`Connecting Through Culture` was introduced by Dr. S. Jaishankar at Sushma Swaraj Bhawan.
An collection of essays on many facets of India`s soft power strengths, "Connecting through Culture," was released by External Affairs Minister S. Jaishankar.
Highlights:
- At Sushma Swaraj Bhavan in New Delhi, India, the External Affairs Minister, S. Jaishankar, presented "Connecting through Culture," an anthology of essays on many facets of India`s soft power strengths.
- The Minister explained the book as a good cop in diplomacy and also said that it could be used to motivate others to work with India because it creates comfort about India.
- It takes various aspects of India, and to some degree, it also brings out the familiarity with different facets of India.
- The anthology is a significant contribution to understanding India, appreciating and valuing India in many ways.
The Sardar Patel Award of ICAR was given to National Academy of Agricultural Research Management.
The Sardar Patel Outstanding ICAR Institute Award for 2021 was given to the National Academy of Agricultural Research Management (NAARM).
Highlights:
- The National Academy of Agricultural Research Management (NAARM) received the Sardar Patel Outstanding ICAR Institute Award 2021.
- for its overall performance.
- Director of NAARM Ch Srinivasa Rao received the award from the Union Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar in New Delhi.
- The awards were given at a function to celebrate the 94th Foundation Day of the ICAR.
About the NAARM:
- NAARM is short for National Academy of Agricultural Research Management. It is a national-level Natural Resource Service training institute for ARS cadre located in Hyderabad, Telangana, India.
- In 1976, NAARM was established by the Indian Council of Agricultural Research, to address problems related to agricultural research and education management, in India.
RBI Adopted a 4-Tier Regulatory Structure for Urban Cooperative Banks
The RBI made the decision to create a four-tiered regulatory structure to increase the financial stability of Urban Co-operative Banks (UCBs).
Highlights:
- To improve the financial soundness of Urban Co-operative Banks (UCBs), the RBI decided to form a 4-tiered regulatory framework.
- A board of experts led by N S Vishwanathan, a former RBI deputy governor had presented many suggestions for improving UCBs.
- With other recommendations, the committee suggested a 4-tiered regulatory structure depending on the size of the banks’ deposits and the regions in which they functioned.
- For Factors, such as net worth, the Capital to Risk-weighted Assets Ratio (CRAR), exposure limitations, and branch expansion, a differentiated regulatory approach was advised.
- A vital component of the recommendations was belonging to an umbrella organisation. The RBI agreed to a number of committee recommendations.