Cavalier India Defence Training Academy

Minister of state for defence Shripad Naik said the number of women serving the Navy is 704 while the strength of men in the force is 10,108. The figure is in respect of women officers only as women are inducted at officer level at present. Women have been employed as officers in Indian Navy since 1992 where in only three streams were available to them namely law, education and logistics. The Indian Navy has the maximum percentage of women in its workforce among the three services at 6.5 per cent, according to details provided by the government in Rajya Sabha on Monday. The percentage of women in the Army and the Indian Air Force is 0.56 and 1.08 respectively. In a written reply to a question, Minister of state for defence Shripad Naik said 6,807 women are employed in the Army while the number of men serving the force is 12,18,036. "There has been an increase in the number of women personnel in the armed forces (excluding medical, dental and nursing cadres) during the year 2020 co...

Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the ongoing Monsoon Session of Parliament in New Delhi. (Image | The Hindu) It protects defaulting companies from insolvency proceedings for at least six months Context:      Both the houses of Parliament passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, which provides that insolvency proceedings against defaulting companies will not be initiated for at least six months starting from March 25. Merits of the amendments to IBC IBC is not a recovery law -  The creditors, including MSMEs (micro, small and medium enterprises), had several other options to recover their claims. The proposed amendments, brought in the form of an Ordinance on June 5, suspended the application of three provisions to prevent any company, stressed due to the COVID-19 situation, from being pushed into insolvency proceedings. A provision for further extension of six months has also been given. The initial six-m...