Daily Current Affairs  – 29 July 2021

Facts in News Innovations for Defence Excellence (iDEX) Recently, the Department of Defence Production, Ministry of Defence has approved a central sector scheme named  Innovations for Defence Excellence (iDEX). Budgetary support: Rs. 498.80 crore for the next 5 years from 2021-22 to 2025-26.  It is funded and managed by a Defence Innovation Organisation (DIO), formed […]

In News  Recently, Raksha Mantri Shri Rajnath Singh addressed SCO Defence Ministers’ meeting in Dushanbe, Tajikistan. Key Highlights of the Meeting The SCO member states focused on strengthening defence cooperation. Terrorism was highlighted as the most serious threat to international peace and security and any act of terror and support to such acts, including cross […]

In News Recently, the government of India has launched a secured logistics document exchange platform. About Secured Logistics Document Exchange (SLDE) launched along with a Calculator for GreenHouse Gas Emissions.  Secured Logistics Document Exchange (SLDE) Programme  Objective: The SLDE platform is a solution to replace the present manual process of generation, exchange and compliance of […]

In News Recently, the Cabinet approved the Deposit Insurance and Credit Guarantee Corporation Bill, 2021.  About The move came after Punjab and Maharashtra Co-operative (PMC) Bank faced a grave fraud.  Subsequently, Yes Bank and Lakshmi Vilas Bank, too, came under stress, leading to their restructuring. In a relief to depositors of stressed banks, the Cabinet […]

In News Recently, Rajya Sabha passed the Juvenile Justice (Care and Protection of Children), Amendment Bill, 2021 to amend the Juvenile Justice Act, 2015.  The bill was passed in Lok Sabha in March 2021. Need for Amendment As of July 2018, there were 629 adoption cases pending in various courts.  In order to expedite adoption […]

In News Recently, the Insolvency and Bankruptcy Code (IBC) (Amendment) Bill, 2021 has been passed by the Lok Sabha. Insolvency and Bankruptcy Code (Amendment) Bill, 2021 It proposed the Pre-packaged Insolvency Resolution Process (PIRP), also called ‘pre-packs’ as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). It will replace the Insolvency and […]