Pradhan Mantri Rashtriya Bal Puraskar

Recently, 32 children have been awarded the ‘Pradhan Mantri Rashtriya Bal Puraskar’ for their exceptional abilities and outstanding accomplishments. The Awards are given by the President of India in the week preceding Republic Day (26th January) every year. Key Points Two Categories: The Pradhan Mantri Rashtriya Bal Puraskar is given under two categories: Bal Shakti Puraskar, and Bal Kalyan Puraskar. Bal Shakti Puraskar: Recognition: It

Beti Bachao Beti Padhao Scheme

The Beti Bachao Beti Padhao (BBBP) Scheme has recently completed 6 years of its launch in 2015. On the occasion of National Girl Child Day (24th January), the performance of BBBP scheme was discussed. The National Girl Child Day was started by the Ministry of Women and Child Development in 2008. Key Points About the Beti Bachao Beti Padhao (BBBP) Scheme: Main Objectives: Prevention of

Decriminalisation of Offences under Limited Liability Partnership Act

Recently, the Company Law Committee (CLC) has recommended that 12 offences under the Limited Liability Partnership (LLP) Act 2008 be decriminalised and that LLPs be allowed to issue Non-Convertible Debentures (NCDs) to raise funds with the aim of improving ease of doing business for LLP firms. The Company Law Committee (CLC) was set up by the Ministry of Corporate Affairs in September, 2019 to promote

Green Bonds

As per a recent study by the Reserve Bank of India (RBI), the cost of issuing green bonds has generally remained higher than other bonds in India, largely due to asymmetric information. Key Points Green Bonds (Description): About: A green bond is a debt instrument with which capital is being raised to fund ‘green’ projects, which typically include those relating to renewable energy, clean

The Inequality Virus Report

Recently, the Inequality Virus Report, released by Oxfam International, has found that the Covid pandemic deeply increased the existing inequalities in India and around the world. The report states that Covid has the potential to increase economic inequality in almost every country at once – the first time this has happened since records began over a century ago. Key Points Impact of the Pandemic

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