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कोरोना Update 11 May

on May 12, 2020

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🦠कोरोना Update 11 May 😳

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RBI Annual Report 2021-22

RBI Annual Report 2021-22 WHAT HAS HAPPENED? The Reserve Bank of India (RBI) on Friday (May 27), released the RBI Annual Report 2021-22. It is a statutory report of its Central Board of Directors. The Report covers the working and functions of the Reserve Bank of India for the period April 2021 - March 2022. The Central bank, in its report, made a strong case for structural reforms, Saying that they are essential for sustained, balanced and inclusive growth, especially by helping workers adapt to the after-effects of the pandemic by reskilling and enabling them to adopt new technologies for raising productivity. The RBI also noted that structural reforms will be important to deal with the after-effects of the pandemic. FUTURE PATH OF GROWTH In its annual report, the Reserve Bank of India also stressed that the future path of growth would be conditioned by addressing supply-side bottlene...

Delhi minister Satyendar Jain Arrested by ED

Delhi minister Satyendar Jain Arrested by ED WHAT HAS HAPPENED? The Enforcement Directorate (ED) arrested Delhi health minister Satyendar Jain on Monday evening after, what top sources claimed, He was allegedly found 'misleading the investigation and transferring the proceeds of crime', a serious offence under the Prevention of Money Laundering Act (PMLA). The minister is expected to be produced before a designated court on Tuesday. WHAT IS THE CASE? The case is based on a CBI first information report lodged against the AAP leader in 2017 under the Prevention of Corruption Act, Where he was accused of having laundered money through four companies allegedly linked to him. Last month, the ED provisionally attached immovable properties worth Rs 4.81 crore belonging to these companies and a fifth one—viz, Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Project...

Indian Government Warning on Aadhaar

Govt's Warning on Aadhaar WHAT’S HAPPENING? Does sharing a photocopy of your Aadhaar card pose a security risk and open it up for misuse? That’s the question raised after the Unique Identification Authority of India (UIDAI) first issued a warning to the public not to share a photocopy of their Aadhaar with any organisation, and Then withdrew the warning over worries that it was open to “misinterpretation”. WHAT WAS UIDAI’S INITIAL WARNING? The UIDAI, the statutory body mandated to collect Aadhaar data, issued the first press release on May 27, warning the “general public not to share photocopy of one’s Aadhaar with any organisation, because it can be misused”. Instead, it recommended that “a masked Aadhaar, which displays only the last four digits of your Aadhaar number,” be used for such purposes. It also asked the public to avoid using public computers to download their e-Aadhaa...

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कोरोना Update 11 May

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