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RBI bans MasterCard from issuing new cards

  • The Reserve Bank has banned MasterCard from issuing new cards to customers. The ban will take effect on July 22, the RBI said. According to RBI regulations, servers that collect information on Indian customers' information must be located in India.
  • However, the Reserve Bank imposed the ban because MasterCard did not comply with the order. Meanwhile, RBI has said that there is no problem for existing customers using MasterCard.
Vikas engine test success
  • ISRO, also known as the Indian Space Research Organization, has launched a program to take humans to Earth's low orbit. Tests of the project, dubbed Kaganyan, are in full swing.
  • ISRO today announced the successful testing of the engine used in the Kaganyan project. The test was conducted at the ISRO Center at Kavalkinaru Mahendragiri in Nellai, Tamil Nadu.
Judge AK Rajan filed the panel report
  • The panel, headed by Justice AK Rajan, examined the impact of Need Doval and presented its report to MK Stalin. Judge AK Rajan, chairperson of the panel, said the comments were based on information obtained from students and parents and statistics.
  • MK Stalin first set up a committee headed by retired Judge AK Rajan to study the impact of the Need Doval students and their parents. The committee consisted of Dr. G. R. Ravindranath, Dr. Jawaharlal Nehru, Principal Secretary, Department of Public Welfare, Principal Secretary, School Education, Legal Secretary, Special Task Force, Department of Health, Director, Medical Education and Additional Director, Medical Education.
Jaisankar speaks at the Shanghai Conference
  • As US forces withdraw from Afghanistan, the Taliban are raising their hand. The Taliban have taken control of much of Afghanistan.
  • In this context, the Shanghai Cooperation Organization conference was held in Dushanbe, the capital of Tajikistan. It was attended by the Foreign Ministers of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Pakistan.
  • Attending the conference, Indian Foreign Minister Jaishankar said, “The future of the people in Afghanistan should not be the same as in the past. The world opposes violence and coercion. It is important to ensure that Kabul's neighbors are not threatened by extremism, secession and extremism. ”
28 per cent increase in the internal rate of return for Union Government employees - Cabinet approval
  • Central government employees are given an increase in internal rate of return twice a year. The hike will be announced in January and July in line with the price hike. However, due to the Corona epidemic, the United States government has withheld increased tariffs for more than a year.
  • In this context, the Union Cabinet meeting chaired by Prime Minister Modi was held in Delhi. Of this, approval was given to raise the internal rate of return for government employees to 28 per cent.
Baba Ramdev's Patanjali gets 5 years tax concession, research institute status
  • Patanjali Group sells herbal products, immune products, toothpaste, noodles, soap and toilet cleaners. The Department of Revenue has announced various tax breaks that have granted the company research research status.
  • According to the Income Tax Department, the concessions will be effective for five years from the financial year 2021-23 to the financial year 2027-28.
Cabinet approval to upgrade infrastructure facilities in the judiciary
  • From 01.04.2021 to 31.03.2026, the Central Financial Assistance Scheme for the Improvement of Infrastructure Facilities in the Judiciary The Cabinet, headed by Prime Minister Narendra Modi, has approved the Rs 9,000 crore project. Adequate infrastructure is essential to reduce the number of cases and cases pending in the courts.
  • 3800 court halls, 4000 residential units (valued at Rs. 4500 crore), 1450 bar halls (valued at Rs. 700 crore), 1450 toilets (valued at Rs. 47 crore), and Rs. It is mentioned that this project proposal will help to set up 3,800 electronic computer rooms at an estimated cost of Rs 60 crore. The initiative is aimed at improving the functioning of the judiciary and building advanced courts for the new India.
  • For five years, The Cabinet also approved assistance of Rs 50 crore. However, these funds will be released to the States only after the notice has been issued on the Grama Niladhari site of the Judiciary, after the Grama Niladhari has come into use and an officer has been appointed. The implementation of this project will be reviewed after one year.
Cabinet approves National AYUSH Movement to continue as Centrally Sponsored Scheme
  • From 01-04-2021 to 31-03-2026 Rs. 4607.30 crore (Rs. 3000 crore from the Central Government and Rs. 1607.30 crore from the State Government) has been approved by the Union Cabinet headed by Prime Minister Narendra Modi.
  • Providing low cost AYUSH services, upgrading facilities at AYUSH Hospitals and Primary Health Centers, Community Medical Centers and District Hospitals, Strengthening Institutional Capacity by upgrading AYUSH Educational Institutions, Developing 50 Bed Integrated AYUSH Hospitals and AYUSH General Medicine Programs, 12500 AYUSH Health And setting up of welfare centers are among the objectives of the National AYUSH Movement with a centrally funded program
6 new medical colleges approved by the Union Cabinet
  • The Union Cabinet meeting chaired by Prime Minister Narendra Modi convened again in Delhi a year later. At that time, Union Minister Anurag Singh Thakur said that the Prime Minister-led Cabinet had approved the setting up of six new medical colleges to study Indian medicine, including Siddha and Ayurveda.
Union Cabinet approves renaming of Northeast Medical Center as Northeast Ayurveda and Medical Research Center
  • A Cabinet meeting chaired by Prime Minister Narendra Modi approved the renaming of the Northeastern Medical Center as the Northeastern Ayurvedic and National Medical Research Center.
  • The integration of Ayurveda with the Country Medicine Center will greatly benefit the people in the Northeast to engage in quality education and research in Indigenous Medicine and Research.
  • The center offers a variety of opportunities not only for students studying Ayurveda and folk medicine in India but also for students from neighboring countries like Tibet, Bhutan, Mongolia, Nepal, China and other Central Asian countries.

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