SPECTRUM MODERN HISTORY

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SPECTRUM MODERN HISTORY 
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Civil defence volunteers:

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  Civil defence volunteers: Context: The Delhi Police recently issued a statement, pointing out that  civil defence personnel,  also known as  Delhi Civil Defence (DCD) volunteers,  have no power to stop people using police barricades and prosecute them for violation of Covid-19 appropriate behaviour such as not wearing masks. What’s the issue? From being lauded for their work during the pandemic to facing allegations of high-handedness, the role of the civil defence volunteers in the national capital has come under intense scrutiny in the recent past. One such incident recently turned into a full blown fist-fight between a group of civil defence personnel and general public near IIT-Delhi. So, who are these civil defence volunteers? In Delhi, these are men and women who  work under the command of the district magistrates. The  overall command lies with the divisional commissioner,  to which the DMs report. These volunteers are  governed by t...
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RBI extends fresh support of ₹50,000 cr. to NABARD:

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  RBI extends fresh support of ₹50,000 cr. to NABARD: Context: To help mitigate the impact of the pandemic and aid economic revival, the RBI said it would extend  fresh support of ₹50,000 crore to the All India Financial Institutions for new lending in FY22.   Details: Accordingly,  NABARD will be provided a special liquidity facility (SLF)  of ₹25,000 crore for one year to support agriculture and allied activities, the rural non-farm sector and non-banking financial companies-micro finance institutions. An SLF of ₹10,000 crore will be extended to the National Housing Bank for one year to support the housing sector. SIDBI will be provided ₹15,000 crore under this facility for up to one year for funding of micro, small and medium enterprises (MSMEs). About NABARD: It is an apex development and specialized bank established on 12 July 1982 by an act by the parliament of India. Its main focus is to uplift rural India by increasing the credit flow for elevation of ag...
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