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 […]
Category: Current Affairs
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. […]
Inflation Target Of 4% : RBI
Inflation Target Of 4%:RBI: The Government of India has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee of the Reserve Bank of India (RBI) for the coming five years. Earlier, the RBI in its Currency and Finance (RCF) report for the […]
Overseas Citizens Of India (OCI)
Overseas Citizens Of India (OCI): People of Indian origin and the Indian diaspora having Overseas Citizens of India (OCI) cards will not have to carry their old, expired passports for travel to India, as was required earlier, according to a government notification. OCI cardholders: The government of India launched the ‘Overseas Citizenship of India […]
Pradhan Mantri Awaas Yojana-Gramin
Pradhan Mantri Awaas Yojana-Gramin: Due to the adverse impact of Covid-19, only 5.4% of the sanctioned houses under the central government’s flagship rural housing scheme, Pradhan Mantri Awaas Yojana-Gramin, have reached completion for the year 2020-2021. Pradhan Mantri Awaas Yojana- Gramin (PMAY-G): Launch: To achieve the objective of “Housing for All” by 2022, the erstwhile […]
Asteroid Apophis
Asteroid Apophis: The National Aeronautics and Space Administration (NASA) has ruled out the possibility of the dreaded asteroid Apophis causing any damage to the Earth for the next 100 years. Apophis is a near-Earth asteroid with a relatively large size (about 335 meters wide). Named after the ancient Egyptian god of chaos and darkness, it […]
New Development Bank (NDB)
New Development Bank (NDB): Finance and Corporate Affairs Minister Nirmala Sitharaman has urged the New Development Bank (NDB) to consider working closely with India’s new development financing institution for funding infrastructure. NDB has so far approved 18 projects in India, including emergency loans of $2 billion to support health spending and economic recovery in the […]
