Debt Relief For a Green And Inclusive Recovery: Reports by Debt Relief for a Green and Inclusive Recovery (DRGR) show that the debt of emerging markets & developing economies rose by 178% from 2008-2022. Reports findings: – The sovereign debt of emerging markets and developing economies (EDME) increased by 178 per cent, from $1.4 trillion […]
Tag: 13th Apr 2023
UN Democracy Fund
UN Democracy Fund: The UN Democracy Fund extended support for NGOs funded by George Soros, who is on a watchlist in India. The UNDEF was established in 2005 with an initial contribution of $10 million each from the United States and India. In 2005, India’s then PM, Manmohan Singh, and US President George W. Bush […]
Exercise Cope India 23
Exercise Cope India 23: The announcement for Exercise Cope India 23 between the Indian Air Force, and the United States Air Force was made. Exercise Cope India 23 is a bilateral air exercise between the Air Forces of India and the U.S. It will be held at Air Force Stations Arjan Singh (Panagarh), Kalaikunda, and […]
Livestock Insurance Scheme
Livestock Insurance Scheme: After the Parliamentary Standing Committee (PSC) pointed out ‘zero insurance coverage’ of livestock in 2022-23, the central government is considering a comprehensive livestock insurance scheme modelling the Prime Minister’s Fasal Bima Yojana. The proposed Comprehensive livestock insurance will replace the present Livestock Insurance Scheme (LIS) Less than 1% of the country’s cattle […]
Cumbum Grapes :GI Tag
Cumbum Grapes :GI Tag The Cumbum grapes recently earned the Geographical Indication tag or GI tag. Cumbum Panneer Thratchai, also known as Cumbum grapes, is a variety of grapes grown in the Cumbum Valley located at the Western Ghats in Tamil Nadu, India. The grapes are medium to large in size, compact, and suitable for […]
Mahatma Jyotiba Phule Birth Anniversary
Mahatma Jyotiba Phule Birth Anniversary: The Prime Minister has paid tribute to the great social reformer, Mahatma Jyotiba Phule on his birth anniversary Jyotirao Phule was born on 11th April 1827 in Maharashtra, India. He belonged to the Mali caste of gardeners and vegetable farmers. Phule was greatly influenced by Thomas Paine’s book ‘The […]
Guru Tegh Bahadur : Prakash Purab
Guru Tegh Bahadur : Prakash Purab The Parkash Purab of Sri Guru Tegh Bahadur, the ninth guru of the Sikhs, is being celebrated on April 11. Parkash Purab is a term used in Sikhism to refer to the birth anniversary celebrations of the ten Sikh gurus. “Parkash” means “illumination” or “light,” while “Purab” means “day.” […]
REITs And InvITs Index
REITs And InvITs Index: NSE Indices Ltd, a subsidiary of the National Stock Exchange (NSE), launched India’s first-ever Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) Index The new index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE. The index will be reviewed […]
State Development Loans
State Development Loans: Four states raised Rs 5,800 crore through state development loans (SDL) auction — about one-fourth of the amount 15 state governments intended to raise in the upcoming days. State Development Loans are dated securities issued by states for meeting their market borrowings requirements. Purpose is to meet the budgetary needs of state […]
Cost Inflation Index : Current Fiscal Year
Cost Inflation Index : Current Fiscal Year The Income Tax Department has notified the Cost Inflation Index for the current fiscal beginning April 2023. The Cost Inflation Index number for the current fiscal year 2023-24 is 348 as per a notification of the Central Board of Direct Taxes (CBDT). Cost Inflation Index is notified under […]
