Daily Current Affairs

National Insolvency and Bankruptcy Code (Amendment) Bill, 2021 ⇒ Recently, Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2021. The bill seeks to amend the Insolvency and Bankruptcy Code, 2016. The Bill is set to replace the IBC Amendment Ordinance 2021 promulgated in April. It introduced an insolvency resolution mechanism for micro, small and […]

National The Coconut Development Board (Amendment) Bill, 2021 ⇒ Recently, Parliament passed the Coconut Development Board (Amendment) Bill, 2021. The Bill seeks to amend a Section of the Coconut Development Board Act, 1979. About Bill: The bill seeks to create the post of ”non-executive chairman” for the board. The bill provides for the appointment of

National Marine Aids to Navigation Bill 2021 ⇒ Recently, Parliament passed the Marine Aids to Navigation Bill 2021. The bill seeks to replace over 90-year-old Lighthouse Act 1927, to incorporate the global best practices, technological developments and India’s International obligations in the field of Marine Aids to Navigation. The bill provides: For the development, maintenance

National The General Insurance Business (Nationalisation) Amendment Bill, 2021 ⇒ Recently, parliament passed The General Insurance Business (Nationalisation) Amendment Bill, 2021. The General Insurance bill seeks to amend the General Insurance Business (Nationalisation) Act, 1972. The bill seeks to remove the requirement that the Centre should hold not less than 51 per cent of the

National Factoring Regulation (Amendment) Bill, 2021 ⇒ Recently, Parliament passed the Factoring Regulation (Amendment) Bill, 2021, to bring changes in the legislation aimed at helping the micro, small and medium enterprises (MSME) sector in the availability of working capital. The bill seeks to amend the Factoring Regulation Act, 2011 to widen the scope of entities

National ‘Yuktdhara’ GIS-based planning Portal ⇒ Recently, a new Geospatial Planning portal under Bhuvan “Yuktdhara” has been released to facilitate planning of new MGNREGA assets using Remote Sensing and GIS based information. The Union Minister of Rural Development & Panchayati Raj, Shri Giriraj Singh launched the Yuktdhara GIS-based planning Portal. Speaking at the launch of

National Taxation Laws (Amendment) Bill, 2021 ⇒ The Lok Sabha passed the Taxation Laws (Amendment) Bill, 2021 on 06 August 2021. The bill seeks to amend the Income Tax Act of 1961 and the Finance Act of 2012. The Bill provides: » No tax demand will be raised in future on the basis of the

National India’s first e-vehicle friendly highway ⇒ Recently, the Union Minister of Heavy Industries, Dr Mahendra Nath Pandey inaugurated Solar Electric Vehicle (EV) Charging Station at Karnal Lake Resort, Karnal. The Delhi-Chandigarh Highway has become the first e-vehicle friendly highway in the country with a network of Solar-based Electric Vehicle Charging stations (SEVCs). Set up

National Sri Basava International Award ⇒ Karnataka government has selected Sri Basavaliga Pattaddevaru, senior seer of Bhalki Hiremath, for the prestigious Sri Basava International Award. Minister for Kannada and Culture V. Sunil Kumar presented the award on 18 August 2021 in Bengaluru. The septuagenarian seer has spent over five decades in the Lingayat religious institution

National Sir M Visvesvaraya Memorial Award ⇒ The Vice President of India, Shri M Venkaiah Naidu attended ‘Sir M Visvesvaraya Memorial Award’ ceremony organized by Federation of Karnataka Chambers of Commerce and Industry (FKCCI) on 18 August 2021. The award ceremony was held at Bengaluru.  The Vice President of India presented “Sir M Visvesvarya Memorial