Off-Budget Borrowing: One of the most sought after details in any Union Budget is the level of fiscal deficit. As such, it is keenly watched by rating agencies — both inside and outside the country. That is why most governments want to restrict their fiscal deficit to a respectable number. One of the ways to […]
Month: January 2021
35th Pragati Meeting – Objective and Significance
35th Pragati Meeting: The Prime Minister of India recently chaired the 35th edition of Pro-Active Governance And Timely Implementation (PRAGATI) – the Information and Communication Technology (ICT) based multimodal platform, involving Central and State governments. Ten projects were taken for review involving a total investment of Rs. 54,675 crore. A review of Pradhan Mantri Bhartiya […]
Introduction of Cyber Insurance Policy of IRDAI – Keypoints
Cyber Insurance Policy: A committee set up by the Insurance Regulatory and Development Authority of India (IRDAI) has recommended the introduction of a cyber insurance policy. Cyber insurance policy is a risk transfer mechanism for cyber risk. Cyber risk is commonly defined as exposure to harm or loss resulting from breaches of or attacks on […]
Daily Current Affairs for UPSC IAS: 27th January 2021
Today Current Affairs: 27th January 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Ayushman Bharat Health Scheme for Central Armed Police Forces: Keypoints
Ayushman Bharat health scheme for Central Armed Police Forces: Ayushman CAPF scheme was launched recently, extending the benefit of the central health insurance programme to the personnel of all armed police forces in the country. Key features of the scheme: Under this scheme, around 28 lakh personnel of CAPF, Assam Rifles and National Security Guard […]
50 Years of India – Bangladesh Relationship
50 Years of India Bangladesh Relations: Commemorating 50 years of the 1971 India-Pakistan war that led to the liberation of Bangladesh, a 122-member contingent of the Bangladesh Armed Forces has recently participated in the 72nd Republic Day parade. This year, India and Bangladesh are also celebrating 50 years of the establishment of their ties. This […]
World Economic Outlook Report 2021: Keypoints
World Economic Outlook: IMF The latest World Economic Outlook of the International Monetary Fund (IMF) has estimated that India’s Gross Domestic Product (GDP) will grow by 11.5% in the Financial Year (FY) 2021-22. India Specific Projections: FY 2020-21: For the current fiscal, the IMF had forecast a record 10.3% contraction. FY 2021-22: For the next […]
Global Investment Trends Monitor Report 2021: Keypoints
Investment Trends Monitor Report: UNCTAD: According to the recent Investment Trends Monitor Report issued by the United Nations Conference on Trade and Development (UNCTAD), global Foreign Direct Investment (FDI) collapsed in 2020 by 42% to an estimated USD 859 billion from USD 1.5 trillion in 2019. Such a low level was last seen in the […]
What is Transit-Oriented Development (TOD) concept in the NCR.
Transit-Oriented Development (TOD) concept: The redevelopment of the New Delhi Railway Station (NDLS) has become the first project to be undertaken on the Transit-Oriented Development (TOD) concept in the NCR. The project has been approved by the Rail Land Development Authority (RLDA) which is a statutory body under the Ministry of Railways responsible for the […]
What is a a Legal Referendum in relation to Scotland?
Legal referendum: Scotland’s First Minister Nicola Sturgeon recently said she planned to hold a legal referendum on independence from Britain despite Westminster’s opposition, as an opinion poll showed a majority would vote yes. The referendum for Scottish independence was held in 2014. Scotland had voted to remain in the UK. The Act of Union between […]
