The government has approved the Agriculture Infrastructure Fund, a pan-India central sector scheme to inject institutional financing into farm and farm-processing-related enterprises. It’s part of a larger stimulus plan of over Rs. 20 lakh crore issued in response to the …
Why in News: Nipah virus antibodies (IgG antibodies) were detected in bat samples collected by the National Institute of Virology (NIV), from Kerala. Antibody, also called immunoglobulin, a protective protein produced by the immune system in response to the presence …
NEWS The problem of pendency of cases in courts across the country can be tackled with a few measures. CONTEXT Recently speaking at an event organised by the Karnataka Bar Council, the Chief Justice of India made a plea to …
About Wildlife Protection Act (WPA), 1972 The Wildlife Protection Act (WPA), 1972 was enacted for protection of plants and animal species. The Wildlife Protection Act, 1972 divides species into ‘schedules’ ranked from I to VI. Out of the six schedules, …
What is Prompt Corrective Action (PCA)? The PCA framework specifies the trigger points or the level in which the RBI will intervene with corrective action if a commercial bank’s financial condition worsens below a mark. Prompt Corrective Action or PCA …
CONTEXT The Union Minister of Power, New and Renewable Energy recently reviewed the progress of the PM-KUSUM scheme and reaffirmed the government’s commitment to accelerating solar pump adoption. BACKGROUND Launched in 2019, Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme …
NEWS India must create a social safety net to manage the fallout of cyclonic storms. CONTEXT As the annual monsoon retreats, thousands are left assessing the impact of cyclone Gulab, a rare event for September, on coastal Andhra Pradesh, Odisha …
About IBBI The Insolvency and Bankruptcy Board of India (IBBI) was established in 2016 under the Insolvency and Bankruptcy Code (IBC), 2016. The Code aims for reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time …
About IREDA Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA was established as a Non-Banking Financial Institution in 1987. It engages in …