About A Regional Rural Banks
Context: Union Finance Minister recently emphasised regional rural banks (RRBs) to upgrade their digital capability and increase penetration under Pradhan Mantri Mudra Yojana. Relevance: GS II: Indian Economy Dimensions of the Article: What are Regional Rural Banks (RRBs)? Set up on the recommendations of Narasimhan Committee on Financial Inclusion in 1976. Shareholding: Functions of RRBs: Issues Related […]
About A Insurance Surety Bonds
Context: Recently, the National Highways Authority of India (NHAI) organised a brainstorming session with stakeholders to expedite the adoption of Insurance Surety Bonds for its contracts. Relevance: GS III: Indian Economy Dimensions of the Article: Insurance Surety Bonds: Parties Involved: Advantages of Insurance Surety Bonds
India Post Payments Bank
Context: India Post Payments Bank (IPPB) has marked a significant milestone in the world of banking services with its continued profit streak, demonstrating its commitment to sustainable financial inclusion and citizen empowerment. Relevance: GS III- Indian Economy About India Post Payments Bank (IPPB)
Production Linked Incentive Scheme
Context: Recently, a debate has emerged over the effectiveness of India’s Production-Linked Incentive (PLI), an Electronics Manufacturing scheme, suggesting it generates import-dependent assembly jobs rather than fostering Self-Sufficiency in manufacturing and economic growth. Relevance: GS III: Indian Economy Dimensions of the Article: Promoting Domestic Manufacturing: The Production Linked Incentive Scheme (PLI) Participation and Rewards: Scope […]
Public Tech Platform for Frictionless Credit
Context: The Reserve Bank of India (RBI) has initiated a pilot programme aimed at evaluating the feasibility of a ‘Public Tech Platform for Frictionless Credit’, seeking to facilitate seamless and efficient credit delivery by lenders for Credit Appraisal, and therefore boosting Financial Inclusion in India. Relevance: GS III: Indian Economy Dimensions of the Article: Public […]
Committee on Stalled Real Estate Projects
Context: A 14-member committee. constituted to examine stalled real estate projects and recommend ways to complete them, submitted its report on August 21. Relevance: GS III: Indian Economy Dimensions of the Article: Committee on Stalled Real Estate Projects: Findings and Recommendations Major Findings: Major Recommendations: Implementation: Special Window for Affordable & Mid-Income Housing (SWAMIH) Scheme: […]
North East Special Infrastructure Development Scheme
Context: Recently, the cabinet gave approval for the continuation of the North East Special Infrastructure Development Scheme (NESIDS) with an approved outlay of Rs. 8139.50 crore. Relevance: GS III- Indian Economy, Infrastructure Dimensions of the Article: About North East Special Infrastructure Development Scheme Nodal: Ministry of Development of North East Region. Objectives Beneficiaries Implementation Significance
What is Green Hydrogen?
Context: The Ministry of New and Renewable Energy (MNRE) recently defined a clear Green Hydrogen Standard, which establishes emission thresholds for hydrogen production categorized as ‘green’. Relevance: GS III: Indian Economy Dimensions of the Article: Green Hydrogen and its Emission Threshold Definition of Green Hydrogen: Emission Threshold: Methodology and Monitoring: India’s Initiatives to Promote Green […]
Unclaimed Deposits – Gateway to Access inforMation (UDGAM) Portal
Context: The Reserve Bank of India (RBI) recently launched a Centralised Web Portal, UDGAM (Unclaimed Deposits – Gateway to Access inforMation), for the public to search for their unclaimed deposits across multiple banks at one place. Relevance: GS III: Indian Economy Dimensions of the Article: Udgam Portal The Udgam Portal is a creation of the […]
About The Matti Banana
Context: The Matti banana variety, native to Kanniyakumari district was recently granted the Geographical Indication (GI) tag. Relevance: GS III: Indian Economy Dimensions of the Article: Matti Banana: A Unique Variety Matti banana is a distinctive type of banana found in Kanniyakumari, known for its distinct qualities due to the region’s specific climate and soil […]