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Monthly Archives: July 2024

PM To Chair 9th Governing Council Meeting Of NITI Aayog

PM To Chair 9th Governing Council Meeting Of NITI Aayog

Prime Minister Shri Narendra Modi will chair the 9th Governing Council Meeting of NITI Aayog on July 27, 2024, at the Rashtrapati Bhavan Cultural Centre, New Delhi. This year’s theme is ‘Viksit Bharat@2047’, with a central focus on making India a developed nation. Aim of 9th Governing Council Meeting The Governing Council Meeting will discuss …

India Assumes Chair of Asian Disaster Preparedness Centre (ADPC)

India Assumes Chair of Asian Disaster Preparedness Centre (ADPC)

India has taken over the Chair of the Asian Disaster Preparedness Centre (ADPC) for the year 2024-25, succeeding China. This transition was formalized on July 25, 2024, in Bangkok, Thailand. The appointment underscores India’s growing global and regional leadership in Disaster Risk Reduction (DRR) under the guidance of Prime Minister Narendra Modi. Leadership Role and …

Historic Cultural Property Agreement Between India and the USA

Historic Cultural Property Agreement Between India and the USA

On July 26, 2024, India and the United States signed their first-ever Cultural Property Agreement (CPA) during the 46th World Heritage Committee meeting at Bharat Mandapam, New Delhi. The agreement aims to combat the illicit trafficking of Indian antiquities to the USA and aligns with the 1970 UNESCO Convention, to which both nations are signatories. …

RBI Introduces PCA Framework To Improve Financial Health Of UCBs

RBI Introduces PCA Framework To Improve Financial Health Of UCBs

The Reserve Bank of India (RBI) on July 26 prescribed a Prompt Corrective Action (PCA) framework for relatively weak urban co-operative banks (UCBs), with deposits above ₹100 crore (upper tier category), to nurse them back to health. As per the framework, a financially unsound and ill-managed UCB can be brought under PCA if it breaches …

Commemorative Postage Stamp Released for 25th Anniversary of Kargil Vijay Diwas

Commemorative Postage Stamp Released for 25th Anniversary of Kargil Vijay Diwas

The Department of Posts has released a commemorative postage stamp at Dras, Kargil in Ladakh, marking the Silver Jubilee of Kargil Vijay Diwas. This special edition celebrates the 25th anniversary of India’s victory in the Kargil War, acknowledging the exceptional bravery, determination, and sacrifice of the armed forces. Historical Context On this day twenty-five years …

Filmmaker Shekhar Kapur Appointed IFFI Festival Director

Filmmaker Shekhar Kapur Appointed IFFI Festival Director

Veteran filmmaker Shekhar Kapur, known for films such as “Mr India”, “Bandit Queen” and “Elizabeth”, has been appointed festival director for the International Film Festival of India (IFFI). Mr. Kapur will head the festival, held annually in Goa, for the 55th and 56th editions, the Information and Broadcasting Ministry said in a notification. Starting his …

Government Launches Revised Model Skill Loan Scheme

Government Launches Revised Model Skill Loan Scheme

The Centre has introduced a revised Model Skill Loan Scheme, designed to provide financial support for skill development courses to the nation’s youth. Launched on July 25, by Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship and Education, the scheme aims to remove financial barriers to advanced skill education. About this scheme The …