Special Credit Linked Capital Subsidy Scheme: The Ministry of Micro, Small and Medium-sized Enterprises (MSMEs) launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector. The scheme will help in meeting the technology-related requirements of enterprises in the services sector. It has a provision of 25% capital subsidy for procurement of plant […]
Category: Current Affairs
Repeal Of Three Contentious Farm Laws
Repeal Of Three Contentious Farm Laws: Prime Minister Narendra Modi in his address to the nation on November 19 announced the repeal of three contentious farm laws. He assured farmer groups protesting against these laws that the legislative process for the repeal would be completed in the upcoming Winter Session of the Parliament. Three Farm […]
Smart Policing Index 2021
Smart Policing Index 2021: According to a nationwide survey conducted by Indian Police Foundation (IPF), police in Bihar and Uttar Pradesh scored the lowest among all States when it came to perception of “sensitivity”. Earlier, the National Human Rights Commission (NHRC) had asked the Union Ministry of Home Affairs (MHA) and the State Governments to […]
Kulbhushan Jadhav Case
Kulbhushan Jadhav Case: Pakistan’s Parliament has enacted a law to give Indian death-row prisoner Kulbhushan Jadhav the right to file a review appeal against his conviction by a military court. The bill was enacted to implement an order of the International Court of Justice (ICJ). However, India points out that the law has several “shortcomings”, […]
PESA Act
PESA Act: One Day National Conference was organized on the Provisions of the Panchayats (Extension to the Scheduled Areas) Act, 1996 (PESA) to celebrate 25th year of PESA Act, as part of Azadi Ka Amrit Mahotsav. The Panchayats (Extension to Scheduled Areas) Act, 1996 or PESA Act is a law enacted by the Government of […]
Guru Nanak Dev Jayanti
Guru Nanak Dev Jayanti: Guru Nanak Dev Ji Jayanti, also known as Guru Nanak’s Prakash Utsav and Guru Nanak Dev Ji Gurpurab, celebrates the birth of the first Sikh guru, Guru Nanak. Guru Nanak Jayanti is celebrated on the full moon day of Kartik month, also known as Kartik Poornima. This year, followers of Guru […]
Battle Of Rezang La: 59th Anniversary
59th Anniversary Of The Battle Of Rezang La: November 18 marks the 59th anniversary of the Battle of Rezang La. A memorial was inaugurated on the occasion. Rezang La is a mountain pass on the Line of Actual Control in Ladakh. It is located between village of Chushul and the Spanggur Lake that stretches across […]
Cairn’s Offer On Retrospective Tax
Cairn’s Offer On Retrospective Tax: Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC undertakings which would allow for the refund of taxes. The company will now be issued a ₹7,900 crore refund. In December 2020, a three-member international arbitral […]
India Becomes The Highest Recipient Of Remittances
India Becomes The Highest Recipient Of Remittances: According to the World Bank’s Migration and Development Brief, India has become the world’s largest recipient of Remittances, receiving USD 87 billion (a gain of 4.6 % from previous year) in 2021. India is followed by China, Mexico, the Philippines, and Egypt. The United States being the biggest […]
Shale Oil And Gas
Shale Oil And Gas: Cairn India will partner US-based Halliburton to start shale exploration in the Lower Barmer Hill formation, Western Rajasthan. Shale Oil and Gas: Tight Oil: The key difference between shale oil and conventional crude is that the former, also called ‘tight oil’, is found in smaller batches, and deeper than conventional crude […]
