Bond Yield: The Reserve Bank of India’s (RBI) decision to step up the purchase of Government Securities (G-Sec) under the Government Securities Acquisition Programme (G-SAP) led to the yield on the benchmark 10-year bond falling below 6%. In India, the yield of 10-year G-Sec is considered the benchmark and shows the overall interest rate scenario. […]
Category: Current Affairs
Dahla Dam : Afghanistan
Dahla Dam: The Taliban has captured Afghanistan’s second-biggest dam after months of fierce fighting in its former bastion of Kandahar. Dahla Dam, which provides irrigation to farmers via a network of canals as well as drinking water for the provincial capital, is now under Taliban control. The dam’s capture comes after clashes erupted in neighboring […]
Global Innovation Partnership (GIP)
Global Innovation Partnership (GIP): The Union Cabinet has given ex-post facto approval to the signing of MoU between the Ministry of External Affairs of India and Foreign, Commonwealth, and Development Office (FCDO) of the United Kingdom on Global Innovation Partnership (GIP) Through this MoU, India, and UK agree to launch the Global Innovation Partnership. GIP […]
Measures To Support The Nation: RBI
Measures To Support The Nation: RBI: The RBI Governor Shaktikanta Das announced a series of measures to support the nation’s fight against the second wave of COVID-19 infections. Term Liquidity Facility of Rs. 50,000 crore with tenure of up to 3 years, at repo rate, to ease access to emergency health services, for ramping up […]
Section 142 Of The Social Security Code, 2020
Section 142 Of The Social Security Code, 2020: Section 142 of the Social Security Code, 2020 has been notified by the Ministry of Labour & Employment covering the applicability of Aaadhar. The notification of the section will enable the Ministry of Labour and Employment to collect Aaadhar details for the database of beneficiaries under various […]
State Of Working India 2021 : One Year Of Covid19
A report Titled ‘State Of Working India 2021: One Year Of Covid19: A report titled ‘State of Working India 2021: One Year of Covid19’ brought out annually by Azim Premji University’s Centre for Sustainable Employment, Bengaluru has been released. The report covers the period March 2020 to December 2020, dwells on the impact of one […]
Export Of Organic Millets
Export Of Organic Millets: In a major boost to exports of organic products from the country, the first consignment of millets grown in the Himalayas would be exported to Denmark. APEDA (Agricultural and Processed Food Products Export Development Authority) has sourced ragi (finger millet), and jhingora (barnyard millet) from farmers in Uttarakhand for exports. At […]
Intellectual Property (IP) Protection For Covid-19 Vaccines
Support For Waiving Intellectual Property (IP) Protection For Covid-19 Vaccines: The United States has announced the support for waiving Intellectual Property (IP) protection for Covid-19 vaccines. The decision is a breakthrough in India and South Africa’s attempts to get World Trade Organisation (WTO) member countries to agree to such a waiver to fight the pandemic […]
Maratha Reservation Struck Down by Supreme Court
Maratha Reservation Struck Down: SC: A five-judge Constitution Bench of the Supreme Court has struck down the Maharashtra law granting reservation to the Maratha community in admissions and government jobs in the state. In November 2018, the Maratha community was given the reservation under the Maharashtra State Socially and Educational Backward Act. The special act […]
IDBI Bank Disinvestment
IDBI Bank Ltd: The Cabinet Committee on Economic Affairs has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. The extent of respective shareholding to be divested by GoI and LIC shall be decided at the time of structuring of the transaction in consultation with RBI. The […]
