A minimum rate at which a bank can lend is called MCLR. This rate is determined by a bank internally. This methodology was introduced by the RBI in 2016. Before this, base rate system was used by to determine lending rate. Base rate system was introduced in 2010. MCLR is more transparent method than the …
State Energy Efficiency Preparedness Index was launched in October 2018 by the Bureau of Energy Efficiency (BEE) and Alliance for an Energy Efficient Economy (AEEE). This index assesses state policies and programmes aimed at improving energy efficiency across various sectors. The index has 63 indicators coverings sectors like building, municipality, agriculture, transport and DISCOM. The …
Norway has announced to give $150 million to African country Gabon. The fund will be utilised by the African country to preserve its rainforests against climate change. Norway will provide this funding under the partnership with Central African Forest Initiative (CAFI). CAFI Launched in 2015, CAFI aims to create investment framework to support conservation of …
Gabon To Become First African Country to Receive Funds To Preserve Its Rainforests Read More »
A new PPP scheme for achieving better learning outcomes in higher education through the use of technology has been announced by the Ministry of Human Resource Development. The programmes name is the National Educational Alliance for Technology (NEAT). The Objective With the help of Artificial Intelligence make learning more personalized and customized. Bring all the …
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Presently, India has nine Vulture Conservation and Breeding Centres (VCBC). Three of these nine centres are directly administered by the Bombay Natural History Society (BNHS). The major reason behind the vulture population getting nearly wiped out was the drug Diclofenac, found in the carcass of cattle the vultures fed on. The drug was banned in …
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India on September 12, 2019 became the 16th country to join the Global Antimicrobial Resistance Research and Development Hub. About the Hub The hub was launched during the 71st session of the World Health Assembly in 2018. It helps countries identify gaps and resources in the use of resources in antimicrobial resistance (AMR) research. It …
India Joins Global Antimicrobial Resistance Research and Development Hub Read More »
Prime Minister of India, Shri Narendra Modi on September 23 announced a global Coalition for Disaster Resilient Infrastructure (CDRI). He announced this at the UN Climate Action Summit 2019 held in New York City, USA. Objective It will promote the resilience of new and existing infrastructure systems to climate and disaster risks, thereby ensuring sustainable …
Coalition for Disaster Resilient Infrastructure Announced Read More »
UN Secretary-General António Guterres on September 23, 2019 convened a one-day summit. The purpose of the summit was to take stock of the present situation of climate change and identify the steps to tackle the climate crisis and achieve Net Zero Carbon goal. Responding the UN chief’s call, many countries and the private sector announced …
India Post Payments Bank (IPPB) rolled out Aadhaar Enabled Payment System (AePS) Services on the occasion of its first anniversary. With the launch of AEPS services, IPPB has now become the single largest platform in the country for providing interoperable banking services to the customers of any bank by leveraging the last mile unprecedented reach …
India Post Payments Bank Announces Rollout of Aadhaar Enabled Payment Services Read More »
