Deposit Insurance And Credit Guarantee Corporation (DICGC) Bill, 2021: The Prime Minister said that Rs 1,300 crore had been paid to over 1 lakh depositors who could not access their money as their banks faced financial crises. The deposits worth Rs 76 lakh crore were insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) […]
Category: Current Affairs
Supreme Court on Highway Widening in Char Dham
Char Dham: The Supreme Court has allowed carriageways of three highways to be widened to 10m as part of the Char Dham roads project after modifying its earlier order limiting the width to 5.5m. A three-judge Supreme Court bench modified an earlier, September 2020 order by another three-judge bench directing that three highways being laid […]
Earthquake in Eastern Indonesia
Earthquake Struck Eastern Indonesia: A 7.3-magnitude earthquake struck eastern Indonesia. The epicentre was in the Flores Sea, north of East Nusa Tenggara province. Indonesia sit along the Ring of Fire region, an area where most of the world’s volcanic eruptions occur. The Ring of Fire has seen a large amount of activity in recent days, […]
Public Accounts Committee
Public Accounts Committee: The centennial celebrations of Parliament’s Public Accounts Committee was recently held. The PAC is formed every year with a strength of not more than 22 members of which 15 are from Lok Sabha and 7 from Rajya Sabha. The term of office of the members is one year. The Chairman is appointed […]
Konyak Naga Tribes
Konyak Nagas: The Konyak Union (KU), the apex body of the Konyak Naga tribe that resides in Nagaland’s Mon district, Monday, has announced fresh regulations to continue its “non-cooperation” with the armed forces on Konyak soil — a decision took following the killing of 14 civilians in Oting village in a security ambush recently. Konyak […]
What is Wholesale Inflation?
Wholesale Price Index: Wholesale inflation, based on the Wholesale Price Index, jumped to 14.23 per cent in November from 12.54 per cent in October (on a year-on-year basis), data released by the Ministry of Commerce & Industry showed. It was primarily due to rise in food prices especially of vegetables, and minerals and petroleum products […]
United States to Expand it Reach in Indo-Pacific Region
What Is Indo- Pacific? U.S. Secretary of State Antony Blinken has said that the United States will expand its military and economic relationships with partners in Asia to push back against China’s increasing assertiveness in the Indo-Pacific. The idea of the Indo-Pacific as a single strategic space is an outgrowth of China’s growing influence in […]
Trafficking In Persons (Prevention, Care and Rehabilitation) Draft Bill 2021
Trafficking In Persons (Prevention, Care and Rehabilitation) Draft Bill 2021: The Indian Leadership Forum Against Trafficking (ILFAT) has written to the Ministry of Women and Child Development identifying gaps in the Trafficking in Persons (Prevention, Care and Rehabilitation) draft Bill 2021, which is expected to be tabled in the Winter session of Parliament. Issues with […]
United Nations Convention On The Law Of The Sea (UNCLOS)
United Nations Convention On The Law Of The Sea (UNCLOS).: India remained committed to promoting a free, open and rules-based order rooted in international law and undaunted by coercion, the Centre informed Parliament while reiterating support for the United Nations Convention on the Law of the Sea (UNCLOS). As a State party to the UNCLOS, […]
Collegium System
Collegium System: The government has said that there was a call from within the judiciary and parliamentarians to change the collegium system for appointment of judges. A draft memorandum of procedure for bringing transparency and accountability to the system was submitted by the Government to the Supreme Court, and it was pending. In exercise of […]
