CrackitToday App

Second Advance Estimates Of National Income 2020-21

Second Advance Estimates Of National Income, 2020-21: The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the Second Advance Estimates of National Income, 2020-21 at Constant (2011-12) and Current Prices. The growth in GDP during 2020-21 is estimated at -8.0 percent as compared to 4.0 percent in 2019-20. GDP at Current […]

Competition Commission Of India : Regional Office (South) in Chennai

Competition Commission of India (CCI): Union Minister for Finance and Corporate Affairs inaugurated the Competition Commission of India’s (CCI) Regional Office (South) in Chennai. Status: A statutory body established under the provisions of The Competition Act, 2002. Established in: 2003. A Chairperson and 6 Members appointed by the Central Government. Headquarters: New Delhi. Preceding agency: […]

E-Daakhil Portal : Highlights

E-Daakhil Portal: E-Daakhil portal for Consumer grievance redressal is now operational in 15 States/UTs. Department of Consumer Affairs is now proactively following up with the states to launch e-filing portal at their ends. E-filing was launched by National Consumer Dispute Redressal Commission (NCDRC) on 7th September 2020. Delhi was the first state to implement it […]

What Is Inflation Targeting?

Inflation Targeting: The Reserve Bank of India (RBI) in its Currency and Finance (RCF) report for the year 2020-21 has said that the current inflation target band (4% +/-2%) is appropriate for the next 5 years. Inflation Targeting: It is a central banking policy that revolves around adjusting monetary policy to achieve a specified annual […]

Genetically Modified Organisms (GMO) : 1% Threshold

1% Threshold For Genetically Modified Organisms (GMO): The Food Safety and Standards Authority of India (FSSAI) in a recent order has set 1% threshold for Genetically Modified Organisms (GMO) in food crops imported into India. Earlier in August 2020, FSSAI had issued the order that 24 food crops the country imports would need a ‘non-GM-origin-cum-GM-free […]

Global Bio-India 2021 : Key Points

Global Bio-India 2021 To showcase the strength and opportunities of India’s biotechnology sector at the national level and to the global community, the second edition of Global Bio-India will be organized from 1-3 March 2021 on the digital platform. The theme for this year is “Transforming lives” and tag line “Biosciences to Bioeconomy” Global Bio-India […]

President’s Rule In Puducherry : Key Points

President’s Rule In Puducherry: President’s Rule has been imposed in the Union Territory of Puducherry, on the recommendation of the Lieutenant Governor, after the established government lost power during a vote of confidence. The President was satisfied that a situation had arisen in which the administration of the Union Territory of Puducherry could not carry […]