Page-5 of Union Cabinet
Cooperative Banks brought under RBI
On June 24, 2020, the Union Cabinet chaired by PM Modi approved to bring cooperative banks under the Reserve Bank of India. This is to be done through an ordinance. Highlights There are about 1,482 crores of urban cooperative banks. ..
Month: Current Affairs - June, 2020
Justice Rohini Commission
On June 24, 2020, the Union Cabinet under PM Modi approved extension of Justice Rohini Commission to examine the issue of sub categorization of OBCs. The commission has been extended till October 31, 2021. Highlights The commission is to look ..
Month: Current Affairs - June, 2020
Cabinet Approves Ordinance to bring UCBs and MSCBs under RBI supervision
The decision to bring Urban Cooperative Banks (UCBs) and Multi-State Cooperative Banks (MSCBs) under the supervision of India’s Central Bank- the Reserve Bank of India (RBI) was taken on 24th June 2020 during a meeting of the Union Cabinet. The ..
Month: Current Affairs - June, 2020
Cabinet approves a new In-Space Centre
On June 24, 2020, the Union Cabinet chaired by PM Modi approved space sector reforms that will boost the private participation. IN-SPACe Centre Indian Space Promotion and Authorisation Centre has been newly created. The centre will provide level playing field ..
Month: Current Affairs - June, 2020
Union Cabinet approves re-establishment of Pharmacopoeia Commission
On June 4, 2020, the Union Cabinet chaired by PM Modi approved the Pharmacopoeia commission. The cabinet has approved to re-establish the commission for Indian Medicine and Homeopathy under Ministry of AYUSH. Highlights The commission has been set up by ..
Month: Current Affairs - June, 2020
Union Cabinet approved MoUs signed between India and Bhutan
On June 3, 2020, the Union Cabinet chaired by PM Modi approved the Memorandum of Understanding signed between India and Bhutan. The agreement between the countries was signed to improve cooperation in the field of environment. Highlights The agreement will ..
Month: Current Affairs - June, 2020
Union Cabinet approves farmer friendly Essential Commodities Act
On June 3, 2020, the Union Cabinet chaired by PM Modi has made historic amendments to Essential Commodities Act. Under the amendment, the regulatory environment has been liberalized for farmers. The Farmers Agreement on Price Assurance and Farm Services Ordinance, ..
Month: Current Affairs - June, 2020
Union Cabinet approves change of definition of MSMEs
On June 1, 2020, the Union Cabinet approved the changes made to the definition of MSMEs. The Finance Minister Nirmala Sitaraman had announced about the changes being made to MSMEs while she announced the economic package allocated to Atma Nirbhar ..
Month: Current Affairs - June, 2020
GoI launches PM SVANidhi scheme
On June 1, 2020, Government of India launched the Pradhan Mantri SVANidhi Scheme for street vendors. The Union cabinet has cleared the credit amount for the scheme as well Highlights The PM SVANidhi or PM Street Vendors Atmanirbhar Nidhi is ..
Month: Current Affairs - June, 2020
GoI brings in ordinance making attack on doctors punishable up to 7 years
On April 22, 2020, the Government of India brought in ordinance to end violence against doctors and health care workers. Highlights According to the ordinance, persons attacking health personnel are to be sentenced to jail for 6 months to 7 ..