Pakistan To Remain In FATF Grey List: The FATF’s Plenary and Working Group meetings, scheduled to be held from February 21 to 26 in Paris, is all set to decide on Pakistan’s grey list status. However, Pakistan is unlikely to exit the Financial Action Task Force’s (FATF) ‘grey’ list until June. Pakistan was placed on […]
Category: Current Affairs
Production-Linked Incentive Scheme For The Telecom Sector
Production-Linked Incentive Scheme For The Telecom Sector: The Union Cabinet has approved the production-linked incentive scheme for the telecom sector with an outlay of ₹12,195 crore over five years. The implementation scheme will start on April 1, 2021. The scheme is expected to encourage the production of equipment worth Rs 2.44 lakh crore and create […]
NASA Perseverance Mars Rover : Key Points
NASA Perseverance: After a seven months’ journey from Earth, the NASA Perseverance is in its final stretch towards destination Mars. About the Perseverance rover: Launched in July of 2020. It is expected to touch down on Mars at the Jezero Crater. The primary task of Perseverance is to seek signs of ancient life and collect […]
Comprehensive Economic Cooperation And Partnership Agreement (CECPA) : India And Mauritius.
Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius: The Union Cabinet has approved the signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius. The salient features of India-Mauritius CECPA are as follows: The India-Mauritius CECPA will be the first trade agreement to be signed by India with […]
National Hydrogen Mission of India : Proposals
National Hydrogen Mission: India has announced a National Hydrogen Mission. The proposal in the Budget will be followed up with a mission draft over the next couple of months. And while proposed end-use sectors include steel and chemicals, the major industry that hydrogen has the potential of transforming is transportation — which contributes a third […]
Quad Dialogue : 3rd Ministerial Meeting Over Inclusive Indo-Pacific
3rd Ministerial Meeting Over Inclusive Indo-Pacific: The Quadrilateral Security Dialogue (Quad) will hold its 3rd ministerial meeting on February 18, 2021. Highlights: The meeting will be held to exchange their views on global and regional issues. It will focus on the practical areas of cooperation in order to maintain an open, free, and inclusive Indo-Pacific […]
World Solar Bank to be launched by ISA
World Solar Bank: The International Solar Alliance (ISA) has planned to launch the World Solar Bank (WSB) at the United Nations Climate Change Conference in Glasgow that is scheduled for November 2021. Highlights The development of the World Solar Bank will support India’s attempt to secure its leadership in the climate arena. The development of […]
World’s Debt To Increase In 2021 IIF Report : Findings
World’s Debt To Increase In 2021: The Institute of International Finance (IIF) has reported that the world has never been more indebted before and the debt will further rise in the year 2021 with more borrowing ahead amid the covid-19 led economic crisis. Key Findings of IIF: As per the IIF, governments, companies, and households […]
Mahabahu-Brahmaputra Initiative In Assam – Launched Virtually
Virtually Launch Of ‘Mahabahu-Brahmaputra’ Initiative In Assam: Prime Minister Narendra Modi will virtually launch the ‘Mahabahu-Brahmaputra’ initiative in Assam on February 18, 2021. Highlights He will lay the foundation stone for the Dhubri Phulbari bridge. PM will also perform the bhumi pujan for the construction of the Majuli Bridge in Assam. PM while announcing the […]
Kiran Bedi Removed As Puducherry Lieutenant Governor
President Kovind Removes Kiran Bedi As Puducherry Lieutenant Governor: President Kovind removes Kiran Bedi as Puducherry’s Lieutenant Governor. Telangana Governor Tamilisai Soundararajan has been given the additional charge of Puducherry. Puducherry is a union territory that is governed by Article 239A of the Constitution. The Government of Union Territories Act, 1963 provides for a Legislative […]