fbpx

8910154148 | 9163228921 | info@educratias.com

Daily Prelims Booster 4th August 2023

    NextPrevious

    Daily Prelims Booster 4th August 2023

    1) G20 EMPOWERTech-Equity Platform: The platform is launched by G20 Alliance for the Empowerment and Progression of Women’s Economic Representation (G20 EMPOWER).

    • It is developed with the support of the Ministry of Women and Child Development and aims to bridge the gender digital divide.
    • It offers women self-learning course modules for digital skilling including Financial Literacy.
    • The platform is open to women and girls from across G20 nations.
    • It is available in 120 plus languages and is also accessible to people with Dyslexia, ADHD, and is color-blindness friendly

    2) Vivad se Vishwas (VsV) II: Launched by:  Ministry of Finance.

    • About: One-time settlement scheme for pending contractual disputes with government/government undertaking.
    • Applicability: Court award (passed upto 30.04.2023) and Arbitral orders (passed upto 31.01.2023).
    • Settlement amount offered: upto
      • 85% of net amount awarded by the court
      • 65% of net amount awarded in arbitral.
    • Implemented through: Government e-Marketplace.
    • Background: VsV scheme was announced in Union Budget 2020-21 for reducing litigations in the direct taxes payments.
    • VsV I was launched to provide relief to MSMEs during COVID-19 period.

    3) Participatory notes (P-notes): P-note investments touched a 5-yr high of Rs 1.13 trn at June-end in the country.

    • P-notes are offshore derivative instruments with Indian shares as the underlying assets.
    • They are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to invest in the Indian stock market without directly registering themselves with SEBI.
    • The anonymity provided by the P- Notes makes it lucrative for entities that try to use this route to round trip funds.

    4) Sahakar-22: National Cooperative Development Corporation (NCDC) had launched Sahakar-22 during FY 2017-18 to achieve rural and farm prosperity through Cooperatives by 2022.

    • NCDC is a statutory body under administrative control of Ministry of Cooperation.
    • It included:
      • FOCUS 222: NCDC’s focused assistance for Cooperatives in 222 Districts (including 117 Aspirational Districts);
      • PACS HUB: Transformation of PACS and other Coops as Apna Kisan Resource Centers;
      • AENEC: Act East and North East Cooperatives;
      • CEMtC: Centres of Excellence to Market through Cooperatives;
      • SAHAKAR PRAGYA – Capacity Development through Laxmanrao Inamdar National Academy for Cooperative Research Development (LINAC).

    NextPrevious

    Admission open for IAS/IPS 2024-25 Exam.

    Fill this form to register for a free counselling