Author: Shambhavi Sinha

Significance of liberal democracy

Chhattisgarh CM talked about the Chhattisgarh model and various schemes launched under the government, comparing it with the Gujarat model. Bhupesh Baghel, the chief minister of Chhattisgarh, asserted on Saturday that the country’s assets were being sold off one by one, which has caused a surge in poverty and unemployment. In a subtle jab at the Bharatiya Janata Party (BJP), he claimed that the Gujarat model of development, which was much discussed across the nation prior to the 2014 general elections, has since disappeared. The Chhattisgarh Congress government is focused on providing a minimum income to people and meeting their…

Payment aggregators can now apply for a license with the RBI by September 2022. The approval of these applications is subject to fulfillment of the eligibility criteria. The RBI announced on Thursday that PAs may now submit an application for a license by September 30, 2022 They must have a minimum net worth of Rs 15 crore as of March 31, 2022. According to the central bank, keeping in mind the damage caused by COVID-19, it has been agreed to offer another opportunity to all such Payment aggregators (existing as of March 17, 2020) To apply to the RBI in…

The Railways are mulling over the possibility of restoring the senior citizen concession. It is, however, is considered to include revisions that aim at reducing the burden on the Railways. According to sources, the Railways are considering reinstituting senior citizen concessions, but they would only apply it to the general and sleeper classes of travel. This is in response to criticism from a number of quarters. According to those sources, another possibility involves adjusting the age requirements for the senior citizen concession and limiting eligibility to individuals over 70 years old. Previously, the age threshold was 58 for women and…

Amid the rising tension over the battle in Ukraine, Russia announced that it will withdraw from the International Space Station and start working on its own orbital outpost after 2024. In the midst of intense tension between Moscow and the West over the battle in Ukraine over the Kremlin’s military action in Ukraine, Russia’s new space chief announced Tuesday that the country will leave the International Space Station post 2024 and concentrate on building its own orbiting outpost. In a meeting with Russian President Vladimir Putin, Yuri Borisov, who was chosen this month to head the state space agency Roscosmos,…

Owing to a number of technical malfunctions, DGCA issued a show-case notice to the airline followed by 53 spot checks on 48 SpiceJet aircraft. The government has announced that there have been no major violations discovered. According to the statement made by the Minister of State for Civil Aviation V K Singh on Monday, the aviation regulator DGCA carried out 53 spot checks on 48 SpiceJet aircraft between the dates of July 9 and July 13. However, it did not identify any severe safety violations. In his written reply in Rajya Sabha, Singh informed that as a safety measure, the…

As big FMCG businesses are entering the plant-based meat segment, they are also targeting to include non-vegetarians who are looking for alternatives to animal-based proteins. Along with a sizable portion of vegetarians, major FMCG businesses are targeting non-vegetarian consumers who are looking for an alternative to animal protein by joining the plant-based meat market. Products in the plant-sourced meat segment are already available on e-commerce platforms and at large retail chains in major metros. The segment, which just two years ago opened up, is predicted to reach about USD one billion by 2030. In addition, businesses are focusing on institutional…

The North East India Festival is a three day festival which will be held in Bangkok starting July 29, 2022. The first edition was held in 2019. The second edition of the three-day North East India Festival, 2022, will be held in Bangkok, the capital of Thailand, starting on July 29 in an effort to advance the Act East policy. At a press conference held on Saturday, the Chief Organiser of the North East India Festival, Shyamkanu Mahanta, stated that the event’s purpose is to celebrate the 75th anniversary of India’s diplomatic relationship with Thailand and to encourage commerce, tourism,…

Karti P. Chidambaram wrote a letter to the Serious Fraud Investigation Office (SFIO) requesting an investigation into the finances of BYJU’s. On Thursday, Congressman Karti P. Chidambaram announced that he had written a letter to the Serious Fraud Investigation Office (SFIO) requesting that they look into the financial affairs of the edtech major company BYJU’s, which was most recently valued at over $22 billion. Chidambaram demanded an investigation into BYJU’s for failing to file its 2020–21 (FY21) financial reports by the previously declared deadline of July 15 because the company had not yet received $250 million (about Rs 2,500 crore)…

In order to develop cashless facilities over the country, Irdai has permitted insurers to empanel hospitals that satisfy the standards specified by the insurers. In order to broaden the availability of cashless facilities throughout India, the Insurance Regulatory and Development Authority of India (Irdai) has granted permission to insurance companies to appoint on their panels network providers or hospitals that satisfy the standards and benchmark criteria specified by the insurers’ respective boards. Irdai stated in a circular on Wednesday that the insurers are now empowered to empanel the network providers that meet the standards and benchmark criteria as stipulated by…