Production Linked Incentive (PLI) Scheme For KSM/Drug Intermediates and API The Department of Pharmaceuticals has accorded approvals under Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs). The Department of Pharmaceuticals has launched this scheme with an objective to attain […]
GDP Contracted By 7.3% In 2020-21
GDP Contracted By 7.3% In 2020-21: India’s Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA) in the economy shrank 6.2% in 2020-21, compared to a […]
Second Positive Indigenisation List in Defence Sector
Second Positive Indigenisation List: Ministry of Defence (MoD) has notified the ‘Second Positive Indigenisation List’ of 108 items to promote indigenization in the Defence sector and defense exports. This will give a further boost to indigenization with the active participation of the public and private sectors for fulfilling the twin objectives of achieving self-reliance […]
Index Of Eight Core Industries (ICI) : April 2021
Index Of Eight Core Industries (ICI) For The Month Of April 2021.: The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries (ICI) for the Month of April 2021. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, […]
Daily Current Affairs for UPSC IAS: 31st May 2021
Today Current Affairs: 31st May 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Centre Extends Powers Related To Citizenship Application
Centre Extends Powers Related To Citizenship Application: The Central Government issued a notification granting powers related to citizenship applications under existing rules to authorities of five states. The order has been issued under the Citizenship Act, 1955 and the Citizenship Rules, 2009 and not under the Citizenship Amendment Act, 2019 since its rules have not […]
The Economic Community of West African States (ECOWAS)
The Economic Community of West African States (ECOWAS): The Economic Community of West African States (ECOWAS) is attempting to mediate to solve the crisis in Mali. Since 1960, when Mali gained independence from France, there have been five coups — and only one peaceful transition from one democratically elected president to another. Recent coup: Nine […]
PM CARES For Children
PM CARES For Children: The scheme has been launched for support & empowerment of Covid affected children. All children who have lost both parents or surviving parents or legal guardian/adoptive parents due to Covid 19 will be supported under the scheme. Features of the scheme: Fixed Deposit in the name of the child: A corpus […]
Monsoon Forecast: India Meteorological Department (IMD)
Monsoon Forecast: India Meteorological Department (IMD): The arrival of the southwest monsoon over Kerala has been delayed to June 3, the India Meteorological Department (IMD). The agency had last month forecast that the onset would be on May 31. Skymet, a private weather forecast agency, however, said the monsoon had arrived. This was because two […]
Emergency Credit Line Guarantee Scheme
Emergency Credit Line Guarantee Scheme: On account of the disruptions caused by the second wave of COVID 19 pandemic to businesses across various sectors of the economy, Government has further enlarged the scope of Emergency Credit Line Guarantee Scheme as under. ECLGS 4.0: 100% guarantee cover to loans up to Rs.2 crore to hospitals/nursing homes/clinics/medical […]