National Maritime Heritage Complex: Lothal: The Ministry of Culture (MoC) and Ministry of Ports, Shipping and Waterways (MoPSW) signed a Memorandum of Understanding (MoU) for ‘Cooperation in Development of National Maritime Heritage Complex (NMHC)’ at Lothal, Gujarat. NMHC will be developed in Lothal region of Gujarat. It would be developed as an international tourist destination, […]
Tag: 24th Jun 2021
Reform Linked Borrowing Window
Reform Linked Borrowing Window: Indian states were able to borrow an extra Rs. 1.06 lakh crore in 2020-21 (FY21) due to the Reform Linked Borrowing window. This was announced to provide an additional leeway to states in order to cope with the adverse effects of Covid-19 pandemic on the economy. This was a nudge, incentivising […]
Electoral Trust Scheme, 2013
Electoral Trust Scheme, 2013: For the first time, an electoral trust (under Electoral Trust Scheme, 2013) has declared donation through electoral bonds and hasn’t revealed the names of the political parties that received the money, citing anonymity guaranteed under the electoral bond scheme. According to the Association of Democratic Reforms (ADR), this “practice is against […]
60th Anniversary Of The Antarctic Treaty
60th Anniversary Of The Antarctic Treaty: The 60th anniversary of the Antarctic Treaty was celebrated. The Antarctic treaty remains the only example of a single treaty that governs a whole continent. It is also the foundation of a rules-based international order for a continent without a permanent population The Antarctic Treaty was signed between 12 […]
G20 Labour And Employment Ministers Meeting
G20 Labour And Employment Ministers Meeting: The Union Minister for Labour and Employment has said that India is making collective efforts to reduce gender gaps in labour force participation. He was delivering the Ministerial Address on Declaration and Employment Working Group Priorities at G20 Labour and Employment Ministers’ Meeting. Issues Discussed: The Employment Working Group […]
Microfinance Institutions : RBI
Microfinance Institutions : RBI: The Reserve Bank of India (RBI) proposed to lift the interest rate cap on Microfinance Institutions (MFIs), and said all micro loans should be regulated by a common set of guidelines irrespective of who gives them. RBI has suggested a common definition of microfinance loans for all regulated entities. Microfinance loans […]
Central Warehousing Corporation (CWC)
Central Warehousing Corporation (CWC): Union Cabinet approves merger of Central Railside Warehouse Company Limited (CRWC) with Central Warehousing Corporation (CWC). CWC is a Mini-Ratna Category-I CPSE. It is a statutory body which was established under ‘The Warehousing Corporations Act, 1962. It is a public warehouse operator established by the Government of India in 1957 for […]
Saint Vincent And The Grenadines
Saint Vincent And The Grenadines: The Union Cabinet has approved an Agreement between India and Saint Vincent and The Grenadines for the Exchange of Information and to provide assistance to each other in collection of tax claims. This is a new Agreement between the Republic of India and Saint Vincent and The Grenadines. There was […]
Ranked-Choice Voting For Mayoral Polls: New York City
Ranked-Choice Voting For Mayoral Polls: New York City: New York city used ranked-choice voting for Mayoral Polls. The method allows voters to rank candidates by preference rather than selecting just their top choice. New York City is having voters rank their top five — though voters are not required to choose five. Ranking candidates is […]
Information Fusion Centre For Indian Ocean Region (IFC-IOR)
Information Fusion Centre For Indian Ocean Region (IFC-IOR): The United Kingdom has appointed a liaison officer to the Indian Navy’s Information Fusion Centre for Indian Ocean Region (IFC-IOR), which is meant for maritime domain awareness. The IFC-IOR was set up in 2018 to coordinate with regional countries on maritime issues and act as a regional […]
