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National Disaster Management Authority (NDMA)

National Disaster Management Authority (NDMA): The Supreme Court directed the National Disaster Management Authority (NDMA) to frame guidelines for payment of ex-gratia compensation to family members of persons who succumbed to COVID-19. It also directed the NDMA to ascertain within six weeks ex-gratia amount that can be paid to the family members of those who […]

Indrajaal : India’s First Indigenous Drone Defence Dome

India’s First Indigenous Drone Defence Dome : “Indrajaal”. Hyderabad-based technology R&D firm Grene Robotics has designed and developed India’s first indigenous drone defence dome called “Indrajaal”. The drone defence dome has the capability to autonomously protect an area of 1000-2000 sq km against the aerial threats by assessing and acting on aerial threats such as […]

Framework for Accredited Investors : SEBI

Accredited Investors: Market regulator Securities and Exchange Board of India (SEBI) introduced a framework for accredited investors. SEBI defines accredited investors as “a class of investors who may be considered to be well informed or well advised about investment products”. The accredited investors could be individuals, HUFs, sole proprietorships, family trusts, partnership firms, trusts and […]

Appointment of Independent Directors : SEBI

Independent Directors: The Securities and Exchange Board of India (Sebi) overhauled the norms pertaining to the appointment, removal, and remuneration of independent directors. The appointment, re-appointment, and removal of independent directors shall be through a special resolution, which requires 75 per cent votes in support instead of 51 per cent, as in the case of […]

Enforcing Contracts Portal

Enforcing Contracts Portal: The portal aims to promote ease of doing business and improve ‘Contract Enforcement Regime’ in country It is envisioned to be a comprehensive source of information pertaining to the legislative and policy reforms being undertaken on the “Enforcing Contracts” parameters It includes the latest data related to the functioning and disposal of […]

BharatNet Project

BharatNet Project: The Union Cabinet approved a Viability Gap Funding support of up to Rs. 19,041 crore (Out of the total expense of Rs. 29,430 crore) for the implementation of the BharatNet project through Public-Private Partnership model. Public-Private Partnership (PPP) involves collaboration between a government agency and a private-sector company that can be used to […]

G20 Foreign Ministers Meeting

G20 Foreign Ministers Meeting: Italy hosted the G-20 foreign ministers’ meeting to discuss the fight against Covid-19 and how to speed up the recovery of the global economy and boost sustainable development in Africa. Currently, Italy holds the presidency of G-20. The G-20 summit is scheduled to be held in Italy in October, 2021. India […]

Guindy National Park : Ecosystem Services

Ecosystem Services: The Guindy National Park provides a number of ecosystem services to the people of Chennai, Tamil Nadu. Ecosystem services are the direct and indirect contributions of ecosystems to human well-being. It is India’s eighth-smallest national park and one of the very few national parks located inside a city. It is located in the […]