NaBFID to be regulated as AIFI under RBI Act<\/a><\/h3>\n\n\n\n![\"NaBFID](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T104042.454-e1647061892535.jpg\")
<\/figure>\n\n\n\nThe Reserve Bank said NaBFID will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934.<\/p>\n\n\n\n
It will now be guided under Sections 45L and 45N of the Reserve Bank of India Act, 1934. Currently, RBI has four AIFIs: EXIM Bank, NABARD, NHB, and SIDBI.<\/p>\n\n\n\n
NaBFID:\u00a0Development Financial Institution (DFI) to support the development of long-term infrastructure financing in India.<\/p>\n\n\n\n
Labour Minister releases Book titled Role of Labour in India\u2019s Development<\/a><\/h3>\n\n\n\n![\"Labour](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T104248.972.jpg\")
<\/figure>\n\n\n\nUnion Minister for Labour and Employment, Bhupender Yadav has released book titled \u2018Role of Labour in India\u2019s Development\u2019 at New Delhi.<\/p>\n\n\n\n
The Book contains 12 articles written by eminent academicians and practitioners on the contribution of labour in India\u2019s development journey. It has been published by V V Giri National Labour Institute.<\/p>\n\n\n\n
It has been launched as a part of the \u2018Iconic Week\u2019 of the \u2018Azadi Ka Amrit Mahotsav\u2019, celebrating 75th year of India\u2019s Independence.<\/p>\n\n\n\n
Haryana CM Manohar Lal Khattar announces \u2018Sushma Swaraj Award\u2019 for women<\/a><\/h3>\n\n\n\n![\"Haryana](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T104453.603.jpg\")
<\/figure>\n\n\n\nHaryana Chief Minister Manohar Lal Khattar presented the Budget 2022-23 in the state\u2019s Assembly and announced the \u2019Sushma Swaraj Award\u2019 for women for their significant contribution or achievements in different walks of life in national and international spheres.<\/p>\n\n\n\n
The Sushma Swaraj Award will carry a commendation and a cash prize of Rs 5 lakh. The award has been named after Late Sushma Swaraj, a daughter of Haryana. She had served as former Chief Minister of Delhi and former Union Minister of External Affairs.<\/p>\n\n\n\n
Karnataka launches\u00a0Women@Work\u00a0(WOW) Program to provide 5 lakh jobs to women<\/a><\/h3>\n\n\n\n![\"Karnataka](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T105102.807.jpg\")
<\/figure>\n\n\n\nThe Government of Karnataka<\/strong> has launched the \u2018Women@Work (WOW) Program\u2019<\/strong>, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills.<\/p>\n\n\n\nThe\u00a0W@W\u00a0Program is being organised jointly by Karnataka Digital Economy Mission (KDEM), KTECH and Karnataka Skill Development Corporation, Government of Karnataka. Under the\u00a0W@W\u00a0Program free certificate courses will be run for women for imparting them training in specialized skills to become employable in the next five years.<\/p>\n\n\n\n
Debasish Panda appointed as Chairman of IRDAI<\/a><\/h3>\n\n\n\n![\"Debasish](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T105515.612.jpg\")
<\/figure>\n\n\n\nThe Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. <\/p>\n\n\n\n
Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.<\/p>\n\n\n\n
Haryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme<\/a><\/h3>\n\n\n\n![\"Haryana](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T105718.357.jpg\")
<\/figure>\n\n\n\nOn International Women\u2019s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. <\/p>\n\n\n\n
Eligibility: Women whose families annual income is less than Rs 5 lakh based on Parivar Pehchan Patra (PPP) verified data.<\/p>\n\n\n\n
Maximum Loan amount: Rs 3 lakh.<\/p>\n\n\n\n
Interest subvention of 7% will be provided.\u00a0<\/p>\n\n\n\n
India\u2019s first fully women-owned industrial park becomes operational<\/a><\/h3>\n\n\n\n![\"India\u2019s](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T105955.430.jpg\")
<\/figure>\n\n\n\nIndia\u2019s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.<\/p>\n\n\n\n
Industrial park is promoted by\u00a0FICCI Ladies Organisation (FLO)\u00a0in partnership with the state government of Telangana. It is spread over a 50-acre area in Sultanpur near Patancheru industrial area. Estimated investment cost of the project:\u00a0Rs 250 crores.<\/p>\n\n\n\n
Cabinet Approves formation of National Land Monetisation Corporation (NLMC)<\/a><\/h3>\n\n\n\n![\"Cabinet](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T110147.995.jpg\")
<\/figure>\n\n\n\nCabinet has approved National Land Monetisation Corporation (NLMC) formation.<\/p>\n\n\n\n
Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs).<\/p>\n\n\n\n
NLMC:<\/strong><\/p>\n\n\n\nIt will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore.<\/p>\n\n\n\n
Paid-up share capital:\u00a0Rs 150 crore. It will be a lean organisation with minimal full-time staff, hired directly from the market on contract basis.<\/p>\n\n\n\n
India and World Bank sign $125 Million Loan for Social Protection Services<\/a><\/h3>\n\n\n\n![\"India](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T110350.924.jpg\")
<\/figure>\n\n\n\nGovt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal.<\/p>\n\n\n\n
West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla.<\/p>\n\n\n\n
West Bengal Building State Capability for Inclusive Social Protection Project\u00a0will support these interventions at the state level.<\/p>\n\n\n\n
Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)<\/a><\/h3>\n\n\n\n![\"Narayan](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T110554.798.jpg\")
<\/figure>\n\n\n\nUnion Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.<\/p>\n\n\n\n
Details of the sub-schemes:<\/strong><\/p>\n\n\n\nIncubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.<\/p>\n\n\n\n
Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.<\/p>\n\n\n\n
IPR (Intellectual Property Rights):\u00a0improve the IP culture in India.<\/p>\n\n\n\n
Third National Youth Parliament Festival (NYPF) begins in New Delhi<\/a><\/h3>\n\n\n\n![\"Third](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T110733.444.jpg\")
<\/figure>\n\n\n\nLok Sabha Secretariat and Ministry of Youth Affairs and Sports has organized the third edition of the National Youth Parliament Festival (NYPF). It is being held on 10th and 11th March 2022, in the Central Hall of Parliament, New Delhi.<\/p>\n\n\n\n
Objective:\u00a0to hear the voice of the youth, between 18 and less than 25 years of age, who will join various careers in coming years. Top three National level youth winners will get an opportunity to speak before Lok Sabha Speaker.<\/p>\n\n\n\n
Prabha Narasimhan appointed as CEO of Colgate-Palmolive India<\/a><\/h3>\n\n\n\n![\"Prabha](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T111027.263.jpg\")
<\/figure>\n\n\n\nPrabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company. Prior to this, she was working as executive director of Hindustan Unilever (HUL).<\/p>\n\n\n\n
Colgate-Palmolive (India):\u00a0Provides oral care products under \u2018Colgate\u2019 brand. It also provides personal care products under \u2018Palmolive\u2019 brand name.<\/p>\n\n\n\n
SC appoints Justice AK Sikri as Chairperson of High Powered Committee on Chardham project<\/a><\/h3>\n\n\n\n![\"SC](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T111230.827.jpg\")
<\/figure>\n\n\n\nThe Supreme Court on Friday appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project. The previous Chairperson Professor Ravi Chopra<\/strong> had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.<\/p>\n\n\n\nThe HPC would look after the environmental concerns and other issues related to the Chardham project as well as the cumulative and independent impact of the Chardham project on the entire Himalayan valley. Justice Arjan Kumar Sikri is a former judge of the Supreme Court of India.<\/p>\n\n\n\n
Civil Aviation Minister Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh<\/a><\/h3>\n\n\n\n![\"Civil](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T111344.303.jpg\")
<\/figure>\n\n\n\nUnion Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the first drone school in Gwalior, Madhya Pradesh<\/strong> on March 10, 2022.<\/p>\n\n\n\nThis drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are\u00a0Bhopal, Indore, Jabalpur and Satna.<\/strong><\/p>\n\n\n\nRatnakar Shetty launches his autobiography \u2018On Board: My Years in BCCI\u2019<\/a><\/h3>\n\n\n\n![\"Ratnakar](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T111559.373.jpg\")
<\/figure>\n\n\n\n
<\/figure>\n\n\n\nThe Reserve Bank said NaBFID will be regulated and supervised as an All India Financial Institution by it under the RBI Act, 1934.<\/p>\n\n\n\n
It will now be guided under Sections 45L and 45N of the Reserve Bank of India Act, 1934. Currently, RBI has four AIFIs: EXIM Bank, NABARD, NHB, and SIDBI.<\/p>\n\n\n\n
NaBFID:\u00a0Development Financial Institution (DFI) to support the development of long-term infrastructure financing in India.<\/p>\n\n\n\n
Labour Minister releases Book titled Role of Labour in India\u2019s Development<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for Labour and Employment, Bhupender Yadav has released book titled \u2018Role of Labour in India\u2019s Development\u2019 at New Delhi.<\/p>\n\n\n\n
The Book contains 12 articles written by eminent academicians and practitioners on the contribution of labour in India\u2019s development journey. It has been published by V V Giri National Labour Institute.<\/p>\n\n\n\n
It has been launched as a part of the \u2018Iconic Week\u2019 of the \u2018Azadi Ka Amrit Mahotsav\u2019, celebrating 75th year of India\u2019s Independence.<\/p>\n\n\n\n
Haryana CM Manohar Lal Khattar announces \u2018Sushma Swaraj Award\u2019 for women<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nHaryana Chief Minister Manohar Lal Khattar presented the Budget 2022-23 in the state\u2019s Assembly and announced the \u2019Sushma Swaraj Award\u2019 for women for their significant contribution or achievements in different walks of life in national and international spheres.<\/p>\n\n\n\n
The Sushma Swaraj Award will carry a commendation and a cash prize of Rs 5 lakh. The award has been named after Late Sushma Swaraj, a daughter of Haryana. She had served as former Chief Minister of Delhi and former Union Minister of External Affairs.<\/p>\n\n\n\n
Karnataka launches\u00a0Women@Work\u00a0(WOW) Program to provide 5 lakh jobs to women<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Government of Karnataka<\/strong> has launched the \u2018Women@Work (WOW) Program\u2019<\/strong>, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills.<\/p>\n\n\n\nThe\u00a0W@W\u00a0Program is being organised jointly by Karnataka Digital Economy Mission (KDEM), KTECH and Karnataka Skill Development Corporation, Government of Karnataka. Under the\u00a0W@W\u00a0Program free certificate courses will be run for women for imparting them training in specialized skills to become employable in the next five years.<\/p>\n\n\n\n
Debasish Panda appointed as Chairman of IRDAI<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. <\/p>\n\n\n\n
Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.<\/p>\n\n\n\n
Haryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nOn International Women\u2019s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. <\/p>\n\n\n\n
Eligibility: Women whose families annual income is less than Rs 5 lakh based on Parivar Pehchan Patra (PPP) verified data.<\/p>\n\n\n\n
Maximum Loan amount: Rs 3 lakh.<\/p>\n\n\n\n
Interest subvention of 7% will be provided.\u00a0<\/p>\n\n\n\n
India\u2019s first fully women-owned industrial park becomes operational<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIndia\u2019s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.<\/p>\n\n\n\n
Industrial park is promoted by\u00a0FICCI Ladies Organisation (FLO)\u00a0in partnership with the state government of Telangana. It is spread over a 50-acre area in Sultanpur near Patancheru industrial area. Estimated investment cost of the project:\u00a0Rs 250 crores.<\/p>\n\n\n\n
Cabinet Approves formation of National Land Monetisation Corporation (NLMC)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nCabinet has approved National Land Monetisation Corporation (NLMC) formation.<\/p>\n\n\n\n
Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs).<\/p>\n\n\n\n
NLMC:<\/strong><\/p>\n\n\n\nIt will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore.<\/p>\n\n\n\n
Paid-up share capital:\u00a0Rs 150 crore. It will be a lean organisation with minimal full-time staff, hired directly from the market on contract basis.<\/p>\n\n\n\n
India and World Bank sign $125 Million Loan for Social Protection Services<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nGovt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal.<\/p>\n\n\n\n
West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla.<\/p>\n\n\n\n
West Bengal Building State Capability for Inclusive Social Protection Project\u00a0will support these interventions at the state level.<\/p>\n\n\n\n
Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.<\/p>\n\n\n\n
Details of the sub-schemes:<\/strong><\/p>\n\n\n\nIncubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.<\/p>\n\n\n\n
Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.<\/p>\n\n\n\n
IPR (Intellectual Property Rights):\u00a0improve the IP culture in India.<\/p>\n\n\n\n
Third National Youth Parliament Festival (NYPF) begins in New Delhi<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nLok Sabha Secretariat and Ministry of Youth Affairs and Sports has organized the third edition of the National Youth Parliament Festival (NYPF). It is being held on 10th and 11th March 2022, in the Central Hall of Parliament, New Delhi.<\/p>\n\n\n\n
Objective:\u00a0to hear the voice of the youth, between 18 and less than 25 years of age, who will join various careers in coming years. Top three National level youth winners will get an opportunity to speak before Lok Sabha Speaker.<\/p>\n\n\n\n
Prabha Narasimhan appointed as CEO of Colgate-Palmolive India<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nPrabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company. Prior to this, she was working as executive director of Hindustan Unilever (HUL).<\/p>\n\n\n\n
Colgate-Palmolive (India):\u00a0Provides oral care products under \u2018Colgate\u2019 brand. It also provides personal care products under \u2018Palmolive\u2019 brand name.<\/p>\n\n\n\n
SC appoints Justice AK Sikri as Chairperson of High Powered Committee on Chardham project<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Supreme Court on Friday appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project. The previous Chairperson Professor Ravi Chopra<\/strong> had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.<\/p>\n\n\n\nThe HPC would look after the environmental concerns and other issues related to the Chardham project as well as the cumulative and independent impact of the Chardham project on the entire Himalayan valley. Justice Arjan Kumar Sikri is a former judge of the Supreme Court of India.<\/p>\n\n\n\n
Civil Aviation Minister Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the first drone school in Gwalior, Madhya Pradesh<\/strong> on March 10, 2022.<\/p>\n\n\n\nThis drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are\u00a0Bhopal, Indore, Jabalpur and Satna.<\/strong><\/p>\n\n\n\nRatnakar Shetty launches his autobiography \u2018On Board: My Years in BCCI\u2019<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\n
<\/figure>\n\n\n\nUnion Minister for Labour and Employment, Bhupender Yadav has released book titled \u2018Role of Labour in India\u2019s Development\u2019 at New Delhi.<\/p>\n\n\n\n
The Book contains 12 articles written by eminent academicians and practitioners on the contribution of labour in India\u2019s development journey. It has been published by V V Giri National Labour Institute.<\/p>\n\n\n\n
It has been launched as a part of the \u2018Iconic Week\u2019 of the \u2018Azadi Ka Amrit Mahotsav\u2019, celebrating 75th year of India\u2019s Independence.<\/p>\n\n\n\n
Haryana CM Manohar Lal Khattar announces \u2018Sushma Swaraj Award\u2019 for women<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nHaryana Chief Minister Manohar Lal Khattar presented the Budget 2022-23 in the state\u2019s Assembly and announced the \u2019Sushma Swaraj Award\u2019 for women for their significant contribution or achievements in different walks of life in national and international spheres.<\/p>\n\n\n\n
The Sushma Swaraj Award will carry a commendation and a cash prize of Rs 5 lakh. The award has been named after Late Sushma Swaraj, a daughter of Haryana. She had served as former Chief Minister of Delhi and former Union Minister of External Affairs.<\/p>\n\n\n\n
Karnataka launches\u00a0Women@Work\u00a0(WOW) Program to provide 5 lakh jobs to women<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Government of Karnataka<\/strong> has launched the \u2018Women@Work (WOW) Program\u2019<\/strong>, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills.<\/p>\n\n\n\nThe\u00a0W@W\u00a0Program is being organised jointly by Karnataka Digital Economy Mission (KDEM), KTECH and Karnataka Skill Development Corporation, Government of Karnataka. Under the\u00a0W@W\u00a0Program free certificate courses will be run for women for imparting them training in specialized skills to become employable in the next five years.<\/p>\n\n\n\n
Debasish Panda appointed as Chairman of IRDAI<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. <\/p>\n\n\n\n
Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.<\/p>\n\n\n\n
Haryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nOn International Women\u2019s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. <\/p>\n\n\n\n
Eligibility: Women whose families annual income is less than Rs 5 lakh based on Parivar Pehchan Patra (PPP) verified data.<\/p>\n\n\n\n
Maximum Loan amount: Rs 3 lakh.<\/p>\n\n\n\n
Interest subvention of 7% will be provided.\u00a0<\/p>\n\n\n\n
India\u2019s first fully women-owned industrial park becomes operational<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIndia\u2019s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.<\/p>\n\n\n\n
Industrial park is promoted by\u00a0FICCI Ladies Organisation (FLO)\u00a0in partnership with the state government of Telangana. It is spread over a 50-acre area in Sultanpur near Patancheru industrial area. Estimated investment cost of the project:\u00a0Rs 250 crores.<\/p>\n\n\n\n
Cabinet Approves formation of National Land Monetisation Corporation (NLMC)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nCabinet has approved National Land Monetisation Corporation (NLMC) formation.<\/p>\n\n\n\n
Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs).<\/p>\n\n\n\n
NLMC:<\/strong><\/p>\n\n\n\nIt will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore.<\/p>\n\n\n\n
Paid-up share capital:\u00a0Rs 150 crore. It will be a lean organisation with minimal full-time staff, hired directly from the market on contract basis.<\/p>\n\n\n\n
India and World Bank sign $125 Million Loan for Social Protection Services<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nGovt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal.<\/p>\n\n\n\n
West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla.<\/p>\n\n\n\n
West Bengal Building State Capability for Inclusive Social Protection Project\u00a0will support these interventions at the state level.<\/p>\n\n\n\n
Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.<\/p>\n\n\n\n
Details of the sub-schemes:<\/strong><\/p>\n\n\n\nIncubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.<\/p>\n\n\n\n
Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.<\/p>\n\n\n\n
IPR (Intellectual Property Rights):\u00a0improve the IP culture in India.<\/p>\n\n\n\n
Third National Youth Parliament Festival (NYPF) begins in New Delhi<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nLok Sabha Secretariat and Ministry of Youth Affairs and Sports has organized the third edition of the National Youth Parliament Festival (NYPF). It is being held on 10th and 11th March 2022, in the Central Hall of Parliament, New Delhi.<\/p>\n\n\n\n
Objective:\u00a0to hear the voice of the youth, between 18 and less than 25 years of age, who will join various careers in coming years. Top three National level youth winners will get an opportunity to speak before Lok Sabha Speaker.<\/p>\n\n\n\n
Prabha Narasimhan appointed as CEO of Colgate-Palmolive India<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nPrabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company. Prior to this, she was working as executive director of Hindustan Unilever (HUL).<\/p>\n\n\n\n
Colgate-Palmolive (India):\u00a0Provides oral care products under \u2018Colgate\u2019 brand. It also provides personal care products under \u2018Palmolive\u2019 brand name.<\/p>\n\n\n\n
SC appoints Justice AK Sikri as Chairperson of High Powered Committee on Chardham project<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Supreme Court on Friday appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project. The previous Chairperson Professor Ravi Chopra<\/strong> had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.<\/p>\n\n\n\nThe HPC would look after the environmental concerns and other issues related to the Chardham project as well as the cumulative and independent impact of the Chardham project on the entire Himalayan valley. Justice Arjan Kumar Sikri is a former judge of the Supreme Court of India.<\/p>\n\n\n\n
Civil Aviation Minister Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the first drone school in Gwalior, Madhya Pradesh<\/strong> on March 10, 2022.<\/p>\n\n\n\nThis drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are\u00a0Bhopal, Indore, Jabalpur and Satna.<\/strong><\/p>\n\n\n\nRatnakar Shetty launches his autobiography \u2018On Board: My Years in BCCI\u2019<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\n
<\/figure>\n\n\n\nHaryana Chief Minister Manohar Lal Khattar presented the Budget 2022-23 in the state\u2019s Assembly and announced the \u2019Sushma Swaraj Award\u2019 for women for their significant contribution or achievements in different walks of life in national and international spheres.<\/p>\n\n\n\n
The Sushma Swaraj Award will carry a commendation and a cash prize of Rs 5 lakh. The award has been named after Late Sushma Swaraj, a daughter of Haryana. She had served as former Chief Minister of Delhi and former Union Minister of External Affairs.<\/p>\n\n\n\n
Karnataka launches\u00a0Women@Work\u00a0(WOW) Program to provide 5 lakh jobs to women<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Government of Karnataka<\/strong> has launched the \u2018Women@Work (WOW) Program\u2019<\/strong>, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills.<\/p>\n\n\n\nThe\u00a0W@W\u00a0Program is being organised jointly by Karnataka Digital Economy Mission (KDEM), KTECH and Karnataka Skill Development Corporation, Government of Karnataka. Under the\u00a0W@W\u00a0Program free certificate courses will be run for women for imparting them training in specialized skills to become employable in the next five years.<\/p>\n\n\n\n
Debasish Panda appointed as Chairman of IRDAI<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. <\/p>\n\n\n\n
Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.<\/p>\n\n\n\n
Haryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nOn International Women\u2019s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. <\/p>\n\n\n\n
Eligibility: Women whose families annual income is less than Rs 5 lakh based on Parivar Pehchan Patra (PPP) verified data.<\/p>\n\n\n\n
Maximum Loan amount: Rs 3 lakh.<\/p>\n\n\n\n
Interest subvention of 7% will be provided.\u00a0<\/p>\n\n\n\n
India\u2019s first fully women-owned industrial park becomes operational<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nIndia\u2019s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.<\/p>\n\n\n\n
Industrial park is promoted by\u00a0FICCI Ladies Organisation (FLO)\u00a0in partnership with the state government of Telangana. It is spread over a 50-acre area in Sultanpur near Patancheru industrial area. Estimated investment cost of the project:\u00a0Rs 250 crores.<\/p>\n\n\n\n
Cabinet Approves formation of National Land Monetisation Corporation (NLMC)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nCabinet has approved National Land Monetisation Corporation (NLMC) formation.<\/p>\n\n\n\n
Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs).<\/p>\n\n\n\n
NLMC:<\/strong><\/p>\n\n\n\nIt will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore.<\/p>\n\n\n\n
Paid-up share capital:\u00a0Rs 150 crore. It will be a lean organisation with minimal full-time staff, hired directly from the market on contract basis.<\/p>\n\n\n\n
India and World Bank sign $125 Million Loan for Social Protection Services<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nGovt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal.<\/p>\n\n\n\n
West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla.<\/p>\n\n\n\n
West Bengal Building State Capability for Inclusive Social Protection Project\u00a0will support these interventions at the state level.<\/p>\n\n\n\n
Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.<\/p>\n\n\n\n
Details of the sub-schemes:<\/strong><\/p>\n\n\n\nIncubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.<\/p>\n\n\n\n
Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.<\/p>\n\n\n\n
IPR (Intellectual Property Rights):\u00a0improve the IP culture in India.<\/p>\n\n\n\n
Third National Youth Parliament Festival (NYPF) begins in New Delhi<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nLok Sabha Secretariat and Ministry of Youth Affairs and Sports has organized the third edition of the National Youth Parliament Festival (NYPF). It is being held on 10th and 11th March 2022, in the Central Hall of Parliament, New Delhi.<\/p>\n\n\n\n
Objective:\u00a0to hear the voice of the youth, between 18 and less than 25 years of age, who will join various careers in coming years. Top three National level youth winners will get an opportunity to speak before Lok Sabha Speaker.<\/p>\n\n\n\n
Prabha Narasimhan appointed as CEO of Colgate-Palmolive India<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nPrabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company. Prior to this, she was working as executive director of Hindustan Unilever (HUL).<\/p>\n\n\n\n
Colgate-Palmolive (India):\u00a0Provides oral care products under \u2018Colgate\u2019 brand. It also provides personal care products under \u2018Palmolive\u2019 brand name.<\/p>\n\n\n\n
SC appoints Justice AK Sikri as Chairperson of High Powered Committee on Chardham project<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nThe Supreme Court on Friday appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project. The previous Chairperson Professor Ravi Chopra<\/strong> had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.<\/p>\n\n\n\nThe HPC would look after the environmental concerns and other issues related to the Chardham project as well as the cumulative and independent impact of the Chardham project on the entire Himalayan valley. Justice Arjan Kumar Sikri is a former judge of the Supreme Court of India.<\/p>\n\n\n\n
Civil Aviation Minister Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\nUnion Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the first drone school in Gwalior, Madhya Pradesh<\/strong> on March 10, 2022.<\/p>\n\n\n\nThis drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are\u00a0Bhopal, Indore, Jabalpur and Satna.<\/strong><\/p>\n\n\n\nRatnakar Shetty launches his autobiography \u2018On Board: My Years in BCCI\u2019<\/a><\/h3>\n\n\n\n<\/figure>\n\n\n\n
<\/figure>\n\n\n\nThe Government of Karnataka<\/strong> has launched the \u2018Women@Work (WOW) Program\u2019<\/strong>, in a bid to raise their workforce strength in workplaces by creating an equitable, inclusive and equal world for women. The Women@Work (W@W) programme with an aim to provide five lakh jobs within 2026 to women with necessary employable skills.<\/p>\n\n\n\n The\u00a0W@W\u00a0Program is being organised jointly by Karnataka Digital Economy Mission (KDEM), KTECH and Karnataka Skill Development Corporation, Government of Karnataka. Under the\u00a0W@W\u00a0Program free certificate courses will be run for women for imparting them training in specialized skills to become employable in the next five years.<\/p>\n\n\n\n The Appointments Committee of the Cabinet has approved the appointment of former DFS Secretary Debasish Panda, a retired IAS officer, as the Chairperson of the Insurance Regulatory and Development Authority of India (IRDAI), which is the insurance regulator. <\/p>\n\n\n\n Debasish Panda is a former financial services secretary. The post of Chairman of IRDAI was lying vacant since May 2021 when Subhash Chandra Khuntia completed his term.<\/p>\n\n\n\n On International Women\u2019s Day, Haryana Chief Minister, Manohar Lal Khattar who also holds the Finance portfolio, announced a new scheme for women, the Haryana Matrushakti Udaymita Scheme-to provide support to women entrepreneurs. Under this, those women who wish to become entrepreneurs will be provided access to soft loans. <\/p>\n\n\n\n Eligibility: Women whose families annual income is less than Rs 5 lakh based on Parivar Pehchan Patra (PPP) verified data.<\/p>\n\n\n\n Maximum Loan amount: Rs 3 lakh.<\/p>\n\n\n\n Interest subvention of 7% will be provided.\u00a0<\/p>\n\n\n\n India\u2019s first 100 per cent women-owned industrial park began operations in Hyderabad. Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.<\/p>\n\n\n\n Industrial park is promoted by\u00a0FICCI Ladies Organisation (FLO)\u00a0in partnership with the state government of Telangana. It is spread over a 50-acre area in Sultanpur near Patancheru industrial area. Estimated investment cost of the project:\u00a0Rs 250 crores.<\/p>\n\n\n\n Cabinet has approved National Land Monetisation Corporation (NLMC) formation.<\/p>\n\n\n\n Aim: to handle the sale of surplus land and buildings of the government, its agencies, and Central Public Sector Enterprises (CPSEs).<\/p>\n\n\n\n NLMC:<\/strong><\/p>\n\n\n\n It will be a wholly-owned central government entity. Initial authorised share capital: Rs 5,000 crore.<\/p>\n\n\n\n Paid-up share capital:\u00a0Rs 150 crore. It will be a lean organisation with minimal full-time staff, hired directly from the market on contract basis.<\/p>\n\n\n\n Govt of India, Govt of West Bengal, and World Bank has signed $125 million IBRD loan to support efforts to help poor and vulnerable groups access social protection services in West Bengal.<\/p>\n\n\n\n West Bengal runs more than 400 programs for social assistance, care services, and jobs under umbrella platform called Jai Bangla.<\/p>\n\n\n\n West Bengal Building State Capability for Inclusive Social Protection Project\u00a0will support these interventions at the state level.<\/p>\n\n\n\n Union Minister for MSME Shri Narayan Rane has launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.<\/p>\n\n\n\n Details of the sub-schemes:<\/strong><\/p>\n\n\n\n Incubation: promote and support untapped creativity with assistance of up to Rs. 15 lakh per idea.<\/p>\n\n\n\n Design: Bring Indian manufacturing sector and Design experts on a common platform with assistance up to Rs. 40 lakh for design project.<\/p>\n\n\n\n IPR (Intellectual Property Rights):\u00a0improve the IP culture in India.<\/p>\n\n\n\n Lok Sabha Secretariat and Ministry of Youth Affairs and Sports has organized the third edition of the National Youth Parliament Festival (NYPF). It is being held on 10th and 11th March 2022, in the Central Hall of Parliament, New Delhi.<\/p>\n\n\n\n Objective:\u00a0to hear the voice of the youth, between 18 and less than 25 years of age, who will join various careers in coming years. Top three National level youth winners will get an opportunity to speak before Lok Sabha Speaker.<\/p>\n\n\n\n Prabha Narasimhan has been appointed as the CEO and MD of Colgate-Palmolive (India) Limited. She succeeded Ram Raghavan, who has been promoted to the role of President, Enterprise Oral Care, at Colgate Palmolive Company. Prior to this, she was working as executive director of Hindustan Unilever (HUL).<\/p>\n\n\n\n Colgate-Palmolive (India):\u00a0Provides oral care products under \u2018Colgate\u2019 brand. It also provides personal care products under \u2018Palmolive\u2019 brand name.<\/p>\n\n\n\n The Supreme Court on Friday appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project. The previous Chairperson Professor Ravi Chopra<\/strong> had resigned from his post in February 2022, after being appointed as the chairperson of the HPC on August 8, 2019.<\/p>\n\n\n\n The HPC would look after the environmental concerns and other issues related to the Chardham project as well as the cumulative and independent impact of the Chardham project on the entire Himalayan valley. Justice Arjan Kumar Sikri is a former judge of the Supreme Court of India.<\/p>\n\n\n\n Union Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inaugurated the first drone school in Gwalior, Madhya Pradesh<\/strong> on March 10, 2022.<\/p>\n\n\n\n This drone school is one of the five Drone Schools planned to be opened in different cities of Madhya Pradesh. The other four cities are\u00a0Bhopal, Indore, Jabalpur and Satna.<\/strong><\/p>\n\n\n\nDebasish Panda appointed as Chairman of IRDAI<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nHaryana CM ML Khattar announces Haryana Matrushakti Udaymita Scheme<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nIndia\u2019s first fully women-owned industrial park becomes operational<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nCabinet Approves formation of National Land Monetisation Corporation (NLMC)<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nIndia and World Bank sign $125 Million Loan for Social Protection Services<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nNarayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR)<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nThird National Youth Parliament Festival (NYPF) begins in New Delhi<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nPrabha Narasimhan appointed as CEO of Colgate-Palmolive India<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nSC appoints Justice AK Sikri as Chairperson of High Powered Committee on Chardham project<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nCivil Aviation Minister Jyotiraditya Scindia inaugurates first drone school at Gwalior in Madhya Pradesh<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\nRatnakar Shetty launches his autobiography \u2018On Board: My Years in BCCI\u2019<\/a><\/h3>\n\n\n\n
<\/figure>\n\n\n\n
![\"Former](\"https:\/\/www.gkseries.com\/blog\/wp-content\/uploads\/2022\/03\/download-2022-03-12T111737.532.jpg\")
<\/figure>\n\n\n\n