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U.P. WITHDRAWS NOTIFICATION ON INCREASED WORK HOURS

Why in news? The Uttar Pradesh government has withdrawn its recent order increasing daily work hour shifts in manufacturing units from the existing 8 hours to 12 hours. Background The U.P. government had on May 8 passed a notification diluting provisions of the Factories Act of 1948 and increased work timings by providing certain exemptions […]

FIFTH TRANCHE OF THE ECONOMIC STIMULUS PACKAGE

Why in news? The fifth and final tranche of the Atmanirbhar Bharat Abhiyan stimulus package, announced by Finance Minister on 17th May 2020. The total package amounts to almost ₹21 lakh crore by the Centre’s accounting, but is heavy on credit-related measures, including ₹8 lakh crore worth of liquidity enhancing measures by the RBI. Highlights of […]

OP SAMUDRA SETU PHASE 2

Why in news? The Indian Naval Ship Jalashwa completed embarkation of 588 Indian citizens on 15 May 20, at the port of Male, Maldives as part of Operation Samudra Setu. Click Here to read More about Operations Samudra Setu

NATIONAL MIGRANT INFORMATION SYSTEM (NMIS)

Why in news? In order to capture the information regarding movement of migrants and facilitate the smooth movement of stranded persons across States, National Disaster Management Authority (NDMA) has developed an online Dashboard – National Migrant Information System (NMIS). Details The online portal NMIS would maintain a central repository on migrant workers and help in […]

SCIENTISTS DEVELOP BIODEGRADABLE METAL IMPLANTS

Why in news? The Scientists at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) and Sree Chitra Tirunal Institute of Medical Sciences have jointly developed new generation Iron-Manganese based alloys for biodegradable metal implants for use in humans. Details Biodegradable materials (Fe, Mg, Zn, and polymer) can participate in the healing […]

RERA CAN RESTORE TRUST BETWEEN BUYER AND SELLER

Why in news? The 3rd anniversary celebrations of RERA, through webinar, was held on 16th May 2020. Views of Minister of Housing and Urban Affairs One of the principal objectives of RERA is to help restore the trust between a buyer and the seller and this trust can only be restored by the true and effective […]

SUBMERGED MANGROVE FORESTS ARE SCIENTIFIC WONDERS

Mangrove Forests: Presence and Significance Mangrove forests comprise the interface between wetlands and sea grass meadows along a vast expanse of tropical shorelines all over the world. They also occur along bays, estuaries or mouths of rivers by these shores. Mangroves are present worldwide on various shorelines between approximately 25°N and 25°S latitude. Mangrove forests […]

CENTRE BORROWS ANOTHER $1 BILLION FROM WORLD BANK

Why in news? The Centre is taking another $1 billion loan from the World Bank to support its COVID-19 relief measures and financial assistance for the poorest and most vulnerable communities. The loan was approved by the World Bank’s Board of Executive Directors on 14th May 2020, according to an official statement. Details The money will […]

ILO: MGNREGA AS SOCIAL PROTECTION CAN MITIGATE COVID CRISIS

Why in news? The rural employment programme MGNREGA came in for praise from the International Labour Organisation (ILO) in its analysis of social protection coverage in developing countries, which was released on 14th May. Details of what ILO said Even as the ILO pointed to “devastating gaps in social protection coverage in developing countries”, which were […]

THIRD TRANCHE OF ECONOMIC STIMULUS PACKAGE

Why in news? Making long-pending agricultural marketing reforms as the centerpiece – The Third tranche of the Atmanirbhar Bharat Abhiyan economic stimulus package, was announced by Union Finance Minister, on 15th May 2020. Highlights of the Third Tranche Enacting a central law to permit barrier-free inter-State trade of farm commodities. Ensuring a legal framework to facilitate contract […]