What is meant by Monetary Policy? Monetary policy refers to the policy of the central bank – i.e Reserve Bank of India – in matters of interest rates, money supply and availability of credit. Reserve Bank of India controls the inflation in the country through the monetary policy. For the above purposes RBI uses various…
Plastic Waste Management Amendment Rules The new Plastic Waste Management Amendment Rules has been acknowledged by the centre. It prohibited the manufacture, sale and use of some single-use goods made with plastic, polystyrene. ● Background: The Plastic Waste Management Amendment Rules notified by the Centre recently acknowledge the gravity of pollution caused by plastic articles…
About the scheme: Affordable Rental Housing Complexes (ARHCs) is a sub-scheme under Pradhan Mantri Awas Yojana- Urban (PMAY-U) to provide affordable rental housing to urban migrants/poor, close to their workplace. It aims to create a conducive ecosystem for Public/Private Entities to leverage investment in rental housing. The beneficiaries of ARHCs will be varied groups of…
START UP INDIA SEED FUND SCHEME Objectives To provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization. This would enable these startups to graduate to a level where they will be able to raise investments from angel investors or venture capitalists, or seek loans from commercial banks…
International Financial Services Centres Authority (IFSCA) Framework for setting up and operating International Trade Finance Services platform (ITFS) for providing trade finance services at International Financial Services Centres. The IFSCA has issued a framework for setting up and operating International Trade Finance Services Platform for providing Trade Finance Services at International Financial Services Centres. The…
Ministry of Electronics & IT (MeitY) enables map services in “UMANG App”. MeitY has enabled map services in “UMANG App” through an MOU with MapmyIndia (a private firm). As a result of the integration of UMANG with MapmyIndia Maps, citizens will be able to find government facilities nearest to their location, such as mandis, blood…
CBIC launched Compliance Information Portal (CIP). The CBIC launched the CIP to provide free access to information on all customs procedures and regulatory compliance for nearly 12,000 Customs Tariff Items. The portal would also have information related to partner government agencies like FSSAI, drug controller, etc., to carry out imports and exports. CIP can be…
Case law series 1 A.D.M. Jabalpur v. Shiv Kant Shukla The Habeas Corpus Case Decided by Supreme Court Black day of Indian Judiciary FACTS IN BRIEF :- Proclamation of emergency – President of India, on 25th June, 1975 declared emergency as per Article 352, on the finding that a grave emergency is existed by which…
In India, Companies Act regulates the corporations. As you know a company is a type of corporation which take public money either in the way of capital or borrowing to achieve their corporate goals. When an outsider deal with the company they should be aware about the provisions of the rules and regulations made there…
Clamour (noun) – protest, complaint, outcry/commotion. Condign (adjective) – well deserved, merited, warranted/justified. Debt security (noun) – a debt/financial instrument that is negotiable/trad-ablez; tradable liability/loan. Deepen (verb) – increase, grow, strengthen. Dilemma (noun) – difficulty, problem, quandary/predicament. Discrepancy (noun) – mismatch, dissimilarity/difference, variation/deviation. Elapse (verb) – pass, go by, roll past. Gallows (noun) – execution…
