daily-news-prescription-11th-february-2021

Polity: GS2    

Economy:GS3 

  • Explained: The move to privatise banks (IE) The Budget proposes to privatise two PSU banks this financial year. Why was the need felt, 51 years after nationalisation of govt-owned banks? A look at the banking sector’s concerns, and moves to address them.
  • Ambedkar Social Innovation and Incubation Mission Under VCF-SC (PIB) The Ministry of Social Justice & Empowerment, Government of India in order to boost entrepreneurship and innovation among the SC students/SC Divyang youth has launched Ambedkar Social Innovation and Incubation Mission (ASIIM) under Venture Capital Fund for Scheduled Castes (VCF-SC) on 30th September 2020.

Economy: Infra GS3    

Science & Technology: GS3    

  • National Monsoon Mission (PIB) Under the Monsoon Mission, Ministry has developed the state-of-the-art weather and climate prediction models, which are now in operational use. These models include models for short range to medium range (1-10 days), extended range (10days to 30 days) and seasonal (up to one season). The models developed under the National Monsoon Mission (NMM) have shown very high skill in predicting important weather events on different time scales during the last 3years.