Tag: GS 3
Labour Codes
In News The streamlining of labour laws has been a work in progress, with the Centre notifying four broad labour codes to replace 29 sets of labour laws: The Code on Wages, 2019; The Industrial Relations Code, 2020; The Code on Social Security, 2020; and The Occupational Safety, Health and Working Conditions Code, 2020. Key […]
Sarfaesi Act
In News Recently, Banks have invoked the Sarfaesi Act against telecom infrastructure provider GTL to recover their pending dues. About Sarfaesi Act Term: It is termed as Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act. Aim: It was brought in to guard financial institutions against loan defaulters. Taking control of […]
National Fish Farmers Day 2022
In News The National Fisheries Development Board, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India celebrated the National Fish Farmers Day. About National Fish Farmers Day It is celebrated on 10th July every year to demonstrate solidarity with all fisher folk, fish farmers and concerned stakeholders throughout the Country. It is the 65th […]
Micro Finance Institutions
In News Microfinance companies are expecting greater growth in rural markets than urban, following new guidelines issued by the Reserve Bank of India . More In News The central bank has allowed households earning up to ?3 lakh annually to be classified as eligible for microloans, expanding the market for microfinance institutions (MFIs). The cap […]
INS Vikrant
In News India’s first Indigenous aircraft carrier (IAC-1), INS Vikrant, successfully completed the fourth and final phase of sea trials. About INS Vikrant INS Vikrant was named after the warship that played a crucial role in the 1971 war. Designed: By the Indian Navy’s Directorate of Naval Design (DND), the carrier has been built at […]
Forex Reserves & Rupee’s Exchange Rate
In News Recently, India’s foreign exchange reserves fell to their lowest level in over 14 months as the central bank sold dollars to prop up the currency. About the recent data The reserves fell $5.01 billion to $588.3 billion. The decline in the reserve comes amid the rupee hitting record lows. Reasons: The central bank […]
Startup Ecosystem in India
In News Recently, the startup ecosystem in India has started bracing itself for a long and bitter winter. About Reason: With funding starting to dry up due to global macro-economic factors and potential mass lay-offs in the next 12-18 months, particularly in sectors such as ed-tech and gaming that got a significant push during the […]
IPBES Report on Sustainable use of Wild Species
In News A report released by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) has stated that about 50,000 wild species globally can meet the needs of billions of people. Findings of the Report Billions of people in all regions of the world rely on and benefit from the use of wild species: […]
Forest Landscape Restoration :Regaining Ecological Functionality
In Context The focus now is on Forest Landscape Restoration to regain ecological functionality and improve human welfare. Objectives and need According to the International Union for Conservation of Nature (IUCN), deforestation and forest degradation contribute around 12% of global greenhouse gas emissions. The total area occupied by primary forests in India has decreased by […]
