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

India’s Draft Arctic Policy

India has unveiled a new draft ‘Arctic’ policy that and is committed to expanding scientific research, “sustainable tourism” and mineral oil and gas exploration in the Arctic region. India launched its first scientific expedition to the Arctic in 2007 and set up a research station ‘Himadri’ in the international Arctic research base at Ny-Ålesund in

Shramshakti Portal

The Union Minister of Tribal Affairs has launched “ShramShakti” Portal. It is a National Migration Support Portal. It will record various data including demographic profile, livelihood options, skill mapping and migration pattern. It would effectively help in the smooth formulation of state and national level programs for migrant workers. Why need such a portal? Migrants

Sree Narayana Guru

The Vice President of India has virtually launched “Not Many, But One”, an English translation of poems of Sree Narayana Gurudev. Key Points Birth: Sree Narayana Guru was born on 22nd August, 1856 to Madan Asan and his wife Kuttiyamma in Chempazhanthy, a village near Thiruvananthapuram, Kerala. Early Days and Education: His family belonged to the Ezhava caste and was considered ‘avarna’ according to the social mores of the

Parakram Diwas

The central government has decided to observe Subhas Chandra Bose Jayanti as ‘Parakram Diwas’ to be celebrated on 23rd January. A high-level committee headed by the Prime Minister has also been formed to plan year-round programmes to mark the anniversary of Bose. Recently the Government of India has also instituted Subhash Chandra Bose Aapda Prabandhan Puraskaar to recognise the excellent work

Smart Anti Airfield Weapon

The Defence Research and Development Organisation (DRDO) has conducted a successful trial of the indigenously developed Smart Anti-Airfield Weapon (SAAW) off the Odisha coast from the Hawk-I jet of Hindustan Aeronautics Limited (HAL). This was the ninth successful test of the system conducted over the last five years. Key Points Background: The system belongs to the glide bomb category and its development began around 2012-13, with crucial inputs

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