Digital Rupee: Union Budget Finance Minister Nirmala Sitharaman has announced the launch of the Digital Rupee — a central bank digital currency (CBDC) — 2022-23 onwards. The Reserve Bank of India will launch the CBDC from the upcoming financial year. A Central Bank Digital Currency (CBDC), or national digital currency, is simply the […]
Project To Link Five Rivers: Union Budget 2022 Updates
Project To Link Five Rivers: Union Finance Minister Nirmala Sitharaman has proposed a project to link five rivers in India in her budget speech. The rivers identified for linking are: Godavari-Krishna, Krishna-Pennar and Pennar-Cauvery, Damanganga-Pinjal and Par-Tapi-Narmada. Krishna, the fourth largest river in India, originates in Mahabaleshwar in Maharashtra and flows through Maharashtra, Karnataka, Telangana […]
Nal Se Jal Yojana : Union Budget 2022 Updates
Nal Se Jal’ Yojana:Union Budget An allocation of Rs 60,000 crore has been made to cover 3.8 crore households in 2022-23 under Har Ghar, Nal Se Jal scheme. Nal Se Jal Yojana Launched in 2019. Nodal Agency: Ministry of Jal Shakti Aim: To provide piped drinking water to every rural home by 2024 It is […]
Contempt Of Court
Contempt Of Court: Chief Justice of India N.V. Ramana has agreed to immediately list for hearing a petition to initiate contempt action against Haryana authorities for not reining in ‘hooligans’ who have created an ‘atmosphere of communal hatred and terror’ for worshippers offering Friday prayers in Gurugram. The petition condemned the inaction of the Haryana […]
Daily Current Affairs for UPSC IAS: 2nd February 2022
Today Current Affairs: 2nd February 2022 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
World Neglected Tropical Diseases Day
World Neglected Tropical Diseases Day: Neglected tropical disease day is observed every year on 30th January. It was declared in the 74th World Health Assembly (2021). The proposal to recognise the day was floated by the United Arab Emirates. It was adopted unanimously by the delegates. The World Health Assembly is the decision-making body of […]
National Commission For Women (NCW)
National Commission For Women (NCW): The 30th Foundation Day (31st January) of the National Commission for Women (NCW) was celebrated. According to the Prime Minister, given the evolving needs of women in the country, the scope of NCW must be broadened. The Committee on the Status of Women in India (CSWI) recommended nearly five decades […]
What is Reverse Repo Normalisation?
Reverse Repo Normalisation In India: In a recent report, State Bank of India has stated that it believes the stage is set for a Reverse Repo Normalisation in India. The Repurchase agreement (Repo) and the Reverse repo agreement are two key tools used by the Reserve Bank of India (RBI) to control the money supply. […]
Union Budget 2022: Highlights
Union Budget 2022 Highlights: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 on February 1. She said that the Budget proposals for this financial year rest on health and well-being, infrastructure, inclusive development, energy transition and climate action, financing of investments and ‘Minimum Government, Maximum Governance’. India’s economic growth estimated at 9.2% to […]
Economic Survey 2021-22 : Highlights
Economic Survey 2021-22: Highlights The Economic Survey 2021-22 was tabled in Parliament by the Finance Minister soon after the President’s address to both Houses of Parliament. The central theme of this year’s Economic Survey is the “Agile approach”, implemented through India’s economic response to the COVID-19 Pandemic shock. The preface of Economic Survey states that […]
