Background: While presenting the interim Union budget, Finance Minister Nirmala Sitharaman stated that India will be negotiating Bilateral Investment Treaties (BITs) with its trade partners to boost the inflow of foreign direct investment. This announcement comes at a time when …
Context: The Lok Sabha passed the Water(Prevention and Control of Pollution) Amendment Act, 2024 in February 2024. The legislation makes important changes to the Water (Prevention and Control of Pollution) Act, 1974. Water (Prevention and Control of Pollution) Act, 1974 …
What’s in the news? NITI Aayog has launched the Greening and Restoration of Wasteland with Agroforestry (GROW) report and portal. This multi-institutional effort led by NITI Aayog utilized remote sensing and GIS to assess agroforestry suitability across all districts in …
About GSI The Geological Survey of India (GSI) was set up in 1851 as a Government of India organization under the Ministry of Mines primarily to find coal deposits for the Railways. Over the years, GSI has grown into a …
About GeM Launched in 2016, the Government e-Marketplace (GeM) is a 100 percent government-owned company setup under the aegis of the Ministry of Commerce and Industry. It is a completely paperless, cashless and system driven e-market place that enables procurement …
About the Initiative Mission LiFE is a global initiative by India to help the world in its fight against climate change and lead to a sustainable way of life to achieve the sustainable development goals set by the U.N. Mission …
About UPI Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. This system enables lightning-fast …
What’s in the news? Principal Scientific Advisor to the Government of India launched “Science for Women-A Technology & Innovation (SWATI)” Portal, aimed at creating a single online portal representing Indian Women and Girls in STEMM (Science, Technology, Engineering, Mathematics & …
NBFCs An NBFC is a company registered under the Companies Act, 1956 which provides banking services without meeting the legal definition of a bank. They engage in the business of loans and advances, acquisition of shares, bonds, etc. issued by …