Daily Archives: December 1, 2021

AUSTRALIA-INDIA WATER RELATIONSHIP

Recently, the Ministry of Jal Shakti has launched the first edition of the India Young Water Professional Programme. Its launch marks a significant milestone in Australia-India Water relationship. This Programme looks to prepare future water leaders. Important points: This program has been taken up under the National Hydrology Project. It …

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ZERO DEFECT ZERO EFFECT SCHEME

According to the recent data, as many as 23,948 Micro, Small and Medium-sized Enterprises (MSMEs) had registered with intent to adopt the principle of the Zero Defect Zero Effect Scheme (ZED). Important points: Launched in 2016 by the Ministry of MSME, the scheme is an integrated and comprehensive certification system. …

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BILL ON CRYPTOCURRENCIES IN INDIA

Recently, the Reserve Bank of India (RBI) has proposed amendments to the Reserve Bank of India Act, 1934, which would enable it to launch a Central Bank Digital Currency (CBDC), thus enhancing the scope of the definition of ‘bank note’ to include currency in digital form. The move has come …

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GROUNDWATER DEPLETION

Recently, an analysis of water level data done by the Central Ground Water Board (CGWB) indicates that about 33% of the wells monitored have registered decline in ground water levels in the range of 0 – 2 metres. Moreover, a decline of more than 4.0 m has also been observed …

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NATIONAL MULTIDIMENSIONAL POVERTY INDEX

Recently, NITI Aayog has released the Multidimensional Poverty Index (MPI). Earlier, Global Multidimensional Poverty Index 2021 was released by the United Nations Development Programme (UNDP) and the Oxford Poverty & Human Development Initiative (OPHI). Important points: The MPI seeks to measure poverty across its multiple dimensions and in effect complements …

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