New Framework For Payment Systems Operators: The Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators. This framework is issued under provisions of Payment and Settlement Systems Act, 2007. The Payment and Settlement Systems Act, 2007 provides for the regulation and supervision of payment systems […]
Category: Current Affairs
Swinhoe’s Softshell Turtle
Swinhoe’s Softshell Turtle: In recent years, a lot of efforts have been put by the conservationists to save the world’s most endangered turtle, Swinhoe’s softshell turtle from the brink of extinction. The animal is also known as the Hoan Kiem turtle or Yangtze giant softshell turtle. In Vietnam, these animals have great cultural significance as […]
Samagra Shiksha Scheme
Samagra Shiksha Scheme: The Cabinet Committee on Economic Affairs has approved continuation of the revised Samagra Shiksha Scheme for a period of five years i.e., from 2021-22 to 2025-26 with a total financial outlay of Rs.2,94,283.04 crore which includes Central share of Rs.1,85,398.32 crore. The Centre plans to pay students their Right to Education (RTE) […]
Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021
Airports Economic Regulatory Authority Of India (Amendment) Bill, 2021: With the passage in Rajya Sabha, Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 got approval of both houses of Parliament. Earlier, on July 29, the Bill was passed in the Lok Sabha. It seeks to amend the Airports Economic Regulatory Authority of India Act, […]
UAPA and PSA Data : Jammu and Kashmir
Unlawful Activities (Prevention) Act: Since 2019, the Jammu and Kashmir (J&K) administration has booked over 2,300 people in more than 1,200 cases under the Unlawful Activities (Prevention) Act, and 954 people under the Public Safety Act (PSA). Of these, 46 per cent of those booked under UAPA and about 30 percent of those detained under […]
Judicial Disqualification Of Judges
Recusal Or Judicial Disqualification Of Judges: Chief Justice of India (CJI) N.V. Ramana has recused himself from hearing a petition filed by Andhra Pradesh accusing Telangana of depriving its people of their legitimate share of water for drinking and irrigation. The Chief Justice said he recused from hearing because he hailed from both Andhra Pradesh […]
Umling La pass – World’s Highest Motorable Road
World’s Highest Motorable Road :Umling La pass In Eastern Ladakh: The Border Roads Organisation (BRO) has constructed and completed black topping the world’s highest motorable road at Umling La pass in Eastern Ladakh, located at an altitude of 19,300 ft. By constructing this road, BRO has created a record in high-altitude road construction. It bettered […]
Covid 19 Effects on SDG-2 Zero Hunger
Zero Hunger: According to a recent report by the United Nations, the goal of achieving Sustainable Development Goals (SDG) 2 i.e. ‘Zero Hunger’ has been hit in the wake of the novel coronavirus disease (Covid-19) pandemic. The zero hunger goal works in tandem with many others: Poverty elimination (SDG1), good health and well-being (SDG3), and […]
Limited Liability Partnership (Amendment) Bill, 2021
The Limited Liability Partnership (Amendment) Bill, 2021: The Bill seeks to amend the Limited Liability Partnership Act, 2008 and provides for the following: To introduce the concept of “small limited liability partnership” in line with the concept of “small company” under the Companies Act, 2013; To amend certain sections of the Act so as to […]
IAC Vikrant Trial
Trial Of India’s First Indigenous Aircraft Carrier (IAC) Vikrant: Prime Minister Narendra Modi congratulated the Indian Navy and Cochin Shipyard Limited for the maiden sea trial of India’s first indigenous aircraft carrier (IAC) Vikrant. With a planned induction of Vikrant in less than a year, India is set to join a select group of countries […]
