What Is Project Dolphin? The MInistry of Jal Shakti expressed his displeasure over the slow pace of the approval process for Project Dolphin. Project Dolphin initiative got in-principle approval in 2019 at the first meeting of the National Ganga Council (NGC), headed by the Prime Minister. Project Dolphin is one of the activities planned under […]
Man-Portable Air-Defence Systems : Key Points
Man-Portable Air-Defence Systems: The United States and North Atlantic Treaty Organization (NATO) are shipping weapons into Ukraine, including highly sensitive items such as shoulder-fired missiles called Man-Portable Air-Defence Systems (MANPADS) that can take down aircraft. Countries such as India, Pakistan, Germany, UK, Turkey and Israel have also used MANPADS in their defence efforts. Russia is […]
Chair Of Excellence: General Bipin Rawat
Chair Of Excellence: General Bipin Rawat On the eve of the 65th birthday of late Chief of Defence Staff (CDS), General Bipin Rawat, the Indian Army has instituted a Chair of Excellence in his memory at the United Service Institution of India (USI). The formal announcement was made by Gen. Manoj Naravane, Chief of Army […]
International Day To Combat Islamophobia
International Day To Combat Islamophobia: As the United Nations General Assembly adopted a resolution to proclaim March 15 as the International Day to Combat Islamophobia, India expressed concern over phobia against “one religion being elevated to the level of an international day”. India’s Permanent Representative to the UN Ambassador T.S. Tirumurti said in the General […]
What Is Medical And Wellness Tourism?
What Is Medical And Wellness Tourism? The Ministry of Tourism has formulated a National Strategy and Roadmap for Medical and Wellness Tourism. The policy envisages promoting India as a Medical Value Travel (MVT) and Wellness destination. Medical & Wellness tourism may be defined as ‘activities related to travel and hosting a foreign tourist who stays […]
Regulatory Framework For Microfinance Loans: Highlights
Regulatory Framework For Microfinance Loans: Highlights The Reserve Bank of India (RBI) allowed Microfinance Institutions(MFI) the freedom to set interest rates they charge borrowers, with a caveat that the rates should not be usurious. The guidelines will take effect 1st April 02022. Earlier in 2021, the RBI proposed to lift the interest rate cap on […]
What Is Flood Plain Zoning?
What Is Flood Plain Zoning? The Ministry of Jal Shakti has informed the Rajya Sabha that the states of Manipur, Rajasthan, Uttarakhand and erstwhile State of Jammu & Kashmir had enacted the National Floodplains Zoning Policy. However, delineation and demarcation of flood plains is yet to be undertaken. Earlier, the Comptroller and Auditor General of […]
What Is Phosphorus Bomb?
What Is Phosphorus Bomb? Ukrainian police has accused Russian forces of launching phosphorus bomb attacks (chemical weapon) in the Lugansk and Donetsk regions of eastern Ukraine, collectively known as the Donbas. International law prohibits the use of white phosphorus shells in heavily populated civilian areas, but allows them in open spaces to be used as […]
