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Subvention Scheme

Subvention Scheme: The Supreme Court has provided relief to homebuyers in the National Capital Region (NCR) under the Subvention scheme. The Supreme Court has instructed banks not to take coercive action against individuals who have not received possession of their flats. Subvention Scheme involve a tripartite agreement between the buyer, banker, and developer. The buyer […]

Rock Varnish Layers In Ladakh

Rock Varnish Layers In Ladakh: Magnetofossils, fossilised magnetic particles from magnetotactic bacteria, have been discovered in rock varnish layers in Ladakh. Rock varnish is a dark brown to black coating that covers stable, subaerially exposed rock surfaces in arid and semiarid regions. Findings: The analysis of the rock varnish samples from Ladakh revealed higher concentrations […]

Heatwaves : Notified Disaster List

Heatwaves : Notified Disaster List The Minister of state for Union ministry of science and technology informed Lok Sabha that 15th Finance Commission declined to include heatwaves on the notified disaster list. The Disaster Management Act, 2005,defines a disaster as a “catastrophe, mishap, calamity or grave occurrence” arising from natural or man-made causes that results […]

E-Upahaar Portal

E-Upahaar Portal: Rashtrapati Bhavan will auction selected gift items, presented to the President and former Presidents on various occasions, through an online portal called E-Upahaar. E-Upahaar Portal is an auction portal of the President’s Secretariat (office of the President of India), Rashtrapati Bhavan for auctioning of gift items presented to Hon’ble President and former Presidents […]