Context: The number of micro-insurance agents at the end of FY24 stood at 102,000, of whom 19,166 belonged to public-sector life insurers and the rest to private ones. Key Highlights: Micro Life Insurance Premium Rule of Government and Supporting Policies
RBI review of state government finances
Context: The latest report by the Reserve Bank of India on the finances of state governments gives quite a few signals about having gone in an impressive manner at the aggregate level. Context:
EPFO adds 750k new members in October
Context: The Employeesâ Provident Fund Organisation (EPFO) reported a net addition of 1.34 million members in October. The surge reflects growing job opportunities and heightened awareness of social security benefits among workers. The Employeesâ Provident Fund Organisation (EPFO)
Centre Transferring Management of Environment Relief Fund to CPCB
Context: Starting January 1, 2010, the Central Pollution Control Board (CPCB) will take over the responsibility of administering the Environment Relief Fund Scheme by taking it over from the United India Insurance Company Limited (UIICL). Key Highlights: United India Insurance Company Limited (UIICL) United India Insurance Company Limited (UIICL) is one of the leading public sector general insurance companies in India. Central Pollution Control Board (C
Food Price Inflation in India
Context: A Cabinet Minister suggested in November that the Reserve Bank of India should have a growth-oriented target rather than food price inflation. Retail and Food Inflation
Endangered Lion-Tailed Macaque (Macaca silenus)
Context: A recent study warns of a growing threat to the critically endangered lion-tailed macaque, endemic to the Western Ghats due to increasing human interaction. Lion-Tailed Macaque (Macaca silenus) The lion-tailed macaque (Macaca silenus), also known as the wanderoo, is an Old World monkey endemic to the Western Ghats of South India. Also know: Olive Ridley turtle and Irrawaddy Dolphin
Tsunami in Tamil Nadu
Context: December 26, 2024, marks 20 years since a devastating tsunami struck the coasts of several countries bordering the Indian Ocean, including Indonesia, Thailand, Sri Lanka, and India. What are Tsunamis? Know more>>
The Disaster Management (Amendment) Bill, 2024
Context: The Disaster Management (Amendment) Bill, 2024, raises serious concerns. Instead of filling in the gaps in the Disaster Management Act (DMA), 2005, the Bill has removed scope for participatory governance, accountability, and efficiency from the Act. Inconsistencies in the Bill
India’s First Visit to Kuwait
Context: The first-ever visit to Kuwait by an Indian Prime Minister after 1981 has been paid by Prime Minister Narendra Modi. Key Highlights: About Kuwait India â Kuwait âStrategic Partnershipâ
Coastal Shipping Bill and the Merchant Shipping Bill
Context: The soon-to-be enacted twin Bills â the Coastal Shipping Bill and the Merchant Shipping Bill â will provide a huge impetus to coastal shipping, besides enhancing Indian ship ownership and promoting ease of doing business in the country, says Union Minister for Shipping and Ports Sarbananda Sonowal. What is Shipping Bill and the Merchant Shipping Bill?