CABINET SECRETARY REVIEWS COVID-19 STATUS WITH CHIEF SECRETARIES OF STATES

Why in news? A high level meeting was held  with Chief Secretaries of all the States by the Cabinet Secretary and the Principal Secretary to the Prime Minister regarding COVID-19. Who is Cabinet Secretary? The Cabinet Secretary is drawn from the senior most officers of the Indian Administrative Service. He is the administrative head of […]

NATIONAL AYUSH MISSION

Department of AYUSH, Ministry of Health and Family Welfare launched the National Ayush Mission (NAM), a centrally sponsored scheme in 2014. It was launched with the basic objective of promoting Ayurveda, Yoga, Siddha & Unani and Homoeopathy (AYUSH) medical system through cost effective services, strengthening of educational systems, sustainable availability of ASU & H raw-materials […]

EXTRADITION TREATY

Why in news? The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the signing and ratifying of the Extradition Treaty between the Republic of India and the Kingdom of Belgium The following are the salient features of the Treaty: Obligation to Extradite Each Party agrees to extradite to the other any […]

POST-PANDEMIC PERIOD WILL SEE TURNAROUND IN JOB MARKET

Why in news? Once the COVID-19 dust settles down, a new order will emerge in the job market, analysts say. Several new jobs in the field of health and hygiene and technology may come up. Segments that could see a steady increase in business when the dust settles: Healthcare Pharma Biotechnology Gaming Over-the-top (OTT) services, […]

MORATORIUM ON REPAYMENT PUTS NBFCS IN A SPOT

Why in news? Non-banking financial companies (NBFCs) may face a tough time following the Reserve Bank of India’s recent directive on providing a moratorium on repayment. Why would NBFC face the heat? This is because though these entities are providing moratorium to their customers, they still have to continue repaying banks and other borrowers. NBFCs […]

BANK CREDIT SHOT UP JUST BEFORE LOCKDOWN

Why in news? Bank loans grew by a whopping ₹2.31 lakh crore in the fortnight ended March 27, indicating robust loan demand just when a nationwide lockdown was imposed to contain the spread of COVID-19, according to the RBI. This was probably the highest fortnightly loan growth recorded in financial year 2019-20. Details The good […]

INDIA WELL-EQUIPPED, HAS ENOUGH STOCK OF HCQ

Why in news? Were matters to deteriorate, India had enough infrastructure to tide over the crisis said the Health Minister at an online conference. The Union government on 10th April asserted that India had “sufficient buffer” of the much in demand drug hydroxychloroquine (HCQ). A Well-Equipped India India had multiple strategies in place to contain […]

CHOKED SUPPLY LINES TO BE CLEARED, TOUGHER NORMS LIKELY FOR PUBLIC TRANSPORTATION

Why in news? Stoppered supply lines with trucks waiting on highways, the ongoing harvest season and procurement of food grains in various parts of the country are some of the issues that will inform the kind of lockdown the country will continue to have post April 14. Motor Vehicles Department chalks out protocol for post-lockdown […]

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