Current affairs play a vital role in UPSC civil service exam preparation. The daily current affairs from the daily news’ are one of this important area. This section gives you a very brief summary of the important topics to be covered. You may use this section for revising your preparation. Nevertheless, we recommend you visit our daily current affairs section that gives a comprehensive analysis of the topics needed to be studied for the UPSC civil service exam.
Nanosheets were studied in a recent experiment by IIT Madras Researchers.
Nanosheets and their applications:
- Nanosheet (NS) is a layered material with a diverse and highly untapped source of two-dimensional systems with nanosize flake-shaped and has been studied extensively due to unusual physical phenomena of charge transport confinement to a plane.
- Nanosheets help in the detection of uric acid in urine and alcohol in the breath.
2. PSLV C51/Amazonia Mission
Hon’ble Prime Minister, Shri Narendra Modi has congratulated NSIL and ISRO on the success of the 1st dedicated commercial launch of PSLV-C51/Amazonia-1 Mission.
- India’s Polar Satellite Launch Vehicle PSLV-C51 successfully launched Amazonia-1 along with 18 co-passenger satellites.
- Amazonia-1 is the optical earth observation satellite of the National Institute for Space Research (INPE).
1. Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 notified
Amidst growing concerns around lack of transparency, accountability, and rights of users related to digital media and after elaborate consultation with the public and stakeholders, the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 has been framed in exercise of powers under section 87 (2) of the Information Technology Act, 2000 and in supersession of the earlier Information Technology (Intermediary Guidelines) Rules 2011.
Guidelines Related to Social Media to Be Administered by Ministry of Electronics and IT:
- Due Diligence To Be Followed By Intermediaries
- Grievance Redressal Mechanism
- Ensuring Online Safety and Dignity of Users, Especially Women Users
Additional Due Diligence to Be Followed by Significant Social Media Intermediary:
- Appoint a Chief Compliance Officer who shall be responsible for ensuring compliance with the Act and Rules. Such a person should be a resident in India.
- Appoint a Nodal Contact Person for 24×7 coordination with law enforcement agencies. Such a person shall be a resident in India.
2. Guru Ravidas Birthday
Hon’ble President of India, Shri Ram Nath Kovind has greeted fellow-citizens on the eve of the birthday of Guru Ravidas.
- Guru Ravidas was a great saint and a religious reformer, who devoted his life to serving humanity.
- Through his teachings, he delivered the message of equality, justice, peace, and harmony to mankind.
- He worked for promoting the principles of social harmony and brotherhood throughout his life.
1.Hon’ble PM chairs PRAGATI meeting
Hon’ble Prime Minister Shri Narendra Modi chaired the 36th PRAGATI meeting on 24.2.2021. The Prime Minister expressed his concerns in delays being observed in the execution of some of the projects, and directed the officials concerned that all pending issues should be resolved in a time-bound manner, and wherever possible, in Mission Mode.
- PRAGATI refers to Pro-Active Governance And Timely Implementation.
- PRAGATI is a unique integrating and interactive platform.
1. India and Mauritius sign CECPA
The Government of India and the Govt. of Mauritius signed the India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) in Port Louis on 23.2.2021, in the august presence of Prime Minister of Mauritius Mr. Pravind Jugnauth, and External Affairs Minister, Govt of India, Mr. S. Jaishankar.
- CECPA refers to Comprehensive Economic Cooperation and Partnership Agreement
- CECPA is the first trade agreement signed by India with a country in Africa.
2. National Urban Digital Mission
The National Urban Digital Mission (NUDM) has been launched by the Ministry of Housing and Urban Affairs along with the Ministry of Electronics and Information Technology on 23.2.2021.
- The National Urban Digital Mission (NUDM) will create a shared digital infrastructure for urban India, working across the three pillars of people, process, and platform to provide holistic support to cities and towns.
- It will institutionalize a citizen-centric and ecosystem-driven approach to urban governance and service delivery in cities by 2022, and across all cities and towns in India by 2024.
3. Indian Urban Data Exchange and other digital initiatives launched.
Several digital initiatives of the Ministry of Housing and Urban Affairs vis. India Urban Data Exchange (IUDX), SmartCode, Smart Cities 2.0 website, and Geospatial Management Information System (GMIS) were launched. These initiatives are among the ongoing efforts of both Ministries to realize the Hon’ble Prime Minister’s vision of Digital India and AtmaNirbhar Bharat, by making cities more self-reliant and enabled to meet the needs of and provide services to their citizens.
India Urban Data Exchange (IUDX)
- The India Urban Data Exchange has been developed in partnership between the Smart Cities Mission and the Indian Institute of Science (IISc), Bengaluru.
- IUDX serves as a seamless interface for data providers and data users, including ULBs, to share, request, and access datasets related to cities, urban governance, and urban service delivery.
1. SFURTI clusters inaugurated in 18 states
Union Minister for MSME & Road Transport & Highways, Shri Nitin Gadkari inaugurated 50 artisan-based SFURTI clusters, spread over 18 States. In the 50 clusters inaugurated on 22.2.2021, over 42,000 artisans have been supported in the traditional segments of muslin, khadi, coir, handicraft, handlooms, woodcraft, leather, pottery, carpet weaving, bamboo, agro-processing, tea, etc.
- The Ministry of Micro Small and Medium Enterprises(MSME) is implementing a Scheme of Fund for Regeneration of Traditional Industries (SFURTI) with a view to organizing traditional industries and artisans into clusters to make them competitive and increase their income.
- SFURTI clusters are of two types i.e.,
- Regular Cluster (500 artisans) with Government assistance of up to Rs.2.5 crore and
- Major Cluster (more than 500 artisans) with Government assistance up to Rs.5 crore.
2. Central Electricity Regulatory Commission(CERC)
Shri R. K. Singh, Minister of State for Power (I/C) administered the Oath of Office and Secrecy to Shri Pravas Kumar Singh, Member, Central Electricity Regulatory Commission (CERC).
(Note: A question related to CERC and the regulation of tariffs was asked in the 2018 prelims exam)
- The Central Electricity Regulatory Commission (CERC) had been established by the Government of India under the provisions of the Electricity Regulatory Commissions Act, 1998.
- CERC is the Central Commission for the purposes of the Electricity Act, 2003 which has repealed the ERC Act, 1998.
1. Rashtriya Sanskriti Mahotsav
The second phase of the Rashtriya Sanskriti Mahotsav will be inaugurated by the Union Minister of State for Culture & Tourism (Independent Charge) Shri Prahlad Singh Patel on 22nd February 2021 at Raj Bhawan in Darjeeling, West Bengal. The festival is being held from 22nd February to 24th February.
Mains GS1 – Art and Culture
Significance of Rashtriya Sanskriti Mahotsav:
- The Rashtriya Sanskriti Mahotsav is organized to promote the spirit of Ek Bharat Sreshtha Bharat.
- Rashtriya Sanskriti Mahotsav, the flagship festival of the Ministry of Culture organized since 2015 with the active participation of Seven Zonal Culture Centres has been playing a pivotal role to take the vibrant culture of India out to the masses instead of confining to auditoria and galleries.
2. Red-eared turtle
A young boy in Kerala found this Red-eared turtle and posted it on Facebook, and this Facebook post was noticed by Kerala Forest Research Institute’s Researcher who further cautioned that young boy to release that back into the water body.
- A red-eared slider is a freshwater turtle.
- Scientific name: Trachemys Scripta Elegans
- IUCN status: Least Concern
1. IFSCA releases circular on the framework for Aircraft Operating Lease
The Circular on “Framework for Aircraft Operating Leases” has been uploaded on the IFSCA website. This will enable the aircraft operating lease business in IFSCs in India, the projected market size of which is more than USD 50 Billion.
- The International Financial Services Centres Authority (IFSCA) has been established on April 27, 2020, under the International Financial Services Centres Authority Act, 2019.
- IFSCA is a statutory authority established by the Government of India.
2. Helina and Dhruvastra
Joint User Trials for Helina (Army Version) and Dhruvastra (Air Force Version) Missile Systems have been carried out from Advanced Light Helicopter (ALH) platform in desert ranges.
Helina and Dhruvastra:
- The Helina and Dhruvastra are the third generations, Lock on Before Launch (LOBL) fire and forget Anti-Tank Guided Missiles that can engage targets both direct hit mode as well as top attack mode.
- The missile systems have been designed and developed indigenously by Defence Research and Development Organisation (DRDO).
3. Intensified Mission Indradhanush 3.0 launched
Dr. Harsh Vardhan, Hon’ble Union Minister of Health and Family Welfare launched Intensified Mission Indradhanush 3.0 on 19.2.2021. The Union Minister also launched the IMI 3.0 portal and released the Operational Guidelines for IMI 3.0 and the awareness material/IEC package developed as part of the campaign.
- The Government of India is committed to improve immunization coverage and achieve full immunization coverage of 90 percent.
- The launch of massive routine immunization campaigns, such as Mission Indradhanush (MI) and Intensified Mission Indradhanush (IMI), in part, reflects the government’s efforts under Universal Immunization Program to reduce child mortality and morbidity.
1. Delimitation Commission
Delimitation Commission comprising of Chairperson Retd. Justice Ranjana Prakash Desai, Ex-Officio Member Shri Sushil Chandra (Election Commissioner), and Ex-Officio Member, Shri K.K Sharma (State Election Commissioner, J&K) held a meeting in New Delhi with the Associate Members from Union Territory of Jammu and Kashmir, for seeking their suggestion/views on the process of delimitation in respect of Union Territory of Jammu and Kashmir.
- Delimitation literally means the act or process of fixing limits or boundaries of territorial constituencies in a country or a province having a legislative body.
- The job of delimitation is assigned to a high power body. Such a body is known as Delimitation Commission or a Boundary Commission.
2. Nurturing Neighbourhoods Challenge
The Smart Cities Mission, Ministry of Housing and Urban Affairs, announced twenty-five(25) shortlisted cities for the ‘Nurturing Neighbourhoods Challenge’ cohort, in collaboration with the Bernard van Leer Foundation (BvLF) and technical partner WRI India.
Nurturing Neighbourhoods Challenge:
- The Nurturing Neighbourhoods Challenge is a 3-year initiative aimed at supporting early childhood-friendly neighborhoods under the government’s Smart Cities Mission of the Ministry of Housing and Urban Affairs.
- The following cities have been selected for the ‘Nurturing Neighbourhoods Challenge’ cohort: Agartala, Bengaluru, Coimbatore, Dharamshala, Erode, Hubballi-Dharwad, Hyderabad, Indore, Jabalpur, Kakinada, Kochi, Kohima, Kota, Nagpur, Rajkot, Ranchi, Rohtak, Rourkela, Salem, Surat, Thiruvananthapuram, Tiruppur, Ujjain, Vadodara, and Warangal.
1. Pey Jal Survekshan and Jal Jeevan Mission(Urban)
A Pilot Pey Jal Survekshan under Jal Jeevan Mission- Urban has been launched by Shri Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs.
Pey Jal Survekshan:
- Pey Jal Survekshan will be conducted in cities to ascertain the equitable distribution of water, reuse of wastewater, and mapping of water bodies with respect to quantity and quality of water through a challenge-based process.
- The Ministry has decided to launch a pilot on Pey Jal Survekshan in 10 cities namely Agra, Badlapur, Bhubaneswar, Churu, Kochi, Madurai, Patiala, Rohtak, Surat, and Tumkur.
2. E-Chhawani portal launched
Raksha Mantri Shri Rajnath Singh launched the E-Chhawani portal and mobile app in New Delhi on February 16, 2021.
Mains GS2 – Governance
(Note: These points may be used as examples for Good governance measures taken by the Govt. in the Mains examination)
E-Chhawani – a step towards good governance:
- The portal (https://echhawani.gov.in/) has been created to provide online civic services to over 20 lakh residents of 62 Cantonment Boards across the country.
- Through the portal, the residents of cantonment areas will be able to avail basic services like the renewal of leases, application for birth & death certificates, water & sewerage connections, trade licenses, mobile toilet locators, and payment of different types of taxes and fees, with just a click of a button.
1. Liberalization of Geo-Spatial Data
The Government has announced liberalized guidelines for geo-spatial data. Giving details of the liberalized guidelines at a media briefing in New Delhi, the Union Minister for Science & Technology, Earth Sciences, and Health & Family Welfare, Dr. Harsh Vardhan said that by liberalizing the geo-spatial guidelines, the government has taken a historic decision that will lead to a One Lakh Crore Rupees Geo-Spatial economy.
Mains GS2 – Governance
Benefits of Liberalization of Geo-Spatial data:
(Note: The following points were said by the Hon’ble Union Minister)
- The next generation of technologies will use hyper-resolution maps.
- Availability of comprehensive, highly accurate, granular, and constantly updated representation of Geospatial Data will significantly benefit diverse sectors of the economy and will significantly boost innovation in the country, and greatly enhance the preparedness of the country for emergency response.
2. National Food Security Mission – Initiatives progress
Initiatives taken by the Government of India to increase the production and improve the productivity of food crops under the National Food Security Mission were released in the official PIB press release.
- National Food Security Mission (NFSM) was launched in 2007-08 to increase the production of rice, wheat, and pulses through area expansion and productivity enhancement; restoring soil fertility and productivity; creating employment opportunities; and enhancing the farm-level economy.
- Coarse cereals were included from 2014-15 under NFSM.
1. FASTag mandatory from today
Ministry of Road Transport & Highways has decided that all lanes in the fee plazas on National Highways shall be declared as “FASTag lane of the fee plaza” w.e.f midnight of 15th/16th February 2021.
NETC and FASTag:
- National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market.
- It offers an interoperable nationwide toll payment solution including clearinghouse services for settlement and dispute management.
2. LRSAM missiles
The final production batch of Long Range Surface to Air Missiles (LRSAM), designed and developed by DRDO in collaboration with various industry partners and integrated by BDL, was flagged off on 14 Feb 2021 at DRDL, APJ Abdul Kalam Missile Complex, Hyderabad in the presence of Dr. G Satheesh Reddy, Secretary, DDR&D and Chairman DRDO and Rear Admiral V Rajasekhar, VSM Director, Defence Machine Design Establishment ( DMDE).
- LRSAM is jointly developed by DRDO and IAI Israel to equip the latest ships of the Indian Navy.
- This LRSAM Missile system can provide point and area defense against various aerial targets including fighter aircraft, subsonic & supersonic cruise missiles.
1. National Coal Index
Information about National Coal Index was given in Lok Sabha.
(Note: This index seems to be different and important. In 2019, a question related to the Coal sector and in 2020, a question related to Coal surfaced in the exam. In this context, National Coal Index seems to be important as it was given in a written reply in Lok Sabha.)
National Coal Index:
- Ministry of Coal has started Commercial Auction of coal mines on a revenue share basis.
- In order to arrive at the revenue share based on market prices of coal, one National Coal Index (NCI) was conceptualized.
2. National Bee Keeping and Honey Mission
Keeping in view the importance of beekeeping as part of the Integrated Farming System in the country, the government approved the allocation of Rs. 500 crores for National Beekeeping & Honey Mission (NBHM) for three years (2020-21 to 2022-23).
- The Government of India has approved a new Central Sector Scheme entitled “National Beekeeping & Honey Mission (NBHM)” for 2 years for overall promotion and development of scientific beekeeping in mission mode to achieve the goal of “Sweet Revolution” in the country.
- National Bee Keeping and mission was announced as part of the AtmaNirbhar Bharat scheme.
3. SAMARTH Scheme
Information about the SAMARTH scheme was given in a written reply by the Union Minister of Textiles, Smt. Smriti Zubin Irani in Rajya Sabha on 11.2.2021.
- SAMARTH scheme is related to the Ministry of Textiles.
- The ‘Scheme for Capacity Building in Textile Sector (SCBTS)’ shall be known by the name “Samarth”, signifying the broad objective of the scheme to skill the youth for gainful and sustainable employment in the textile sector.
1. Meri Saheli Initiative
‘Meri Saheli’ initiative information was given by the Minister of Railways, Commerce & Industry and Consumer Affairs, Food & Public Distribution, Shri Piyush Goyal in a written reply to a question in Lok Sabha.
(Note: The following points may also be used for women related safety and security measures taken by the Govt of India.)
- ‘Meri Saheli’ initiative was launched as Pilot Project by Railway Protection Force (RPF) across the South Eastern Railway for the security of women passengers in trains originating in that zone.
- Considering its success in instilling a sense of security among women passengers, this initiative has been rolled over to all zonal railways across the Indian Railways network from 17.10.2020.
2. Major Ports Authorities Bill passed
Parliament on 10.2.2021 passed the Major Port Authorities Bill, 2020. Shri Mansukh Mandaviya, Minister of State (I/C) for Ports, Shipping &Waterways moved the bill in Rajya Sabha and it was passed. Now the Bill will go to the President of India for his assent.
Major ports of India:
- The Major Ports are under the Union List while the Non-Major Ports are under the Concurrent List of the Constitution of India.
- Hence, Major Ports are under the administrative control of the Government of India
1. Border Area Development Program- Assessment
During the year 2020, two evaluation studies have been undertaken on Border Area Development Programme (BADP). The information of assessment of BADP was stated by the Minister of State for Home Affairs, Shri Nityanand Rai in a written reply to the question in the Lok Sabha.
- The Border Area Development Programme (BADP) has been implemented through 17 States (viz. Arunachal Pradesh, Assam, Bihar, Gujarat, Himachal Pradesh, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura, Uttar Pradesh, Uttarakhand, and West Bengal) which constitute the International Land Borders.
- It is implemented in 367 Border Blocks of 104 Border Districts in these 17 States.
2. Anemia Mukt Bharat
All the States and UTs have initiated activities regarding the implementation of Anemia Mukt Bharat namely prophylactic Iron folic acid supplementation, identification of anemic cases, referral & treatment, and others. Currently, the program is in its initial stages and working towards achieving a reduction in anemia prevalence particularly in women, children, and adolescents. The Minister of State (Health and Family Welfare), Sh. Ashwini Kumar Choubey stated this in a written reply in the Rajya Sabha.
Anemia Mukt Bharat:
- Anaemia Mukt Bharat (AMB) strategy was launched in 2018 with the objective of reducing anemia prevalence among children, adolescents, and women in the reproductive age group.
- The Anemia Mukt Bharat- intensified Iron-plus Initiative aims to strengthen the existing mechanisms and foster newer strategies for tackling anemia.
1. PM Krishi Sinchayee Yojana
Integrated Watershed Management Programme (IWMP) was amalgamated as the Watershed Development Component (WDC) of the Pradhan MantriKrishiSinchayeeYojana (PMKSY) in 2015-16. As per information received from the States, since 2014-15, 7.09 lakh water harvesting structures were created/rejuvenated and an additional area of 15.17 lakh ha was brought under protective irrigation up to Q-3 of 2020-21.
Courtesy: PIB Press Release.
- PM Krishi Sinchayee Yojana was approved in 2015 with the aim of focussing high priority on water conservation and its management.
- Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) has been formulated with the vision of extending the coverage of irrigation ‘Har Khet ko Pani’ and improving water use efficiency ‘More crop per drop’ in a focused manner with end to end solution on source creation, distribution, management, field application, and extension activities.
2. SVAMITVA scheme
A provision of Rs.200 crores has been made for a new scheme-SVAMITVA to provide the ‘record of rights’ to village household owners possessing houses in inhabited rural areas in villages and issuance of property cards to the property owners through a survey of village areas with help of drone technology by Survey of India.
SVAMITVA:(Survey of Villages Abadi and Mapping with Improvised Technology In Village Areas)
- SVAMITVA Scheme is a Central Sector scheme launched by Hon’ble Prime Minister of India on National Panchayat Day i.e 24th April 2020.
- The Ministry of Panchayati Raj (MoPR) is the Nodal Ministry for implementation of the scheme.
3. Compressed Biogas Plants and SATAT
Union Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan in a written reply in the Lok Sabha mentioned SATAT and Compressed Bio-Gas Plants.
- The government of India has launched the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative on 1.10.2018 to promote Compressed Bio-Gas (CBG) as an alternative, green transport fuel for efficient management of biomass and organic waste including municipal waste as well as from forest and agricultural waste including animal-husbandry and marine waste.
- This initiative envisages the establishment of a large number of CBG plants by private entrepreneurs.
1. Nanda Devi Glacier Burst
A major natural disaster happened in the part of Nanda Devi Glacier leading to the rise of floods in the Dhauliganga and Alaknanda rivers. The glacial burst in Uttarakhand led to the rising of water levels in the river Rishiganga, which washed away the Rishiganga small hydro project of 13.2 MW. The floods have also damaged part of NTPC’s under construction hydropower project Tapovan Vishnugad 520 MW in the region.
(Note: This is very serious news. So all topics related to rivers, National parks of Uttarkhand might be important from exam point of view)
Nanda Devi National Park & Biosphere Reserve:
- The Nanda Devi National Park is a national park situated around the peak of Nanda Devi, 7,816 m (25,643 ft) in the state of Uttarakhand in northern India that was established in 1982.
- Along with the adjoining Valley of Flowers National Park to the northwest, it was inscribed as a World Heritage Site by UNESCO in 1988.
2. TRIFED and Aadi Mahotsav
The Aadi Mahotsav- A Celebration of the Spirit of Tribal Crafts, Culture, and Commerce is ongoing at Dilli Haat, INA, New Delhi till 15th February 2020 from 11 am to 9 pm.
- The Aadi Mahotsav is an annual event that was started in 2017.
- The festival is an attempt to familiarise people with the rich and diverse craft, the culture of tribal communities across the country, in one place.
1. Mahila e-Haat
The State wise list of women entrepreneurs registered at “Mahila E-haat” was given in a written reply by the Hon’ble Union Minister of Women and Child Development in Lok Sabha on 5th February 2021.
- “Mahila E-haat”, is an online marketing platform for women entrepreneurs.
- It is an initiative for women across the country as a part of ‘Digital India’ and ‘Stand Up India’ initiatives.
- The platform has been set up by the Ministry of Women and Child Development, Government of India under Rashtriya Mahila Kosh (RMK).
2. One-Stop Centres
733 One Stop Centres (OSCs) have been approved for 730 districts, out of which. 700 have become operational in 35 States/ UTs.This information was given by the Minister of Women and Child Development in a written reply in the Lok Sabha on 5th February 2021.
- Ministry of Women and Child Development (MWCD), has formulated a Centrally Sponsored Scheme for setting up One Stop Centres across the country also known as Sakhi.
- One-Stop Centres (OSC) are intended to support women affected by violence, in private and public spaces, within the family, community, and at the workplace.
1. International Criminal Court
The International Criminal Court has convicted an Uganda based commander for war crimes and crimes against humanity.
- International Criminal Court’s founding treaty is called the Rome Statute.
- The Rome Statute took effect in 2002, upon ratification by 60 States.
- Currently, there are 123 state parties to ICC.
NATO’s Secretary-General has urged the Taliban to end violence.
- The North Atlantic Treaty Organization (NATO) is an alliance of 30 countries from North America and Europe committed to fulfilling the goals of the North Atlantic Treaty signed on 4 April 1949.
- In accordance with the Treaty, the fundamental role of NATO is to safeguard the freedom and security of its member countries by political and military means.
3. Pradhan Mantri Matru Vandana Yojana crosses 1.75 crore beneficiaries.
PMMVY scheme number of beneficiaries has crossed 1.75 crores and a sum of ₹5,931.95 crores was paid to these 1.75 crore eligible women beneficiaries.
- Pradhan Mantri Matru Vandana Yojana (PMMVY) is a Maternity Benefit Programme that is implemented in all the districts of the country in accordance with the provision of the National Food Security Act, 2013.
- PMMVY is a Maternal Welfare Scheme.
1. Atal Beemit Vyakti Kalyan Yojana
The claim process under the Atal Beemit Vyakti Kalyan Yojana scheme has been liberated. ESIC has now decided that in cases where the employer has shown “Zero” contribution in respect of an employee for some months before exiting him from the system, the relief under ABVKY for such period of “Zero” contribution, shall also be allowed.
Click here to view the PIB release.
Atal Beemit Vyakti Kalyan Yojana:
- Atal Beemit Vyakti Kalyan Yojana (ABVKY) scheme is a welfare measure for employees covered under Section 2(9) of ESI Act, 1948, in the form of relief payment up to 90 days, once in a lifetime.
- The Scheme was introduced w.e.f. 01-07-2018 on a pilot basis for a period of two years initially.
2. Nirbhaya Fund Framework
Under Nirbhaya Fund, schemes/ projects worth Rs. 9288.45 Cr. have been appraised to date. This information was given by the Union Minister of Women and Child Development in Rajya Sabha.
Click here to view the PIB release.
- The Nirbhaya Fund Framework provides for a non-lapsable corpus fund for the safety and security of women.
- Nirbhaya Fund is administered by the Department of Economic Affairs (DEA) of the Ministry of Finance (MoF) of the Government of India.
1. Prompt Corrective Action (PCA)
The Finance Ministry is expecting the Indian Overseas Bank, Central Bank of India, and UCO Bank to be out of the PCA framework soon in two months’ time.
- PCA refers to Prompt Corrective Action.
- The Reserve Bank of India has specified certain regulatory trigger points, as a part of the Prompt Corrective Action (PCA) framework, in terms of three parameters,
- Capital to Risk-weighted Assets Ratio (CRAR),
- net Non-Performing Assets (NPA) and
- Return on Assets (RoA) for initiation of certain structured and discretionary actions in respect of banks hitting such trigger points.
2. Namami Gange Program
National Mission for Clean Ganga (NMCG), Ministry of Jal Shakti, and India Water Foundation (IWF) celebrated World Wetland Day 2021, to raise awareness about the conservation and rejuvenation of Wetlands. Shri Gajendra Singh Shekhawat, Hon’ble Union Minister of Jal Shakti said, “Namami Gange is the first of its kind program where Wetland Conservation is integrated with Basin Management Plan.”
Namami Gange Program:
- Namami Gange Programme’, is an Integrated Conservation Mission, approved as ‘Flagship Programme’ by the Union Government in June 2014 with a budget outlay of Rs.20,000 Crore to accomplish the twin objectives of effective abatement of pollution, conservation, and rejuvenation of National River Ganga.