NITI Aayog Report: NITI Aayog and Mastercard released a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’. The report identifies challenges in accelerating digital financial inclusion in India and provides recommendations for making digital services accessible to its 1.3 billion citizens. Key recommendations in the report include: Strengthening the payment infrastructure […]
Tag: 11th May 2021
Rise In Global Commodity Prices
Rise In Global Commodity Prices: Recently, there has been an across-the-board rise in global commodity prices that is being billed as a new commodity supercycle. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of […]
Pradhan Mantri Garib Kalyan Ann Yojana
Pradhan Mantri Garib Kalyan Ann Yojana: Thirteen states have started distributing foodgrains under the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). The scheme has been rolled out again for two months (May and June 2021) as the country’s healthcare infrastructure has reached its capacity and several states have taken steps like complete lockdown, night curfew […]
JJM : 100% Tap Water Connection In Rural Areas In Puducherry
100% Tap Water Connection In Rural Areas In Puducherry: JJM: The Union Territory of Puducherry has become the fourth State/UT after Goa, Telangana, and Andaman & Nicobar Islands to provide assured tap water supply to every rural home under Jal Jeevan Mission (JJM). Further, the State of Punjab and the UTs of Dadra & Nagar […]
Illegal Sale Of Uranium
Illegal Sale Of Uranium: Two people were arrested under the Atomic Energy Act, 1962 for possessing uranium without license and selling it illegally. On testing, the sample was confirmed as natural uranium by Bhabha Atomic Research Centre (BARC). Uranium: Uranium occurs naturally in low concentrations in soil, rock and water. It is a hard, dense, […]
Sinopharm COVID-19 Vaccine
Sinopharm COVID-19 Vaccine: The World Health Organization approved the Sinopharm COVID-19 vaccine for emergency use — the first Chinese jab to receive the WHO’s green light. The UN health agency signed off on the two-dose vaccine, which is already being deployed in dozens of countries around the world. The WHO has already given emergency use […]
Socially And Educationally Backward Classes (SEBC)
Socially And Educationally Backward Classes (SEBC): The supreme court said that the Centre alone is empowered to identify Socially and Educationally Backward Classes (SEBC) and include them in the Central List for claiming reservation benefits. The President (that is the Central government) alone, to the exclusion of all other authorities, is empowered to identify SEBCs […]
S. Janakiraman Advisory Group : Regulatory Review Authority
S. Janakiraman Advisory Group: The Reserve Bank said an advisory group had been constituted to assist the second Regulatory Review Authority (RRA) which was set up by the central bank earlier this month to streamline regulations and reduce the compliance burden of regulated entities. Headed by SBI Managing Director S. Janakiraman, the group will assist […]
Frequent Earthquakes In Northern Assam : Reasons
Frequent Earthquakes In Northern Assam’s Sonitpur area: An unfamiliar lineament is among four factors behind frequent earthquakes in northern Assam’s Sonitpur area. A lineament is a linear feature in a landscape dictated by an underlying geological structure such as a fault. According to the Geological Survey of India (GSI), the Sonitpur district lies within a […]
Mount Sinabung Erupted : Indonesia
Mount Sinabung Erupted: Indonesia: Indonesia’s Mount Sinabung, located in the North Sumatra province, erupted in May 2021 belching a massive column of volcanic ash and smoke 3,000 meters (3 km) into the sky. The volcano has been active since 2010 when it erupted after nearly 400 years of inactivity. Indonesia is home to many active […]
