In News The Department of Financial Services (DFS) has recently modified the Emergency Credit Line Guarantee Scheme (ECLGS) for the aviation sector, raising the scheme’s cheaper loan limit to 1,500 crore from 400 crore to help the sector tide over cash-flow problems. The move is aimed at giving the necessary collateral-free liquidity at reasonable interest […]
In News Nobel Peace Laureate and child rights activist Kailash Satyarthi recently launched a nationwide campaign called ‘Child Marriage Free India’ to end the social evil of child marriage. About The campaign launched by the Nobel Peace Laureate aims to reduce the number of child marriages by 10 percent from 23.3 percent. The campaign is […]
Context India participated in the 6th East Asia Summit Education Minister’s Meeting held in Hanoi, Vietnam. About East Asia Summit: The concept of East Asia Grouping was first promoted in 1991 by the then Malaysian Prime Minister, Mahathir bin Mohamad. Established in 2005, it is the Indo-Pacific’s premier forum for strategic dialogue, promoting peace, stability […]
Context In recent years, Under President Xi Jinping, there is a shift in the way Chinese diplomacy is conducted. During the Covid-19 pandemic, this behaviour came to be known as “wolf warrior diplomacy.” What does ‘Wolf Warrior’ Diplomacy mean? About: Wolf warrior diplomacy describes an aggressive style of coercive diplomacy adopted by Chinese diplomats in […]
In News The Prime Minister recently dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation. About Digital Banking Units (DBU) Background: It was part of the Union budget speech for 2022-23 where the Finance Minister announced setting up the 75 DBUs in 75 districts to commemorate our country’s 75 years of independence. […]
In News Recently, the Department of Telecom has released the draft Indian Telecommunication Bill, 2022 for public comment. About Aim of the Bill: Reforming existing telecom laws and regulations, and making them future ready. Background: Since the 19th century, the central construct of these laws has been two-fold: Delivery of telecom service (a dynamic concept […]
In Context Recently, Prasthan, an Offshore Security Exercise was conducted under the aegis of Headquarters, Eastern Naval Command. About Exercise conducted every six months. It aims to integrate the efforts of all maritime stakeholders involved in offshore defence. Source:LM
In News As Part of India’s G20 Presidency, the Government is planning to host five key meetings focusing on the “culture track” at Khajuraho, Bhubaneswar, Hampi and Agra. About The cities have been chosen mainly for well-known monuments and UNESCO World Heritage Sites such as Taj Mahal and Agra Fort (UP), the Hindu and Jain […]
In News The U.S.-India Trade Policy Forum (TPF) has been scheduled for November 8 in Washington DC. About U.S.-India Trade Policy Forum The forum is an inter-agency collaboration led by the US Trade Representative (USTR). It is the principal trade dialogue between the two countries. It has five focus groups: Agriculture, Investment, Innovation and Creativity […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1 Digital banking is furthering financial inclusion, banks now at doors of poor: PM (Economy) What are Digital Banking Units? What are the transactions you can do at a DBU? GS 1 1 Hampi, Khajuraho on list for G20 culture track (Art […]
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