Small Savings Instruments For The First Quarter Of 2021-22: The government has sharply slashed the rates on all small savings instruments for the first quarter of 2021-22. It has brought the rate of return on the Public Provident Fund down from 7.1% to 6.4% and effecting cuts ranging from 40 basis points (0.4%) to 110 […]
Category: Current Affairs
Global Gender Gap Report 2021
Global Gender Gap Report 2021: India has fallen 28 places in the World Economic Forum’s (WEF) Global Gender Gap Report 2021. Global Gender Gap Report: It was first published in 2006 by the WEF. It benchmarks 156 countries on their progress towards gender parity in four dimensions: Economic Participation and Opportunity, Educational Attainment, Health and […]
Emergency Credit Line Guarantee Scheme (ECLGS) 3.0
Emergency Credit Line Guarantee Scheme (ECLGS) 3.0: In recognition of the continuing adverse impact of the COVID-19 pandemic on certain service sectors, the Government has now extended the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) through the introduction of ECLGS 3.0. ECLGS 3.0 will cover business enterprises in Hospitality, Travel & Tourism, Leisure […]
The India-Mauritius CECPA
The India-Mauritius CECPA: The India-Mauritius CECPA will enter into force on 01 April 2021. India and Mauritius signed the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) on 22 February 2021. The CECPA is the first trade agreement signed by India with a country in Africa. The India-Mauritius CECPA provides for an institutional mechanism to encourage […]
Pakistan Will Allow The Import Of Cotton And Sugar From India
Pakistan Will Allow The Import Of Cotton And Sugar From India: Pakistan will allow the import of cotton and sugar from India, partially reversing a two-year-old decision to suspend all trade with India. The decision to cancel trade was taken by the Pakistan government in August 2019, days after the Indian government amended Article 370 […]
Economic And Social Survey of Asia And The Pacific 2021
Economic And Social Survey of Asia And The Pacific 2021: A report ‘Economic and Social Survey of Asia and the Pacific 2021: Towards post-Covid-19 resilient economies’ has recently been released by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). According to the report, India is estimated to record economic growth […]
What are Military Farms?
Military Farms: Indian Army Formally Closes Down Military Farms. Military Farms were set up with the sole requirement of supplying hygienic cow’s milk to troops billeted in various garrisons across British India. The First Military farm was raised on 01 Feb 1889 at Allahabad. After independence Military Farms flourished with 30,000 heads of cattle in […]
2020 Human Rights Report
2020 Human Rights Report: The US State Department, in its 2020 Human Rights Report, pointed out several Human Rights Issues in India. The report, which is submitted each year to the US Congress, is retrospective and contains a country-wise discussion of the state of human rights. Earlier in March 2021, Freedom in the World 2021 […]
AIM-PRIME : NITI Aayog
AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship): Atal Innovation Mission (AIM), NITI Aayog launched AIM-PRIME (Program for Researchers on Innovations, Market-Readiness & Entrepreneurship), an initiative to promote and support science-based deep-tech start-ups & ventures across India. In this regard, AIM has joined hands with Bill & Melinda Gates Foundation (BMGF) to launch this […]
25-Year Strategic Cooperation Pact : China And Iran
25-Year “Strategic Cooperation Pact: China And Iran: China and Iran have signed a 25-year “strategic cooperation pact” which includes “political-economic and strategic components”. The agreement comes amid a major push from China to back Iran to deal with the continuing weight of sanctions reinstated by the US after its withdrawal from the Iranian nuclear deal. […]
