COPRA: The Cabinet Committee on Economic Affairs has given its approval for the Minimum Support Price (MSP) of copra for the 2021 season. Copra is the dried meat or kernel of the coconut, which is the fruit of the coconut palm (Cocos nucifera). Coconut oil is extracted from copra, making it an important agricultural commodity […]
Category: Current Affairs
Restoration Of Relations With Palestinians: U.S. President Joe Biden
U.S. President Joe Biden’s administration has announced that it is restoring relations with the Palestinians: U.S. President Joe Biden’s administration has announced that it is restoring relations with the Palestinians:and renewing aid to Palestinian refugees. This is a reversal of the Donald Trump administration’s cutoff and a key element of its new support […]
New START Treaty: Russia Approved The Extension
New START Treaty: Russia approved the extension of the New START treaty. It is the last remaining nuclear Russia-USA arms control treaty which is about to expire in February 2021. About the Approval: Both houses of Russian Parliament (Kremlin) approved the extension of the New START treaty for five years. It was done after a […]
What Is Off-Budget Borrowing?
Off-Budget Borrowing: One of the most sought after details in any Union Budget is the level of fiscal deficit. As such, it is keenly watched by rating agencies — both inside and outside the country. That is why most governments want to restrict their fiscal deficit to a respectable number. One of the ways to […]
35th Pragati Meeting – Objective and Significance
35th Pragati Meeting: The Prime Minister of India recently chaired the 35th edition of Pro-Active Governance And Timely Implementation (PRAGATI) – the Information and Communication Technology (ICT) based multimodal platform, involving Central and State governments. Ten projects were taken for review involving a total investment of Rs. 54,675 crore. A review of Pradhan Mantri Bhartiya […]
Introduction of Cyber Insurance Policy of IRDAI – Keypoints
Cyber Insurance Policy: A committee set up by the Insurance Regulatory and Development Authority of India (IRDAI) has recommended the introduction of a cyber insurance policy. Cyber insurance policy is a risk transfer mechanism for cyber risk. Cyber risk is commonly defined as exposure to harm or loss resulting from breaches of or attacks on […]
Ayushman Bharat Health Scheme for Central Armed Police Forces: Keypoints
Ayushman Bharat health scheme for Central Armed Police Forces: Ayushman CAPF scheme was launched recently, extending the benefit of the central health insurance programme to the personnel of all armed police forces in the country. Key features of the scheme: Under this scheme, around 28 lakh personnel of CAPF, Assam Rifles and National Security Guard […]
50 Years of India – Bangladesh Relationship
50 Years of India Bangladesh Relations: Commemorating 50 years of the 1971 India-Pakistan war that led to the liberation of Bangladesh, a 122-member contingent of the Bangladesh Armed Forces has recently participated in the 72nd Republic Day parade. This year, India and Bangladesh are also celebrating 50 years of the establishment of their ties. This […]
World Economic Outlook Report 2021: Keypoints
World Economic Outlook: IMF The latest World Economic Outlook of the International Monetary Fund (IMF) has estimated that India’s Gross Domestic Product (GDP) will grow by 11.5% in the Financial Year (FY) 2021-22. India Specific Projections: FY 2020-21: For the current fiscal, the IMF had forecast a record 10.3% contraction. FY 2021-22: For the next […]
Global Investment Trends Monitor Report 2021: Keypoints
Investment Trends Monitor Report: UNCTAD: According to the recent Investment Trends Monitor Report issued by the United Nations Conference on Trade and Development (UNCTAD), global Foreign Direct Investment (FDI) collapsed in 2020 by 42% to an estimated USD 859 billion from USD 1.5 trillion in 2019. Such a low level was last seen in the […]
