Recently, Sant Kabir Das Jayanti was observed on 24th June, 2021 to mark the birth anniversary of Sant Kabirdas. Kabirdas Jayanti is celebrated on the Jyeshtha Purnima tithi, as per the Hindu lunar calendar. Important points: Sant Kabir Das was born in the city of Varanasi, Uttar Pradesh. He was …

The Enforcement Directorate has transferred assets worth Rs. 8,441.50 crore to public sector banks that suffered losses to the tune of Rs. 22,585.83 crore due to frauds committed allegedly by Vijay Mallya, Nirav Modi and Mehul Choksi. All the three have been declared ‘Fugitive Economic Offenders’ by PMLA (Prevention of …

Recently, the International Renewable Energy Agency (IRENA) released the ‘Renewable Power Generation Costs in 2020’ report. Levelized cost of electricity trends by technology, 2010 and 2020 Important points: 810 gigawatts (GW) capacity of the world’s existing coal-fired plants i.e. 38% of the total global energy capacity now have higher operating …

Scientists have fabricated a simple, cost-effective, bio-compatible, transparent nanogenerator that can generate electricity from vibrations all around for use in optoelectronics, self-powered devices, and other biomedical applications. Searching for renewable energy resources with reduced carbon emissions is one of the most urgent challenges due to the increasing threat of global …

The Ministry of Culture (MoC) and Ministry of Ports, Shipping and Waterways (MoPSW) signed a Memorandum of Understanding (MoU) for ‘Cooperation in Development of National Maritime Heritage Complex (NMHC)’ at Lothal, Gujarat. Important points: NMHC will be developed in Lothal region of Gujarat. It would be developed as an international …

Recently, the Reserve Bank of India (RBI) proposed to lift the interest rate cap on Microfinance Institutions (MFIs), and said all micro loans should be regulated by a common set of guidelines irrespective of who gives them. Important points: RBI has suggested a common definition of microfinance loans for all …

Recently, a three-member task force has been formed to help the government in bringing major bureaucratic reforms through its ambitious “Mission Karmayogi”. Important points: The Centre has recently approved the ‘National Programme for Civil Services Capacity Building – Mission Karmayogi’ to effect a transformational shift from rule based training to …

Recently, the world’s first Genetically Modified (GM) rubber plant developed by Rubber Research Institute was planted in Assam. The rubber plant is the first of its kind developed exclusively for this region, and is expected to grow well under the climatic conditions of the mountainous northeastern region. Rubber Board It …

Indian states were able to borrow an extra Rs. 1.06 lakh crore in 2020-21 (FY21) due to the Reform Linked Borrowing window. This was announced to provide an additional leeway to states in order to cope with the adverse effects of Covid-19 pandemic on the economy. Chapter II of Part …

Narippaiyur, a village in Ramanathapuram District, a drought prone area situated in the South-East corner of Tamil Nadu will benefit from 20,000 litres per day of fresh water produced from sea water – thanks to the solar thermal Forward Osmosis (FO) sea water desalination system installed in the place. The customized demand driven convergent water solution through …