Lok Sabha Current Affairs, GK & News

780 New Air Traffic Routes Approved under UDAN

The Government of India announced that it has approved 780 new air traffic routes under the UDAN regional air connectivity scheme. Key Points Civil Aviation Minister Jyotiraditya Scindia informed the Lok Sabha that after the launch of the scheme, 359 routes has been opened in the country. 59 new airports have been established under the ..

Month: 

Category: 

Topics: 

Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2021

On 28th July, 2021, Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill 2021. This Bill replaces the Insolvency and Bankruptcy Code (Amendment) Ordinance 2021 which was implemented on 4th April, 2021. Key Points Insolvency is a situation where a company or an individual are unable to pay their debt. The government has ..

Month: 

Category: 

Topics: 

Govt plans to set up National Farmers Database

The Government of India has announced plans to set up a National Farmers Database. This database will consist of the country’s digitized land records and will aid in online single sign-on facilities for universal access and will also provide services to the farmers like weather advisories, direct benefit transfer, information on neighbouring logistic facilities and ..

Month: 

Category: 

Topics: 

Lok Sabha passes National Institutes of Food Technology Bill

On 26th July, 2021 the National Institutes of Food Technology, Entrepreneurship and Management Bill, 2021 was passed in the Lok Sabha. Highlights This bill was moved by Pashupati Kumar Paras who is the Food Processing and Industries Minister. This bill lays down various provisions for institutes of food technology, management and entrepreneurship. This bill got ..

Month: 

Category: 

Topics: 

Lok Sabha passes Factoring Amendment Bill

On 26th July, 2021 the Lok Sabha passed the Factoring Amendment Bill to amend the Factoring Regulation Act 2011. This bill will broaden the scope of the entities which can participate in the factoring business and also will ensure that strong oversight and regulatory mechanisms are put in place. Nirmala Sitharaman, Finance Minister of India, ..

Month: 

Category: 

Topics: