External Affairs Minister Jaishankar to attend UNSC meetings Subject: International relations External Affairs Minister S. Jaishankar will visit New York to participate in two high-level Ministerial meetings at the UN Security Council that will take up reform in the UN Security Council and the global counter-terror campaign on December 14 and 15. About […]
India-China clash: What has happened in Tawang, Arunachal Pradesh Subject: Mapping The Defence Minister told Lok Sabha that on December 9, PLA troops carried out an incursion (“atikraman”) across the LAC in Yangtse area of Tawang sector in Arunachal Pradesh, and attempted to unilaterally change the status quo. About Tawang Tawang is a […]
36428 villages to be developed as ‘model tribal villages’ Subject :Government Schemes The Union Ministry of Tribal Affairs is now working to develop 36,428 villages with at least 50% tribal population and 500 STs across the country into ‘model tribal’ villages, Minister of State (MoS) for Tribal Affairs Renuka Singh told Lok Sabha […]
Scheme for Providing Education to Madrasas/ Minorities (SPEMM) Subject :Government schemes The Parliamentary Standing Committee on Social Justice and Empowerment recently pulled up the Union government for the delay in approving the continuation of the Scheme for Providing Education to Madrasas/Minorities (SPEMM), which provides for financial assistance to madrasas and minority institutes.. About […]
Conservationists seek ban on three vulture-toxic veterinary drugs Subject :Environment Sixteen years after India banned veterinary use of diclofenac, found to be toxic for vultures, scientists and conservationists are calling for a ban on veterinary painkiller aceclofenac. Recently, it was found that aceclofenac was rapidly converted to diclofenac in the cattles. Diclofenac was […]
Emergency Credit Line Guarantee Scheme Subject :Economy Context: Emergency Credit Line Guarantee Scheme (ECLGS), has benefitted around 1.19 crore businesses. Concept: Emergency Credit Line Guarantee Scheme (ECLGS) It was announced as part of the AtmaNirbhar Bharat Package in 2020. It aims to help businesses including MSMEs to meet their operational liabilities and resume […]
Government Securities Subject :Economy Context: Insurance companies’ holding of G-Secs rose at a faster clip than the growth for commercial banks. Details: To meet the robust demand for credit, public sector banks are selling excess statutory liquidity ratio (SLR) securities, including G-Secs, in their investment portfolio whenever the yield comes down. Excess holdings […]
Forex Subject :Economy Context: Country’s forex reserves are piling up due inflows through both FDI and FPI route. Details: Due to the aggressive monetary policy tightening in the US– the US dollar strengthened and the INR depreciated leading to a sharp fall in India’s forex . India’s foreign exchange reserves rose $11.02 billion […]
Online gaming tax Subject :Economy Context: Enforcement Directorate (ED) has attached proceeds of crime of more than ₹1,000 crore in several cases related to cyber and crypto assets frauds wherein online gaming etc have been used for siphoning the proceeds. Details: Proceeds of crime have been attached/seized/freezed under the Prevention of Money Laundering […]
Old Pension Scheme vs National Pension Scheme Subject :Economy Context: There is no provision under Pension Fund Regulatory and Development Authority Act, 2013 and other relevant Regulations to return deposits under the National Pension System (NPS) back to the respective State governments. Old Pension Scheme vs National Pension Scheme: OPS – discontinued on […]