The Competition (Amendment) Bill, 2022: Key Changes: The Competition (Amendment) Bill, 2022 has been introduced that aims to improve regulatory set-up by increasing the CCI’s accountability, giving it flexibility and enforcement efficiency. Key Changes mentioned in the bill: A board with part-time members to supervise CCI activities. This would bring its regulatory architecture at par […]
Category: Current Affairs
Webinar On Act East Policy
A Webinar On Act East Policy: A webinar was recently organised on “Act East Policy”. India’s ‘Act East’ policy is a diplomatic initiative to promote economic, strategic and cultural relations with the vast Asia-Pacific region at different levels. It is considered as the modern version of the ‘Look East Policy’ which was launched in 1991 […]
What Is AgriStack?
What Is AgriStack? The government is working on a digital ‘stack’ of agricultural datasets, with its core as land records. But, such a centralised stack will use old and inaccurate land records; farmers’ personal and financial details will be used without a strong data protection law; and rural areas have a low level of digital […]
Greenhouse Horticulture: Important Points
What Is Greenhouse Horticulture? The India Greenhouse Horticulture market held a market value of USD 190.84 Million in 2021 and is estimated to reach USD 271.25 Million by the year 2030. The market is expected to register a growth rate of 4.19% over the projected period. In 2021, India’s greenhouse horticulture production was 27.71 million […]
New Microfinance Lending Norms: RBI
New Microfinance Lending Norms: RBI RBI has released new microfinance lending norms. As per these norms: All entities, banks, non-banking financial companies (NBFCs), and microfinance institutions (MFIs) are subject to the same regulations. A microfinance loan is defined by the RBI as a ‘collateral-free’ loan granted to a household with an annual household income of […]
Periodic Labour Force Survey : NSO
Periodic Labour Force Survey : NSO According to the latest Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO): India’s urban unemployment rate jumped to 12.6 per cent in the April-June quarter of 2021, compared to 9.3 per cent in the January-March quarter. It, however, eased from the 20.8 per cent level […]
Revamped Distribution Sector Scheme
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 […]
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 […]
