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Sea Cucumber

PT Cards 20-Sep-2021

In a swift operation, the Indian Coast Guard (ICG) team at Mandapam, Tamil Nadu seized two tonnes of sea cucumber. Working on a tip-off about illegal transhipment of sea cucumber, the ICG team swung into action and tracked the suspect boat involved in likely smuggling.

The need for a ‘bad bank’

Current Affairs 20-Sep-2021

The Union Cabinet recently approved a ₹30,600-crore backstop facility for guaranteeing securities to be issued by the National Asset Reconstruction Company Ltd. (NARCL).The NARCL, also called ‘bad bank’, is being set up to help aggregate and consolidate lenders’ non-performing assets (NPAs) or bad loans.

Significant increase in MSP for oilseeds 

Current Affairs 20-Sep-2021

The Union government recently announced higher Minimum Support Price (MSP) for rabi crops to boost their production. Notably, crops such as oilseeds and pulses have witnessed a higher percentage rise in their MSP when compared to major crops such as wheat.

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