Government Security Acquisition Programme (G-SAP) 1.0: The Reserve Bank of India (RBI) has put in place a secondary market Government Security Acquisition Programme (G-SAP) 1.0 for orderly evolution of the yield curve in FY22. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). […]
Category: Current Affairs
Alkaloids : Cultivation Of Opium in India
Cultivation Of Opium: The Union government has decided to rope in the private sector to commence production of concentrated poppy straw from India’s opium crop to boost the yield of alkaloids. Alkaloids are used for medical purposes and exported to several countries. Cultivation of opium: Only a few countries are permitted to cultivate the opium […]
Ukraine To Join NATO Membership Action Plan
Ukraine To Join A NATO Membership Action Plan: Ukrainian President urged the North Atlantic Treaty Organization (NATO) to speed up his country’s membership in the alliance. Ukraine hopes to be invited this year to join a NATO Membership Action Plan (MAP). Reasons for Ukraine to Join NATO: Ukraine is of the opinion that joining NATO […]
Tribal Health Collaborative (THC) Anamaya : Important Points
Tribal Health Collaborative (THC) ‘Anamaya’: Ministry Of Tribal Affairs: The Ministry of Tribal Affairs has launched Tribal Health Collaborative (THC) ‘Anamaya’ through a video conference. In 2018, an expert committee released a comprehensive report on tribal health in India which highlighted the issues and concerns of tribal health. It is an initiative bringing together governments, […]
Red Sea : Iranian freighter Hit By Israel
An Iranian freighter Was Hit By Israel In The Red Sea: An Iranian freighter was hit by Israel in the Red Sea in retaliation for past Iranian strikes on its vessels. The blast struck the Iranian commercial vessel MV Saviz off the coast of Djibouti. The attack came as Iranian officials gathered in Vienna to […]
What is Indian Energy Exchange (IEX)?
Indian Energy Exchange (IEX): The electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8,248.52 MU (million units) in the month of March 2021 surpassing all the previous milestones. It is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity, Renewable […]
Dr Chintan Vaishnav : Mission Director Of Atal Innovation Mission (AIM)
Mission Director Of Atal Innovation Mission (AIM): Dr Chintan Vaishnav: Noted socio-technologist Dr Chintan Vaishnav has been appointed the mission director of Atal Innovation Mission (AIM), the government’s flagship initiative under NITI Aayog. Vaishnav will take over from Ramanathan Ramanan later this month. Ramanan has been leading AIM as its first mission director since June […]
What is SUPACE? Supreme Court’s AI Portal
Artificial Intelligence (AI) Based Portal ‘SUPACE’: The Chief Justice of India (CJI) launched an Artificial Intelligence (AI) based portal ‘SUPACE’ in the judicial system aimed at assisting judges with legal research. SUPACE is short for Supreme Court Portal for Assistance in Court’s Efficiency. Earlier, the E-Courts Project was conceptualized on the basis of “National Policy […]
World Economic Outlook 2021 Forecast
International Monetary Fund’s (IMF) World Economic Outlook: The latest edition of the International Monetary Fund’s (IMF) World Economic Outlook has raised its Financial Year (FY) 2021 growth forecast for India to 12.5% from 11.5% estimated earlier in January 2021. Indian economy is expected to grow by 12.5% in 2021 and 6.9% in 2022. In 2020, […]
Shitalakhsya River is a Tributary of
Cargo Vessel Sank In The Shitalakhsya River In Narayanganj In Bangladesh: A Bangladesh ferry carrying around 50 passengers collided with a cargo vessel and sank in the Shitalakhsya River in Narayanganj in Bangladesh, leaving at least 26 people dead. Shitalakshya River Shitalakshya River (also known as Lakhya River) is a distributary of the Brahmaputra. In […]
