SEBI Bans Derivative Trade In Agriculture Commodities: The Securities and Exchange Board of India (SEBI) has banned the derivative trade of seven agricultural commodities on the future’s platform of National Commodities and Derivatives Exchange (NCDEX) for a year. The regulator has banned derivative contracts trade in chana, wheat, paddy (non-basmati), soyabean and its derivatives, mustard […]
Tag: 22nd Dec 2021
Organisation Of Islamic Cooperation (OIC)
Organisation Of Islamic Cooperation (OIC): A meeting of foreign ministers from the Organisation of Islamic Cooperation (OIC) agreed to establish a humanitarian trust fund to address the growing economic crisis in Afghanistan which has left millions facing hunger over the winter. The meeting is the biggest major conference on Afghanistan since the fall of the […]
The Narcotic Drugs And Psychotropic Substances (Amendment) Bill, 2021
The Narcotic Drugs And Psychotropic Substances (Amendment) Bill, 2021: The Narcotic Drugs and Psychotropic Substances (Amendment) Bill, 2021 was recently passed in Parliament. It seeks to replace an ordinance promulgated on September 30 this year. Objective of the Bill: The bill was introduced by the government to rectify an error that made provisions in Section […]
Biological Diversity (Amendment) Bill, 2021
Biological Diversity (Amendment) Bill, 2021: Government has recently introduced the Biological Diversity (Amendment) Bill, 2021 in Lok Sabha. Highlights of the Bill: The Bill seeks to reduce the pressure on wild medicinal plants by encouraging the cultivation of medicinal plants. The Bill proposes to exempt AYUSH practitioners from intimating biodiversity boards for accessing biological resources […]
Open Acreage Licensing Policy
Open Acreage Licensing Policy: India has offered eight blocks of oil and gas in the seventh bid round of Open Acreage Licensing Policy (OALP). The objective is to bring more area under exploration, leading to increase in domestic production and reduction of imports. OALP Launched under the Hydrocarbon Exploration and Licensing Policy (HELP) in 2017. […]
Jammu And Kashmir Delimitation Commission
Jammu And Kashmir Delimitation Commission: The Jammu and Kashmir Delimitation Commission has proposed to increase six seats for the Jammu division and one for the Kashmir division, besides reserving 16 seats for the Scheduled Castes (SC) and the Scheduled Tribes in the Union Territory. The Kashmir division currently has 46 seats and Jammu 37. The […]
Fugitive Economic Offenders
Fugitive Economic Offenders: Union Finance Minister Nirmala Sitharaman informed the Lok Sabha that banks have recovered ₹13,109.17 crore by selling the assets of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi. Talking about the recovery of ₹13,109.17 crore from the sale of assets of wilful defaulters, who have now fled the country, the Finance […]
Rain Water Harvesting
Rain Water Harvesting: Minister of State for Jal Shakti informed Rajya Sabha about the Rain Water Harvesting Though Water is a State subject, Central Government has taken a number of important measures for implementation of rain water harvesting through scientific manner including watershed principles in the country. Ministry of Housing & Urban Affairs (MoHUA) has […]
Four Labour Codes of India
4 Labour Codes: India is likely to implement four labour codes (on wages, social security, occupational safety and industrial relations) by the next fiscal year beginning 2022. Under these new codes, a number of aspects related to employment and work culture, in general, might change – including the take-home salary of employees, working hours, and […]
