Transfer Of 10 In-Orbit Communication Satellites To NewSpace India Ltd (NSIL): The government has approved the transfer of 10 in-orbit communication satellites from the Government of India to NewSpace India Ltd (NSIL). The entire GSAT series, except GSAT-7 and 7A, will go to NSIL, and thereby to companies intending to develop downstream satcom businesses. The […]
Category: Current Affairs
Nanhi Pari Programme : Delhi Govt
Nanhi Pari Programme: The ‘Nanhi Pari’ Programme was by the Northwest Delhi district administration. ‘Nanhi Pari’ is a scheme to provide a one-stop solution to parents, eliminating their need to visit various offices to obtain documents. The basic aim of most of these schemes is to protect the birth of the girl child, and to […]
Biotechnology Industry Research Assistance Council (BIRAC)
Biotechnology Industry Research Assistance Council (BIRAC): To mark the completion of ten years of setting up of Biotechnology Industry Research Assistance Council (BIRAC), Biotech Startup Expo – 2022 was launched with the theme ‘Biotech Startup Innovations: Towards AatmaNirbhar Bharat.’ BIRAC is a not-for-profit Public Sector Enterprise, set up by the Department of Biotechnology (DBT). Objective: […]
Hike in Repo Rate
Repo Rate: The Reserve Bank of India (RBI) Governor announced that the Monetary Policy Committee voted unanimously to hike the benchmark interest rate by 50 bps with immediate effect. The Reserve Bank of India (RBI) increased the repo rate by 50 basis points to 4.90%. The earlier repo rate was 4.40% after the rates were […]
Monetary Policy Committee Decisions: June 2022
The Monetary Policy Committee Decisions: The Monetary Policy Committee of Reserve Bank of India, which met from 6-8 June 2022, took the following decisions. Taking into account the increase in housing prices since the limits were last revised and considering the customer needs, it has been decided to increase the existing limits on individual housing […]
Linking Of Credit Cards With UPI
Linking Of Credit Cards With The Unified Payments Interface: The Reserve Bank of India has proposed to allow the linking of credit cards with the Unified Payments Interface (UPI). So far, UPI could only be linked to debit cards and bank accounts. The integration will first begin with the indigenous RuPay credit cards. Both the […]
Carbon Bombs
Carbon Bombs: A group of environmentalists, lawyers, and activists have come together to identify and ‘defuse carbon bombs’– coal, oil and gas projects that have the potential to contribute significantly to global warming. The usage of the term ‘carbon bombs’ picked up after an investigative project of The Guardian from May 2022. Defining the term […]
World Brain Tumour Day
World Brain Tumour Day: World Brain Tumour Day is being observed on June 08, 2022 It is observed to raise awareness and educate people about brain tumours. The day also pays tribute to those affected by brain tumours. The German Brain Tumor Association started this international commemoration day in the year 2000 as a tribute […]
World Ocean Day 2022
World Ocean Day: World Ocean Day was observed on June 8, 2022 with the theme for this year is “Revitalization: Collective Action for the Ocean”. The Day is celebrated every year on June 8. The Day was proposed in 1992 and was officially recognised by the United Nations in 2008. The purpose of the Day […]
Minimum Support Prices (MSP) For Kharif Season 2022-23
Minimum Support Prices (MSP) For The Kharif Season 2022-23: The Centre has approved the Minimum Support Prices (MSP) for the Kharif season 2022-23, stating that the rates are at least 1.5 times of the weighed average cost of production. The rates for 14 Kharif crops have been increased, the hikes ranging from 4% to 8%. […]
