Regulation Of Microfinance: RBI: Reserve Bank of India has released a Consultative Document on Regulation of Microfinance. It has been released for harmonising the regulatory frameworks for various regulated lenders in the microfinance space. The key proposals of the Consultative Document are enumerated below: A common definition of microfinance loans for all regulated entities. Capping […]
Tag: 25th Jun 2021
Inland Vessels Bill, 2021
Inland Vessels Bill, 2021: The Union Cabinet gave the nod to the Inland Vessels Bill, 2021. It will replace the Inland Vessels Act, 1917. The Bill will regulate safety, security and registration of inland vessels. A key feature of the Bill is a unified law for the entire country, instead of separate rules framed by […]
National Portal For Transgender Persons
National Portal For Transgender Persons: Just over six months after it was launched, the Centre’s national portal for issuing certificates of identity to transgender persons has issued 1,557 certificates as of June 16, 2021, according to Social Justice and Empowerment Ministry data. In November 2020, Union Minister for Social Justice & Empowerment launched a ‘National […]
Annual Review Of State Laws 2020
Annual Review Of State Laws 2020: The study report, “Annual Review of State Laws 2020,” which covered 19 States was released by the PRS Legislative Research (“PRS”), a New Delhi-based think tank. The Karnataka legislature, which is bicameral, met on 31 days last year, the highest for any State in 2020. It was followed by […]
Renewable Power Generation Costs In 2020 Report
Renewable Power Generation Costs In 2020 Report.: The International Renewable Energy Agency (IRENA) released the ‘Renewable Power Generation Costs in 2020’ report. 810 gigawatts (GW) capacity of the world’s existing coal-fired plants i.e. 38% of the total global energy capacity now have higher operating costs than new utility-scale photovoltaics and onshore wind energy. The cost […]
Futuristic Infantry Combat Vehicles (FICVs)
Futuristic Infantry Combat Vehicles (FICVs): The Indian Army has issued a tender, or a Request For Information (RFI), for the procurement of 1,750 Futuristic Infantry Combat Vehicles (FICVs) to replace the Russian-origin infantry vehicles in service. This is the Army’s third attempt for the procurement of a new infantry vehicle. According to the RFI, the […]
Chandrayaan-2: New Developments
Chandrayaan-2: New developments: Chandrayaan-2, hovering over the Moon, has found new developments on the hot outermost layer of the bright star known as Corona. These include: Abundances of magnesium, aluminium and silicon in the solar corona. Around 100 microflares were observed, providing new insights about coronal mass heating. Reasons behind coronal heating problem: The corona […]
Shanghai Cooperation Organisation (SCO)
Shanghai Cooperation Organisation (SCO): National Security Advisor Ajit Doval has proposed an action plan against Pakistan-based terror groups Lashkar-e-Taiba (LeT) and Jaish-e-Mohammad (JeM) as part of the Shanghai Cooperation Organisation (SCO) NSAs meet. LeT and JeM have been responsible for many terror attacks in India, especially in the Union Territory of Jammu and Kashmir. JeM, […]
Task Force For Mission Karmayogi
Task Force For Mission Karmayogi: Former Infosys CEO S D Shibu Lal has been appointed chairperson of a three-member task force formed to help the government in bringing major bureaucratic reforms through its ambitious “Mission Karmayogi“. The task force has been constituted to draw a clear road map for the guidance and operationalisation of the […]
Toycathon 2021
Toycathon 2021: The Prime Minister of India urged people to be “vocal for local toys”, while interacting with the participants at the Toycathon 2021. It was a joint initiative by the Ministry of Education, WCD (Women and Child Development) Ministry, Ministry of Micro, Small and Medium Enterprises, Textile Ministry, Ministry of Information and Broadcasting and […]
