What’s in the news? The Union Cabinet approved a proposal to rename the 26-year old national mid-day meal scheme as the PM POSHAN (Poshan Shakti Nirman) scheme. From the next financial year, the scheme will also cover the 24 lakh …
What is Prompt Corrective Action (PCA)? The PCA framework specifies the trigger points or the level in which the RBI will intervene with corrective action if a commercial bank’s financial condition worsens below a mark. Prompt Corrective Action or PCA …
CONTEXT The Union Minister of Power, New and Renewable Energy recently reviewed the progress of the PM-KUSUM scheme and reaffirmed the government’s commitment to accelerating solar pump adoption. BACKGROUND Launched in 2019, Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme …
NEWS India must create a social safety net to manage the fallout of cyclonic storms. CONTEXT As the annual monsoon retreats, thousands are left assessing the impact of cyclone Gulab, a rare event for September, on coastal Andhra Pradesh, Odisha …
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 IREDA Indian Renewable Energy Development Agency Limited (IREDA) is a Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA was established as a Non-Banking Financial Institution in 1987. It engages in …
What’s the news? Recently, Scientists have developed a three-dimensional (3D) printed vaccine patch that provides greater protection than a typical immunisation shot. News in Detail The team at Stanford University and the University of North Carolina at Chapel Hill (UNC) …
CONTEXT Recently a bill to amend the Rajasthan Compulsory Registration of Marriages Act, 2009 had passed in the State Assembly. The Bill has sought to amend Sections 5 and 8 of the Rajasthan Compulsory Registration of Marriages Act, 2009, dealing …
NEWS For a lasting solution to the India-Nepal floods, an intergovernmental panel must be formed with local representation. CONTEXT Over the years, many of Bihar’s districts have been facing serious challenges with recurrent and massive flooding. This year too, it …
About the scheme POSHAN Abhiyaan (also known as National Nutrition Mission) is a flagship programme of the Ministry of Women and Child Development that aims to improve nutrition amongst children, pregnant women, and lactating mothers. Launched in 2018, it is …