 The Insolvency and Bankruptcy Board of India (IBBI) has signed a cooperation agreement with the International Finance Corporation (IFC) to assist IBBI in further building the capacity of insolvency professionals and insolvency professional agencies for the purpose of the bankruptcy code. |
| Strengthening IBBI IBBI established under the Insolvency and Bankruptcy Code, 2016 provides a platform for re-organisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of the value of assets, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders. IBBI exercises regulatory oversight over the insolvency professionals, insolvency professional agencies and information utilities. Under the Insolvency and Bankruptcy Code, 2016 IBBI prescribes and enforces rules for processes, namely, corporate insolvency resolution, corporate liquidation, individual insolvency resolution and individual bankruptcy. IFC would assist IBBI in the effective implementation of the Code and its allied rules and regulations by assisting in further building the capacity of insolvency professionals and insolvency professional agencies for the purpose of the bankruptcy code. |
 President Ram Nath Kovind presented the Nari Shakti awards, 2018 on the occasion of International Women’s Day on 8th March. Nari Shakti awards are the highest civilian honour for women in India. 44 Nari Shakti awards were presented for the year 2018 and the awardees include Scientists, entrepreneurs, environmentalists, social workers, farmers, artists, masons, a woman marine pilot, a woman commando trainer, journalists and film-makers. Nari Shakti Puraskar was also awarded to One Stop Centre of Lucknow and Tamil Nadu State Social Welfare and Nutritious Meal Department. Tamil Nadu State Social Welfare and Nutritious Meal Department got the award for exceptional progress in improving child sex ratio at birth under the Beti Bachao Beti Padhao scheme. One Stop Centres are established by the Ministry of Women and Child Development for violence affected women in all districts of the country. One Stop Centres provide 24×7 integrated services to women affected by violence under one roof, including handholding them in the filing of FIRs, providing them legal aid, medical aid, psycho-social counselling and temporary shelter up to 5 days. |
| Nari Shakti Awards Nari Shakti Awards, earlier known as Stree Shakti Awards was constituted by the government of India in the year 1991. Nari Shakti Awards provide an opportunity to understand the contribution of women in the building of society and the nation. Nari Shakti Awards are conferred on eminent women and institutions rendering distinguished service to the cause of women especially belonging to the vulnerable and marginalized sections of the society by the Ministry of Women and Child Development. The recipients include both institutions and individuals. |
 The bilingual correspondent with the BBC Priyanka Dubey has been named for the Chameli Devi Jain Award for an Outstanding Woman Journalist for the year 2018. The jury honoured Priyanka Dubey for her multi-faceted, investigative and interrogative reportage which took up the burning and complex social and political issues and uncovering the reality underlying them showing them to be layered, complex, and variegated. The Chameli Devi Jain Award awards women journalists for their exceptional contribution to the cause of journalism upholding standards of excellence through a sustained body of work. The Chameli Devi Jain Award named after the freedom fighter, Chameli Devi Jain who held demonstrations against the foreign goods on the call of Gandhiji and got arrested. She was Gandhian and spun chakra. She would attend meetings with other women on matters of community reform, like widow remarriage. |
 Raghuram Rajan, former governor of RBI has been chosen for the ‘Yashwantrao Chavan National Award 2018’ by Yashwantrao Chavan Prathisthan for his contribution to economic development. Raghuram Rajan will be presented with the award at the 106th birth anniversary of Yashwantrao Chavan on March 12. Raghuram Rajan is credited with steering Indian economy during turbulent times during the post-global financial crisis period. He is credited for positioning Indian currency as among the best-performing emerging markets amid a global currency rout against the dollar as emerging markets witness a major capital flight not seen since the collapse of Lehman Brothers in 2008. During his tenure in RBI, he oversaw some key reforms in monetary policy management and in the administration of the central bank. Raghuram Rajan had also served as the chief economist of IMF and had famously predicted the 2008 financial crisis in 2005. |
| Yashwantrao Chavan Prathisthan After the death of Yashwantrao Chavan, Yashwantrao Chavan Prathisthan was constituted by his followers and associates to take forward his works. Yashwantrao Chavan was the first Chief Minister of State of Maharashtra and has also served as Deputy Prime Minister of India in the cabinet of Prime Minister Charan Singh between 1979-1980. Born on 12 March 1913 in Devrashtre village of Satara District of Maharashtra, Yashwantrao Chavan was largely influenced by the Indian freedom struggle movements. He had participated in the Non-cooperation movement and Quit India movement. During the course of time, he become closely associated with leaders like Jawaharlal Nehru, Sardar Patel. After Independence, he held several important positions in the government of Maharashtra and in the government of India. Yashwantrao Chavan died of a heart attack on 25 November 1984. The Yashwantrao Chavan National Award constituted by the Yashwantrao Chavan Prathisthan honours individuals and institutions for their outstanding contribution to national integration, and social and economic development. |
 The Union Minister for Petroleum and Natural Gas Dharmendra Pradhan handed over the Seven Croreth LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY). The PMUY was launched by the Prime Minister Narendra Modi on 1st May 2016 with an initial target of five crore LPG connections, which was later revised upward to eight crores connections. |
Pradhan Mantri Ujjwala Yojana
Pradhan Mantri Ujjwala Yojana (PMUY) aims to safeguard the health of women & children by providing them with a clean cooking fuel – LPG, so that they don’t have to compromise their health in smoky kitchens or wander in unsafe areas collecting firewood. Under this scheme, LPG connections will be provided to BPL families with a support of Rs.1600 per connection. The connection is provided in the name of the adult women of the family. Further, an option is provided to provide a loan at zero interest to bear the cost of the cooking stove and first refill which has to be paid by the beneficiary.
Some of the significant achievements of the scheme are:
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 The World Bank, Government of India and representatives from the states of Karnataka, Kerala, Odisha, Tamil Nadu and Uttarakhand signed Loan Agreement for additional financing of $137 Million for the Dam Rehabilitation and Improvement Project (DRIP) that will help rehabilitate and modernize over 220 selected large dams. This additional funding of $137 million will be used for the construction of an additional spillway for Hirakud Dam in Odisha and in rehabilitation and improvement of other dams including strengthening the institutional, legal and technical framework for dam safety assurance within the Government of India and in the participating States. |
| Dam Rehabilitation and Improvement Project Ministry of Water Resources, River Development & Ganga Rejuvenation through Central Water Commission with an objective to improve safety and operational performance dams, along with institutional strengthening with system-wide management approach, embarked upon the six-year Dam Rehabilitation and Improvement Project (DRIP) in 2012 with World Bank assistance at a cost of INR 2100 Crore (US$M 437.5). In India Rainfall occurs mainly in intense and unpredictable downpours within short monsoon seasons, is of high temporal and spatial variability and does not meet year-round irrigation and other water demands. Hence storage of water is essential for India and the dams play a key role in fostering rapid and sustained agricultural and rural growth and development. These dams benefit millions of people and therefore needs to be strengthened with more investment in their operations and maintenance. Dam Rehabilitation and Improvement Project act as a “lighthouse” showcasing how best to make dams fully operational and safe in a technically sound and sustainable manner. |
 Lok Sabha 2019 elections start from April 11, in seven phases, says Election Commission. Code of Conduct for parties kicks in from 10th March and there are close to 90 crore eligible voters. Date of counting will be on the 23rd of May 2019. |
Schedule of Lok Sabha polls-
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| Source-Live Mint |
 India and Costa Rica signed two documents during Vice President Venkaiah Naidu’s first visit to the Central American nation. The documents were signed and exchanged following talks between Naidu and Costa Rican President Carlos Alvarado Quesada. The 2 agreements were signed on waiving visa requirements for Diplomatic and Official passport holders and the signing of the Letter of Intent to collaborate in the field of Biotechnology. |
| Source- ANI News |
 The government of Madhya Pradesh has announced the increase of the reservation quotas for the OBCs and has stated that it would also implement 10 per cent quota for the Economically Weaker Sections (EWS) under the general category. The government has proposed to increase the reservation for OBCs from the current 14% to 27%. Madhya Pradesh already has 36% reservation for scheduled castes and tribes. The increase in the reservation for OBCs and 10% reservation for EWS will take the reservation in the state to 73%. |
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 The government of Uttarakhand has launched the Mukhyamantri Anchal Amrit Yojana to provide milk at the Anganwadi Centres.
About the Scheme
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| Nutritional Value of Milk Milk as a source of Protein, Calcium, Vitamins provides benefits like building and maintaining bone and teeth, improving the performance of the nerve system, helping in growth, improving the digestion process, boosting the immunity, treating the dehydration and providing the body with energy. |
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