In June 2016, RBI had launched the S4A or Scheme for Sustainable Structuring of Stressed Assets for in an attempt to lift banks out of the morass of stressed loans. But, the scheme came with riders, which posed challenges and as a result, very few borrowers have made the cut. In order to improve the implementation of Scheme, […]
S4A: Scheme for Sustainable Structuring of Stressed Assets Read More »
In recently released, World Bank’s Ease of doing Business Report 2017 India stood at 130th position in the world. Now, a sub-ranking of India’s States on the same Ease of doing business 2015-16 has also been released and Andhra Pradesh and Telangana have jointly topped the list. Important Observations from the Report: Four of the seven
Andhra Pradesh, Telegana Top in Ease of Doing Business Read More »
2 October: International Day of Non-Violence The International Day of Non-violence is being celebrated on 2 October throughout the world on the birth anniversary of Mahatma Gandhi. It was established by the UN General Assembly (UNGA) by passing the resolution in 2007 in an effort to spread the message of non-violence. 3 October: World Habitat Day
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October NEWS: Important Topics: Hriday The Union Ministry of Urban Development has approved projects worth Rs.114 crore under HRIDAY scheme for improving infrastructure facilities around core heritage sites in five cities. These five cities are: Varnasi (Uttar Pradesh), Amritsar (Punjab), Dwaraka (Gujarat), Puri (Odisha) and Warangal (Telangana). Read About Hriday: Hriday RBI Payment Banks new
Current Affairs Summary: October News Bits: Read More »
Recently, news of Union Ministers Smriti Irani and D.V.Sadananda Gowda being dropped from Inter-State Council, came up. The NDA Government, in July 2016, constituted inter-state council after a gap of 10 years. Lets look at various aspects of this Inter-State Council: What is Inter-State Council? Article 263 of the Constitution, contemplates to establishment of Inter-State Council
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