Background Last year, the Union Cabinet approved Rs 30,600 crore government guarantee for the National Asset Reconstruction Company (NARCL), thereby paving the way for operationalisation of bad bank. It will acquire non-performing assets (NPAs) worth about Rs 2 lakh crore …
What’s in the news? The Office of the Development Commissioner in the Union Ministry of MSME has released data regarding the number of SC-owned enterprises covered under the Udyam system of registration. The Udyam system of registration, which came into …
What’s in the news? The Supreme Court has revoked the one-year suspension of 12 Maharashtra legislators, calling it an “irrational” act that would impact the democratic set-up, leave constituencies unrepresented and help “thin majority” governments manipulate numbers. Background Twelve legislators …
About World Food Programme The World Food Programme (WFP) is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. Assisting almost 100 million people in around 83 countries each year, …
What is it? The Beating the Retreat’ is a centuries-old military tradition dating from the days when troops disengaged from battle at sunset. As soon as the buglers sounded the retreat, the troops ceased fighting, sheathed their arms and withdrew …
Anganwadi is a centrally funded initiative established by states and union territories in India that functions as a rural child and maternal care centre. The Government of India initiated it. In 1975, the Integrated Child Development Services programme was established …