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 Portal In August 2021, the Ministry of Labour and Employment unveiled the e-shram portal which aims to register 38 crore unorganised workers, such as construction labourers, migrant workforce, street vendors and domestic workers, among others. The workers will …
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 Innovations for Defence Excellence (iDEX) framework was launched by the Government with the aim to foster innovation and technology development in Defence and Aerospace Sector by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes and academia and promote …
Why in News: The total offset commitment by foreign defence companies to be fulfilled in India for various defence deals during the last 15 years, was $6.83 billion till August 01, 2022 of which they fulfilled offset claims worth 82.13% …
Why in News: Recently, the Financial Stability Board (FSB), a body which advises major economies on international finance, promised to push for stablecoin regulation, citing “recent turmoil” in the cryptocurrency market. In May 2022, Tether lost $10 billion in market …
About OIC The Organisation of Islamic Cooperation (OIC) is the second largest inter-governmental organization after the United Nations with a membership of 57 states. The majority of its member states are Muslim-majority countries, while others have significant Muslim populations, including …
About APEDA The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act,1985. The Authority replaced the Processed Food Export Promotion Council (PFEPC). …
About IAEA The International Atomic Energy Agency is the world’s central intergovernmental forum for scientific and technical co-operation in the nuclear field. It works for the safe, secure and peaceful uses of nuclear science and technology, contributing to international peace …