About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …
Context Reserve Bank of India (RBI) has announced the launch of India’s much-awaited Central Bank Digital Currency (CBDC) for retail users. Issues with Cryptocurrencies A cryptocurrency like bitcoin is a cryptography-based peer-to-peer electronic cash system, founded on blockchain and distributed …
About Atal Innovation Mission The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country. AIM’s objective is to develop new programmes and …
About NSWS The National Single Window System (NSWS) was launched in 2021 by the Government of India. NSWS was created by the Department for Promotion of Industry and Internal Trade (DPIIT) to provide a single platform to enable the identification …
What’s in the news? India has witnessed a significant decline in the Maternal Mortality Ratio, MMR from 130 in 2014-16 to 97 per lakh live births in 2018-20. As per the Special Bulletin released by the Registrar General of India, …
About Payments banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …
About UIDAI The Unique Identification Authority of India (UIDAI) is a statutory authority established under the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (“Aadhaar Act 2016”) in 2016 by the Government …
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 New START Treaty The New START Treaty, which came into force in 2011, caps the number of strategic nuclear warheads that the United States and Russia can deploy, and the deployment of land- and submarine-based missiles and bombers to …