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Daily News Digest:25 October 2021

AYUSHMAN BHARAT HEALTH INFRASTRUCTURE MISSION LAUNCHED BY PM MODI

Prime Minister Shri Narendra Modi introduced PM Ayushman Bharat Health Infrastructure Mission. He also introduced various development projects costing about Rs 5200 crore in Varanasi. The aim is to strengthen a network of essential health care from district to district to regional and national levels over the next 4-5 years.

AMBASSADORS’ ROUND TABLE FOR DefExpo 2022

Raksha Mantri Shri Rajnath Singh chaired the Ambassadors' Round Table of DefExpo 2022, New Delhi on October 25, 2021, in outreach to friendly foreign countries as also to the defence manufacturing industries of the world. It was aimed to brief the Ambassadors of foreign missions about the planning, arrangements and other details of DefExpo 2022, which will be held in Gandhinagar, Gujarat between March 10-13, 2022.

A HIGH-LEVEL MULTI-DISCIPLINARY TEAM FOR ZIKA VIRUS IN UTTAR PRADESH

The Union Health Ministry has rushed a high-level disciplinary team in Uttar Pradesh where a case of Zika Virus Disease has been reported. A 57-year-old man from Kanpur, Uttar Pradesh was diagnosed with Zika virus on October 22, 2021.

Zika virus belongs to the family of the Flaviviridae family. It is spread by Aedes mosquitoes, such as A. aegypti and A. albopictus.

INS VIKRANT: 2ND SET OF TRAILS

INS Vikrant, the largest and most complex warship to be built in the country, started its 2nd set of trials on October 24, ahead of its induction into the Indian Navy by August next year.

INS Vikrant is an aircraft carrier constructed by the Cochin Shipyard Limited (CSL) for the Indian Navy. It is the 1st aircraft carrier to be built in India.

INTERNATIONAL INSTITUTE FOR POPULATION STUDIES (IIPS) STUDY ON LIFE EXPECTANCY AFTER COVID-19

According to scientists from the International Institute for Population Studies (IIPS) the Covid-19 epidemic has affected the lives of people around the world and in India, the covid-19 epidemic has caused a decline in life expectancy by about two years.

SHIJIAN-21 LAUNCHED BY CHINA

On October 24, 2021, China successfully launched a new satellite named Shijian-21. The satellite will be utilized to test and verify space debris mitigation technologies. The China Aerospace Science and Technology Corp. (CASC) confirmed the launch success.

SEBI DECLARES PEC AS ‘NOT FIT & PROPER’

The Securities and Exchange Board of India (SEBI) has declared a state-owned company as ‘Not Fit and Proper’ for the first time. PEC Ltd is a 100% owned company. It has been declared ‘Not Fit and Proper’ to operate as a broker between 2010 and 2013 and to carry out illegal activities on the NSEL platform.

RBI SET UP REVISED REGULATORY FRAMEWORK FOR NBFCs CALLED SCARE BASED REGULATION (SBR)

Reserve Bank of India (RBI) set up a revised regulatory framework for NBFCs called Scale Based Regulation (SBR). These guidelines will be effective from October 01, 2022.

Now in order to regulate NBFCs under the Scale Based Regulation (SBR), the RBI has divided NBFCs into four layers (or 4 scales) based on their size, activity, and perceived riskiness. These are: NBFC - Base Layer (NBFC-BL), NBFC - Middle Layer (NBFC-ML), NBFC - Upper Layer (NBFC-UL) and NBFC - Top Layer (NBFC-TL).

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RBI SET UP REVISED REGULATORY FRAMEWORK FOR NBFCs CALLED SCARE BASED REGULATION (SBR)

RBI SET UP REVISED REGULATORY FRAMEWORK FOR NBFCs CALLED SCARE BASED REGULATION (SBR) Context: Recently, the Reserve Bank of India (RBI) set up a revised regulatory framework for NBFCs called Scale Ba ...

a month ago

SEBI DECLARES PEC AS ‘NOT FIT & PROPER’

SEBI DECLARES PEC AS ‘NOT FIT & PROPER’ Context: The Securities and Exchange Board of India (SEBI) has declared a state-owned company as ‘Not Fit and Proper’ for the first ...

a month ago

SHIJIAN-21 LAUNCHED BY CHINA

SHIJIAN-21 LAUNCHED BY CHINA Context: On October 24, 2021, China successfully launched a new satellite named Shijian-21. The satellite will be utilized to test and verify space debris mitigation techn ...

a month ago

INTERNATIONAL INSTITUTE FOR POPULATION STUDIES (IIPS) STUDY ON LIFE EXPECTANCY AFTER COVID-19

INTERNATIONAL INSTITUTE FOR POPULATION STUDIES (IIPS) STUDY ON LIFE EXPECTANCY AFTER COVID-19 Context: According to scientists from the International Institute for Population Studies (IIPS) the Covid- ...

a month ago

INS VIKRANT: 2ND SET OF TRAILS

INS VIKRANT: 2ND SET OF TRAILS Context: INS Vikrant, the largest and most complex warship to be built in the country, started its 2nd set of trials on October 24, ahead of its induction into the India ...

a month ago

A HIGH-LEVEL MULTI-DISCIPLINARY TEAM FOR ZIKA VIRUS IN UTTAR PRADESH

A HIGH-LEVEL MULTI-DISCIPLINARY TEAM FOR ZIKA VIRUS IN UTTAR PRADESH Context: The Union Health Ministry has rushed a high-level disciplinary team in Uttar Pradesh where a case of Zika Virus Disease ha ...

a month ago

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