World Neglected Tropical Diseases Day: Neglected tropical disease day is observed every year on 30th January. It was declared in the 74th World Health Assembly (2021). The proposal to recognise the day was floated by the United Arab Emirates. It was adopted unanimously by the delegates. The World Health Assembly is the decision-making body of […]
Category: Current Affairs
National Commission For Women (NCW)
National Commission For Women (NCW): The 30th Foundation Day (31st January) of the National Commission for Women (NCW) was celebrated. According to the Prime Minister, given the evolving needs of women in the country, the scope of NCW must be broadened. The Committee on the Status of Women in India (CSWI) recommended nearly five decades […]
What is Reverse Repo Normalisation?
Reverse Repo Normalisation In India: In a recent report, State Bank of India has stated that it believes the stage is set for a Reverse Repo Normalisation in India. The Repurchase agreement (Repo) and the Reverse repo agreement are two key tools used by the Reserve Bank of India (RBI) to control the money supply. […]
Union Budget 2022: Highlights
Union Budget 2022 Highlights: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 on February 1. She said that the Budget proposals for this financial year rest on health and well-being, infrastructure, inclusive development, energy transition and climate action, financing of investments and ‘Minimum Government, Maximum Governance’. India’s economic growth estimated at 9.2% to […]
Economic Survey 2021-22 : Highlights
Economic Survey 2021-22: Highlights The Economic Survey 2021-22 was tabled in Parliament by the Finance Minister soon after the President’s address to both Houses of Parliament. The central theme of this year’s Economic Survey is the “Agile approach”, implemented through India’s economic response to the COVID-19 Pandemic shock. The preface of Economic Survey states that […]
Oman’s Top Defence Official in India
India- Oman’s Top Defence: India is laying out the red carpet for Oman’s top defence official Mohammed Nasser Al Zaabi, who will be in India from January 30 to February 4 on an official visit. Zaabi will be in Delhi to co-chair the Joint Military Cooperation Committee (JMMC) with Defence Secretary Ajay Kumar. The JMCC […]
SilverLine Project: Kerala
SilverLine : Kerala Despite the protests taking place across Kerala against SilverLine, the CPI(M)-led government remains firm on implementing the project. SilverLine is a semi high-speed railway project connecting the state’s northern and southern ends at a cost of over Rs 63,000 crore. The proposed 529.45-km line will link Thiruvananthapuram in the south to Kasaragod […]
What are Bomb Cyclone and Bombogenesi
Bomb Cyclone: The US East Coast is bracing itself for a “bomb cyclone” (Nor’easter) that is on course to to barrel in from the mid-Atlantic. Bombogenesis is the technical term. ‘Bomb cyclone’ is a shortened version of it, better for social media.” It is a mid-latitude cyclone that intensifies rapidly. It has low pressure at […]
Budget Session 2022
Budget: The Budget Session of Parliament has begun and is scheduled to conclude on April 8. First, President Ram Nath Kovind will address both Houses in the Central Hall. The Economic Survey 2021-22 will be laid by Finance Minister Nirmala Sitaraman in Lok Sabha on January 31. The Budget will be presented by her on […]
Bad Bank Received all Regulatory Approvals
Bad Bank: A key proposal announced in this year’s (2021) Budget, a bad bank to deal with stressed assets in the loss-laden banking system, has received all regulatory approvals. Setting up of NARCL, the proposed bad bank for taking over stressed assets of lenders, was announced in the Budget for 2021-22. The plan is to […]