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World Wide Education for the Future Index: India jumps to rank 35
The Economic Intelligence Unit recently published the Worldwide Education for the Future Index for the year 2019. India has jumped by five ranks and currently holds rank 35. Highlights The ranking is provided based on the ability of a country ..
Month: Current Affairs - February, 2020
Cabinet approves to set up a 12-member Technology Group
On February 19, 2020, the Union Cabinet approved to set a technology group. The 12-member group will provide scientific advice on mapping of technologies, commercialization of dual use technologies and develop a road map on selected key technologies. The group ..
Month: Current Affairs - February, 2020
National Draft Policy on Rare Diseases
On January 13, 2020, the Government of India released its National Draft Policy on rare diseases. The policy has proposed one-time fund of Rs 15 lakhs to treat rare diseases under Ayushman Bharat. The policy was drafted by Ministry of ..
Month: Current Affairs - January, 2020
GoI new scheme: Rs 400 crores for testing MSME Defense products
The Government of India is planning to launch a new scheme to test defense products manufactured by MSMEs. In order to achieve this, the Ministry of Defence has allocated Rs 400 crores. Features of the scheme The test units that ..
Month: Current Affairs - November, 2019
NITI Aayog’s concerns on Vehicle Scrappage Policy
The Ministry of Road and Transport Highways recently released Draft Guidelines for Vehicle Scrapping Facility. The guidelines include land requirements, scrapping procedures, criteria for scrapping of vehicles. It applies to all automobile collection centers, vehicle owners, required audits and finances. ..
Month: Current Affairs - November, 2019
What is the meaning of Conditional Assignment?
Conditional Assignment refers to the way by which an assignor i.e. life insurance policyholder can transfer policy rights to the assignee as per the terms and conditions. As per conditional assignment, the assignor gets back the policy rights if he/she ..