What’s in the news? The Reserve Bank of India launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed ‘UPI123Pay’. UPI, which was introduced in 2016, has become one of the most used digital payments platforms …
What’s in the news? The Government of India, the Government of West Bengal, and the World Bank signed a $125 million loan to support efforts to help poor and vulnerable groups access social protection services in the state of West …
What’s in the news? Union Minister for MSME Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME Idea Hackathon 2022. MSME Innovation Scheme will promote and support untapped creativity of the MSME sector. …
Background According to a 2018 study by the International Labour Organization (ILO), more than 95% of India’s working women are informal workers who work in labour-intensive, low-paying, highly precarious jobs/conditions, and with no social protection. The World Health Organization bulletin …
Background The participation of women in the workforce in India has remained low. In 2019, 21% of women were either working or looking for work, compared to 32% in 2005. India’s female labour force participation (FLFP) rate is the lowest …
What’s in the news? The Union Cabinet, chaired by Prime Minister Shri Narendra Modi has approved the setting up National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs …
Background India has been on a rising trajectory on the Global Innovation Index for the past few years moving from 81st place in 2015 to 46th in 2021. India spends around 0.7% of GDP on R&D. The government plans to …
About the Scheme The Swatantrata Sainik Samman Pension Scheme was launched in 1972 during the silver jubilee year of independence. It grants pension to freedom fighters and their eligible dependents if the freedom fighter had already expired. The monthly pension …
About the scheme The Production Linked Incentive (PLI) aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies …
About SBM Swachh Bharat Mission (SBM), launched on 2nd October 2014, is a massive mass movement that seeks to create a Clean India by October 2, 2019 (150th birth anniversary of Mahatma Gandhi). It has 2 components – urban and …