Global Gateway Plan: EU The European Commission has announced a plan, called Global Gateway, to mobilise EURO 300 billion by 2027 in public and private infrastructure investment around the world. Although the plan doesn’t mention China, it is seen as a response to China’s Belt and Road strategy. About Global Gateway Plan: Developmental Dimensions: With […]
Category: Current Affairs
Ujjwala Scheme Latest Update
Ujjwala Scheme: The Pradhan Mantri Ujjwala Yojana saw a spurt in new distribution just before the 2019 general election as per RTI (Right To Information) plea. The target under the scheme was to release 8 crore LPG connections to the deprived household by 2020. This was achieved in August 2019, seven months ahead of the […]
Omicron Cryptocurrency Price Surge
Cryptocurrency: A relatively lesser known cryptocurrency token named after the Greek letter Omicron saw its price surge more than 10 times in a matter of two days outperforming top digital currencies like Bitcoin and Ethereum, soon after the World Health Organization (WHO) named the latest Covid-19 variant of concern Omicron. From Friday to Monday morning, […]
Abundance Of Lithium In Stars
Abundance Of Lithium In Stars: Scientists have found a clue to the mystery behind the high abundance of Lithium in some evolved stars. The mystery is the reason behind the high abundance of Lithium in stars, which according to predicted models must get destroyed in the hot plasma of the star. Lithium is a trace […]
Roshni Act: Jammu And Kashmir
Roshni Act: Jammu And Kashmir A year after the High Court struck down the Roshni Act, the Jammu and Kashmir government has now begun an exercise to retrieve the land granted under this Act to beneficiaries. There are allegations related to irregularities in the implementation of the Jammu and Kashmir States Land (vesting of ownership […]
Veer Savarkar in News
Veer Savarkar: Central Information Commissioner (CIC) Uday Mahurkar recently said the era of V D Savarkar, known as the architect of Hindutva ideology, has already set in in India and that his personality is above Bharat Ratna, the highest civilian honour. A quote attributed to Savarkar has been going around in academic circles which shows […]
InFinity Forum 2021
InFinity Forum: Prime Minister Narendra Modi will inaugurate InFinity Forum, a thought leadership Forum on FinTech, on 3rd December, 2021 at 10 AM via video conferencing. The event is being hosted by International Financial Services Centres Authority (IFSCA), under the aegis of Government of India in collaboration with GIFT City and Bloomberg on December 3 […]
Barbados: World’s Newest Republic
Barbados: Nearly 400 years after the country became a British colony, Barbados has become the world’s newest republic. The Caribbean island nation removed Queen Elizabeth II as the head of the state in a ceremony attended by Prince Charles. Barbados, however, will continue to be one of the 54 Commonwealth nations. Dame Sandra Prunella Mason, […]
India’s GDP Growth in Q3 2021
India’s GDP: India’s gross domestic product (GDP) grew by 8.4% in the July to September quarter, compared to a 7.4% contraction a year ago, with the economy’s gross value added (GVA) rising 8.5%, the National Statistical Office said. Factoring in the first quarter GDP growth of 20.1%, the first half of this year has recorded […]
Out-Of-Pocket Expenditure (OOPE)
Out-Of-Pocket Expenditure (OOPE): Out-of-pocket expenditure (OOPE) as a share of total health expenditure and foreign aid for health has both come down as per the findings of the National Health Accounts (NHA) estimates for India for 2017-18 released by Health Secretary Rajesh Bhushan. As a share of total health expenditure, the OOPE has come down […]
