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Pradhan Mantri Swasthya Suraksha Nidhi The Union Cabinet approves the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN). About Pradhan Mantri Swasthya Suraksha Nidhi(PMSSN): This program will ensure access to universal & affordable health care through a fund that does not lapse at the end of the financial year. Features: It has been set up as a single non-lapsable reserve fund for a share of Health. It will be made from the share of health in the proceeds of Heal

Green Bonds

Green Bonds India has announced its intention to achieve all the United Nations Sustainable Development Goals (SDG) by 2030. The first green bond was issued in 2015. This is an alternative to the Kuznets hypothesis that is used by developed countries to achieve SDG goals A green bond is a fixed-income instrument designed specifically to support specific climate-related or environmental projects. The green bond market in India includes: Corporates issue green bond

Dumping Inert Waste in Bhatti Mines

Dumping Inert Waste in Bhatti Mines SDMC is seeking permission to dump material in 3 former mining pits in the sanctuary and one outside it. Asola Bhatti Wildlife Sanctuary It is located on the Southern Ridge of Aravalli Hills, one of the oldest mountain systems in the world. It is part of the Northern Aravalli leopard wildlife corridor. It is the green lung & carbon sink for New Delhi. It provides a potential shelterbelt for arresting the shifting of sand dunes &

Miyawaki Technique

Miyawaki Technique In a year, a patch of land in Mumbai’s eastern suburbs has become a testament to creating the “urban forests” through the Miyawaki technique. Miyawaki is an afforestation technique to create urban forests based on the work of Japanese botanist Akira Miyawaki in the 1980s. Miyawaki forests are tiny forests grown on small plots of land in 2 to 3 years and are self-sustaining, like how a forest is. Three layers of greens - shrubs and undergrowth

IDBI Bank out of Prompt Corrective Action Framework

IDBI Bank out of Prompt Corrective Action Framework Reserve Bank of India(RBI) has taken out IDBI Bank from the prompt corrective action(PCA) framework subject to certain conditions. Prompt corrective action Framework: Banks with weak financial metrics are put under the PCA framework by the Reserve Bank of India It aims to check the problem of Non-Performing Assets (NPAs) in the Indian banking sector. When was the PCA framework introduced? The RBI introduced the PCA fram

Stand Up India Scheme

Stand Up India Scheme The government has informed the Lok Sabha that 81% of the accounts under the Stand Up India Scheme belong to women entrepreneurs. Stand Up India Scheme: Launched in 2016 by the Department of Financial Services, Ministry of Finance. The Stand-Up India Scheme facilitates bank loans for setting up a new enterprise in manufacturing, services, agri-allied activities, or the trading sector by SC/ST/Women entrepreneurs. It provides bank loans between Rs 10 lak

India Not Part of Troika-plus-Pakistan Conference

India Not Part of Troika-plus-Pakistan Conference Russia has planned to hold a Troika-plus-Pakistan conference on Afghanistan in Moscow, Russia. About the Troika-plus-Pakistan Conference: Troika-plus-Pakistan meeting involves consultations between the US, Russia, China, Pakistan along with the representatives of the Afghanistan government, Taliban, and other senior Afghan leaders. The meeting is expected to discuss ways to assist in advancing the intra-Afghan talks in Doha. It a