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Competition Commission of India

  Competition is the best means of ensuring that the ‘Common Man’ or ‘Aam Aadmi’ has access to the broadest range of goods and services at the most competitive prices. With increased competition, producers will have maximum incentive to innovate and specialize. This would result in reduced costs and wider choice to consumers. A fair competition in market is essential to achieve this objective. Our goal is to create and sustain fair competition in the economy that will provide a ‘level playing field’ to the producers and make the markets work for the welfare of the consumers. The Competition Act The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India. Competi...

Siruvani Dam

Siruvani dam  is a dam in  Palakkad District ,  Kerala  located 46 km away from  Palakkad  town. This dam constructed across the  Siruvani River , is for supplying drinking water to the city of  Coimbatore  in  Tamil Nadu . The dam is surrounded by reserve forests. Muthikulam hill is situated on the eastern side of the dam. There is a natural waterfall in the hill. The waterfalls and the Dam are big tourist attractions. The famous 150-year-old Pattiyar Bungalow is on the banks of the Siruvani Reservoir. An agreement was executed in August 1973 between the state Governments for drinking water supply to Coimbatore town and neighbouring areas from the Siruvani Dam. The location being in the state of Kerala, the project was executed by the Kerala Public Works Department using the funds made available by the Tamil Nadu Government. https://en.wikipedia.org/wiki/Siruvani_Dam

National Initiative for Promotion of Upskilling of Nirman workers (NIPUN)

  DAY-NULM is a Centrally Sponsored Scheme, being implemented since 2014-15, with the aim to reduce poverty and vulnerability of urban poor households in the country by enabling them to access self-employment and skilled wage employment opportunities, resulting in an appreciable improvement in their livelihoods on a sustainable basis. The National Skill Development Corporation (NSDC), the nodal agency under the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, will be the Implementation Partner for the project NIPUN. The project implementation is divided into three parts - training through Recognition of Prior Learning (RPL) at construction sites, training through Fresh Skilling by Plumbing and Infrastructure SSC and International Placement through industries/ builders/ contractors. Onsite skill training will be provided to approximately 80,000 construction workers through industry associations under the RPL certification, co-branded with MoHUA, whil...

Hybrid securities, Real Estate Investment Trust (REIT) & Infrastructure Investment Trust (InvIT)

Hybrid securities are securities that have a combination of debt and equity characteristics. The original hybrid security was preferred stock, representing ownership in a company (like equity) but having fixed payments (like bonds). Since then, companies have structured securities in many different ways. Many are structured in ways similar to debt, allowing the owner to receive a cash flow (floating or fixed) with a periodic rate of return, but also have options for conversion to equity.  Hybrid securities are beneficial to investors because they provide investors with protection during bankruptcy as compared to common stock. That is, hybrid investors are eligible to be paid before common stockholders in bankruptcy. Additionally, hybrid securities generally provide a higher rate of return then the typical debt instruments. Hybrids can also be tailored to meet their individual investor’s needs. The complexity of some of these new structures can cause reporting institutions to be inc...

Sickle Cell Disease

  Sickle cell disease (SCD), or sickle cell anaemia, is a major genetic disease that affects most countries in the African Region. In sickle cell disease, the normal round shape of red blood cells become like crescent moons. Round red blood cells can move easily through the blood vessels but sickled shaped cells interconnect and can result in blood clots. These blood clots can cause extreme pain in the back, chest, hands and feet. The disrupted blood flow can also cause damage to bones, muscles and organs. People with sickle cell disease often feel weak, tired and look pale. The whites of the eyes and skin often have a yellowish tint. Environmental factors often play a role in the occurrence of painful attacks. Common triggers include cold temperatures, dehydration, excessive amounts of exercise and tobacco smoke. Other triggers such as plane flights and high altitudes can also trigger an attack. In the Region, the majority of children with the most severe form of the disease die b...