Council Of Scientific And Industrial Research (CSIR): The Prime Minister chaired a meeting of the Council of Scientific and Industrial Research (CSIR) Society through video conference. Earlier CSIR Floriculture Mission was approved for implementation in 21 States and Union Territories of India. It is also planning to undertake genome sequencing of a sample of nearly […]
Category: Economics Current Affairs
SAGE Portal
SAGE Portal: The Minister of Social Justice and Empowerment, launched the SAGE (Seniorcare Aging Growth Engine) initiative and SAGE portal to support India’s elderly persons. The SAGE portal will be a “one-stop access” of elderly care products and services by credible start-ups. The SAGE portal will be opened for applications from 5th June 2021 onwards. […]
World Energy Investment Report, 2021
World Energy Investment Report, 2021: The International Energy Agency (IEA) published the World Energy Investment Report, 2021. Increased Investment in Energy Sector: Global energy investment is expected to rebound in 2021 and increase 10% year-on-year to around USD 1.9 trillion. Most of this investment will flow towards power and end-use sectors, shifting out of traditional […]
Hisaab Ki Kitaab
Hisaab Ki Kitaab: Union Minister of Corporate Affairs launched “Hisaab Ki Kitaab”. Hisab Ki Kitaab is a series of 6 short films/modules of Investor Education & Protection Fund Authority (IEPFA). It has been developed by CSC eGov as a part of their training tool. There are 6 short films/ modules of 5 minutes duration each […]
Operation Sagar Aaraksha-II.
Operation Sagar Aaraksha-II.: Indian Coast Guard (ICG), in coordination with Sri Lankan authorities, has been tirelessly engaged in fighting a major fire on board the Chemical laden container vessel MV X-Press Pearl anchored off Colombo since 25 May 2021. The coordinated joint operation between India and Sri Lanka undertook to respond to potential environmental danger […]
Fixation Of Minimum Wages And National Floor Minimum Wages.
Fixation Of Minimum Wages And National Floor Minimum Wages: The Ministry of Labour & Employment has constituted the Expert Group to provide recommendations to the government on the fixation of Minimum Wages and National Floor Minimum Wages. The Group has been constituted for a period of three years from the date of notification. The Expert […]
World Employment And Social Outlook Trends Report 2021
World Employment And Social Outlook Trends 2021 Report: ILO: The International Labour Organisation (ILO) has released the World Employment and Social Outlook: Trends (WESO) report 2021. Impact of Covid: It has pushed over 100 million more workers into poverty worldwide. The world would be 75 million jobs short at the end of this year compared […]
New Pension Rules For Civil Servants
New Pension Rules For Civil Servants: The Central Government has amended its pension rules putting new restrictions on officials of intelligence and security organizations after retirement. The government has amended Rule-8(3)(a) of the CCS (Central Civil Services) Pension Rules-1972. The Centre has notified Central Civil Services (Pension) Amendment Rules, 2020. The said rules were first […]
What is Digital Services Tax?
Digital Services Taxes: The United States recently announced 25% tariffs on over $2 billion worth of imports from six nations over their digital services taxes, but immediately suspended the duties to allow time for international tax negotiations to continue. The S. Trade Representative’s office had approved the threatened tariffs on goods from Britain, Italy, Spain, […]
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 […]
