The Insolvency And Bankruptcy Code (Amendment) Bill, 2021: The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, passed by Lok Sabha has proposed ‘pre-packs’ or Pre-packaged Insolvency Resolution Process (PIRP) as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). A pre-pack envisages the resolution of the debt of a distressed company through a […]
Tag: 30th Jul 2021
Swachh Bharat Mission (Grameen) Phase – 2
Swachh Bharat Mission (Grameen) Phase – 2: Jal Shakti Minister Gajendra Singh Shekhawat released the ODF Plus Manuals under Swachh Bharat Mission (Grameen) Phase – 2 in New Delhi. The manuals pertain to key components of ODF Plus – Grey Water Management, Plastic Waste Management, Faecal Sludge Management and Biodegradable Waste Management. The Department of […]
SLDE And GHG Calculator
SLDE And GHG Calculator: The government has launched the Secured Logistics Document Exchange (SLDE) along with a Calculator for GreenHouse Gas (GHG) Emissions to boost Ease-Of-Doing Business in the country. In World Bank’s Ease-Of-Doing Business Report, 2020 India was ranked 63 out of 190 countries. Secured Logistics Document Exchange: The SLDE platform is a solution […]
Juvenile Justice Amendment Bill, 2021
Juvenile Justice Amendment Bill, 2021: The Juvenile Justice (Care and Protection of Children) Amendment Bill, 2021, was passed in the Rajya Sabha. The bill seeks to amend the Juvenile Justice Act, 2015. The National Commission for Protection of Child Rights (NCPCR) audit of Child Care Institutions (CCIs) in 2020, 90% of which are run by […]
Deposit Insurance And Credit Guarantee Corporation (DICGC) Bill, 2021.
Deposit Insurance And Credit Guarantee Corporation (DICGC) Bill, 2021.: The Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. The failure of banks such as Punjab and Maharashtra Co-operative (PMC) Bank, Yes Bank and Lakshmi Vilas Bank reignited the debate on the low level of insurance against the deposits held […]
Earth Overshoot Day, 2021
Earth Overshoot Day, 2021: According to the World Wide Fund for Nature (WWF), humanity has again used up all biological resources that our planet regenerates during the entire year by 29th July, 2021. Humanity currently uses 74% more than what the planet’s ecosystems can regenerate — or 1.7 Earths. From Earth Overshoot Day until the […]
Supreme Court on Vandalism in Parliament
Vandalism: The Supreme Court held that lawmakers cannot indulge in criminal acts on the Parliament or Assembly floors and then take cover behind the right to free speech. The court refused the Kerala government’s plea to withdraw prosecution of top Left Democratic Front (LDF)leaders accused of vandalism and wanton destruction of public property on the […]
Raja Mircha – Nagaland
Raja Mircha: In a major boost to exports of Geographical Indications (GI) products from the north-eastern region, a consignment of ‘Raja Mircha’ also referred as king chilli from Nagaland was exported to London via Guwahati by air for the first time. The consignment of King Chilli also considered as world’s hottest based on the The […]
Basavaraj Bommai : 23rd Chief Minister Of Karnataka.
Basavaraj Bommai :23rd Chief Minister (CM) Of Karnataka.: Basavaraj Bommai has been appointed as the 23rd Chief Minister (CM) of Karnataka. Basavaraj Somappa Bommai (born 1960) is an Indian politician and mechanical. He is a member of the Bharatiya Janata Party. He belongs to Banajiga sub-sect of Lingayat community. Bommai is the son of the […]
Dalit Bandhu Programme : Telangana
Dalit Bandhu: Flagship Programme Of The Telangana Government: Dalit Bandhu is the latest flagship programme of the Telangana government envisioned as a welfare scheme for empowering Dalit families. Dalit Bandhu enables entrepreneurship among Dalits through a direct benefit transfer of Rs 10 lakh per family. This is going to be the biggest cash transfer scheme […]