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Prompt Corrective Action Framework

Prompt Corrective Action Framework: Reserve Bank of India has removed the Central Bank of India from its Prompt Corrective Action Framework (PCAF) after the lender showed improvement in various financial ratios, including minimum regulatory capital and net non-performing assets (NNPAs). The Prompt Corrective Action norm is a supervisory tool and is imposed when a bank […]

National Logistics Policy 2022

National Logistics Policy 2022: The Government has launched a National Logistics Policy (NLP) 2022, aiming to achieve ‘quick last-mile delivery’, end transport-related challenges. Logistics encompasses planning, coordinating, storing, and moving resources —people, raw materials, inventory, equipment, etc., from one location to another, from the production points to consumption, distribution, or other production points. The term […]

Indian Swachhata League

Indian Swachhata League: SBM-Urban 2.0’s maiden edition of ‘Indian Swachhata League’ has mobilized half a million youths and celebrities toward making cities clean, green, and garbage free. SBM-U 2.0, announced in Budget 2021-22, is the continuation of SBM-U’s first phase (launched from 2014 to 2019). The government is trying to tap safe containment, transportation, disposal […]

National Assessment And Accreditation Council

National Assessment And Accreditation Council: The National Assessment and Accreditation Council (NAAC), which carries out quality checks or assessments of Indian Higher-level Educational Institutions (HEIs), courted controversy recently over the rating of the Maharaja Sayajirao University of Baroda and allegations of bribery in the process. The NAAC, an autonomous body under the University Grants Commission […]

Swachh Sujal Pradesh

Swachh Sujal Pradesh: Andaman and Nicobar (A&N) Islands have got India’s 1st Swachh Sujal Pradesh certification (by Jal Shakti Ministry). The certification is provided for ensuring 3 things: Safe and secure drinking water supply, ODF Plus status, awareness about cleanliness and convergence of schemes. All the villages of A&N islands have received Har Ghar Jal […]

International Year Of Millets (IYOM) 2023

International Year Of Millets (IYOM) 2023: FAO side event on International Year of Millets (IYOM) 2023 was held during the Ninth Session of the Governing Body (GB-9) of the International Treaty (Food and Agricultural Organisation) being hosted by the Government of India in New Delhi. The side event on IYOM-2023 focussed on celebrating Millets’ farmers. […]

Bogibeel Region

Bogibeel Region: Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal launched multiple projects for the development of the Bogibeel region near Dibrugarh in Assam. The Two floating jetties at Bogibeel in Dibrugarh district and Guijan in Tinsukia district will be constructed as state-of-art terminals using the most advanced & updated technology. Both the […]

India-Saudi Arabia Strategic Partnership Council

India-Saudi Arabia Strategic Partnership Council: Union Minister of Commerce and Industry, Shri Piyush Goyal visited Saudi Arabia from 18th to 19th September 2022 to attend the Ministerial meeting of the India-Saudi Arabia Strategic Partnership Council. The Strategic Partnership Council was instituted in October, 2019 during the visit of the Prime Minister of India to the […]