Monetary Policy Report: RBI The Reserve Bank of India (RBI) has released the Monetary Policy Report (MPR) for the month of October 2021. It kept the policy rate unchanged for the Eighth time in a row maintaining an accommodative stance till the recovery is durable. Unchanged Policy Rates: Repo Rate – 4%. Reverse Repo Rate […]
Category: Current Affairs
World Bank GDP Projection For India
World Bank GDP Projection For India: According to the World Bank, India’s economy, South Asia’s largest, is expected to grow by 8.3% in the fiscal year 2021-22. The South Asia economic focus report projects the region to grow by 7.1% in 2021 and 2022. It is a biannual economic update presenting recent economic developments and […]
Nobel Prize For Literature 2021
Nobel Prize For Literature: Abdulrazak Gurnah, 72, who was born in Zanzibar and now lives in the UK, became the fifth African writer to win the Nobel Prize for Literature, after Nigerian writer Wole Soyinka (1986), Egyptian Naguib Mahfouz (1988), and South African writers Nadine Gordimer (1991) and John M Coetzee (2003). He is the […]
Cyber Security In Power Sector
Cyber Security In Power Sector: Ministry of Power has released guidelines for the Cyber Security in Power Sector. Central Electricity Authority (CEA) under the provision of Section 3(10) on Cyber Security in the “Central Electricity Authority (Technical Standards for Connectivity to the Grid) (Amendment) Regulations, 2019” has framed Guideline on Cyber Security in Power Sector […]
High Ambition Coalition For Nature And People
High Ambition Coalition For Nature And People: At a ceremony held between the French and Indian governments on 7th October in New Delhi, India officially joined the High Ambition Coalition for Nature and People, a group of more than 70 countries encouraging the adoption of the global goal to protect 30×30. HAC members currently […]
What Is Buddhist Circuit?
What Is Buddhist Circuit? Centre has planned major infrastructure push for Buddhist Circuit. The Union Tourism Ministry has aggressively started tourism promotion with participation of the industry stakeholders, especially after the dramatic improvement of Covid situation in the country and achievement of vaccination targets. The Buddhist Circuit project was announced by the central government in […]
PM MITRA Scheme
PM MITRA Scheme: The government has approved the setting up of seven PM MITRA textiles parks, following the “Union Budget for 2021-22″ commitments, with a total outlay of Rs. 4,445 crores in a period of 5 years. About “PM-MITRA” Scheme: The scheme aims to realize the vision of building an Aatmanirbhar Bharat by positioning India […]
Countering America’s Adversaries Through Sanctions Act (CAATSA)
Countering America’s Adversaries Through Sanctions Act (CAATSA) In the first such signal to New Delhi, visiting US Deputy Secretary of State Wendy Sherman has indicated that Washington might reconsider slapping sanctions on the Indian government when New Delhi takes delivery of five Russian-built S-400 Triumf anti-aircraft missile systems in a US$5.5 billion deal later this […]
Industrial Park Ratings System (IPRS) Report
Industrial Park Ratings System (IPRS) Report: The Department for Promotion of Industry and Internal Trade (DPIIT) has released the Industrial Park Ratings System Report. The IPRS pilot exercise was launched in 2018 with an objective of enhancing industrial infrastructure competitiveness and supporting policy development for enabling industrialization across the country. The IPRS report is an […]
State Of Climate Services Report 2021: WMO
State Of Climate Services Report 2021: WMO: The World Meteorological Organization (WMO) released the State of Climate Services report 2021. It focuses on Terrestrial Water Storage. Earlier, on water day (22nd March), in a report released by the United Nations Children’s Fund (UNICEF), one in five children worldwide reside in areas of high or extremely […]
