Recently, the government has launched the Secured Logistics Document Exchange (SLDE) along with a Calculator for GreenHouse Gas (GHG) Emissions to boost Ease-Of-Doing Business in the country. In World Bank’s Ease-Of-Doing Business Report, 2020 India was ranked 63 out of 190 countries. Important points: The SLDE platform is a solution to replace the present manual process of generation, exchange and compliance of logistics documents with a …

National award winning artisan weaver, B Krishnamoorthy, has created a repository with samples of all the designs, patterns and motifs traditional to Kanjeevaram silk sari weaving, preserving fine pieces for next generation. Important points: Traditionally, the Kanjeevaram is a sari that is usually handwoven in mulberry silk and has pure gold or silver zari that renders it a …

Recently, the Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 2021. The failure of banks such as Punjab and Maharashtra Co-operative (PMC) Bank, Yes Bank and Lakshmi Vilas Bank reignited the debate on the low level of insurance against the deposits held by customers in Indian banks. Important points: The bill …

Recently, the Reserve Bank of India (RBI) allowed non-bank Payment System Providers (PSPs) to participate in Centralised Payment Systems (CPS – RTGS and NEFT), as direct members. Important points: In the first phase, PSPs such as Prepaid Payment Instruments (PPIs), card networks and White Label ATM (WLA) operators will be allowed access. ATMs set up, owned and …

According to the World Wide Fund for Nature (WWF), humanity has again used up all biological resources that our planet regenerates during the entire year by 29th July, 2021. Humanity currently uses 74% more than what the planet’s ecosystems can regenerate — or 1.7 Earths. From Earth Overshoot Day until the end of the year, humanity operates on …

Recently, the Shanghai Cooperation Organisation (SCO) Defence Ministers’ Meeting took place in Dushanbe, Tajikistan. The Defence Minister of India addressed the grouping and said India is committed to working within the SCO framework for helping create & maintain a secure & peaceful region. Important points: Terrorism is the most serious threat to international peace and security …

Recently, the Supreme Court has rejected Kerala government’s plea to withdraw criminal cases against its MLAs who were charged in the assembly. The ruling Kerala government had appealed, to the Supreme Court, to withdraw a criminal case against their leaders who destroyed public property and disrupted a Budget speech on the State Assembly floor in 2015. …