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DAILY PIB 29TH SEPTEMBER 2022

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    DAILY PIB 29TH SEPTEMBER 2022

    Council of scientific and industrial research (CSIR):CSIR was set up in 1942. It is one of the largest R&D organisations of India.This year the council is celebrating its 81st Foundation Day.CSIR covers a wide spectrum of science and technology – from oceanography, geophysics, chemicals, drugs, genomics, biotechnology and nanotechnology to mining, aeronautics, instrumentation, environmental engineering and information technology.

    It is under the ministry of science and technology.

     

    India- Singapore bilateral ties: Singapore has emerged as the top source nation in terms of foreign direct investment (FDI) equity flows into India for the financial year 2021-22. They both are part of numerous groupings like G20, Commonwealth, IORA (Indian Ocean Rim Association), East Asia Summit, and IONS (Indian Ocean Naval Symposium).

    Following the conclusion of Comprehensive Economic Cooperation Agreement (CECA) of 2005, this robust relationship was elevated to a Strategic Partnership in 2015.

     

    AMRUT 2.0: Hon’ble Prime Minister launched AMRUT 2.0 in 2021 with a vision to make all cities water secure and provide universal coverage of water supply services in all the urban areas of the country. One of the outcomes of AMRUT 2.0 is to provide 24×7 water supply with drink from tap facility in at least one ward or one DMA in all 500 AMRUT cities.

    The Ministry has constituted National Task Force (NTF) on 24×7 water supply systems at National level and State-level Task Force (STF) on 24×7 water supply systems at State level respectively.

     

    Electoral bond scheme 2018:As per provisions of the Scheme, Electoral Bonds may be purchased by a person who is a citizen of India or incorporated or established in India.

    An individual can buy Electoral Bonds, either singly or jointly with other individuals. Only the Political Parties registered under Section 29A of the RPA,1951 and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds.

    State Bank of India (SBI), has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches.

    The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.

     

    Senior citizens saving schemes:Launched in 2004 is a scheme of Department of Economic Affairs, Ministry of Finance and is operated through post offices or designated branches of banks.

    It assists senior citizens in saving for retirement and receiving quarterly interest payments. SCSS offers an interest rate of 7.4% for the quarter ending 31 March 2022. You can open an SCSS account with a minimum deposit of Rs.1,000.

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