E-SANTA
Context Recently, the Union Commerce and Industry Ministry has inaugurated E-SANTA, an electronic marketplace providing a platform to connect aqua farmers and buyers. E-SANTA The term e-SANTA was coined for…
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Military farms closed after 132 years of service
Context Recently, Military farms have been closed after 132 years of service. What are Military Farms? The farms were set up with the sole requirement of supplying hygienic cow milk…
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MITRA Scheme: Mega Investment Textiles Parks
Context Recently, Finance minister has proposed MITRA Scheme i.e. Mega Investment Textiles Parks (MITRA) for Textile sector in her budget speech of 2021. Key Details about MITRA Scheme The scheme…
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Silk Samagra Scheme
Context Recently, the Minister of Textiles has informed about the implementation of Silk Samagra Scheme for Development of Sericulture. About Silk Samagra It is initiated by the Central Silk Board.…
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Secured Overnight Financing Rate (SOFR)
Context Recently, State Bank of India (SBI) has executed two inter-bank short term money market deals with pricing linked to Secured Overnight Financing Rate (SOFR). What Is the Secured Overnight Financing Rate…
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What is Section 32A of IBC?
Context Recently, the Supreme Court held that the successful bidders for a corporate debtor under the Insolvency and Bankruptcy Code (IBC) would be immune from any investigations being conducted either…
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PM-WANI: Public Wi-Fi Access Network Interface
Context Recently, Union Cabinet approved a proposal for setting up public WiFi hotspots across the country via public data offices or PDOs, which could even be a kirana shop or a paan shop.…
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Better Than Cash Alliance (BTCA)
Context Recently, the Union Ministry of Finance and UN-Based Better Than Cash Alliance (BTCA) organized a joint Peer learning exchange on fintech solutions for responsible digital payments at the last…
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Himachal Pradesh wants GI status for five products
Context The Himachal Pradesh government is trying to obtain GIs (Geographical Indication) for five products from the state – Karsog Kulth, Thangi of Pangi, Chamba Metal Crafts, Chamba Chukh, and…
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Municipal Bonds
Context Recently, the INR 200 crore municipal bonds issue of the Lucknow Municipal Corporation (LMC) was listed at Bombay Stock Exchange. Key Details This is a historic occasion as it…
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