COPRA: The Cabinet Committee on Economic Affairs has given its approval for the Minimum Support Price (MSP) of copra for the 2021 season. Copra is the dried meat or kernel of the coconut, which is the fruit of the coconut palm (Cocos nucifera). Coconut oil is extracted from copra, making it an important agricultural commodity […]
Tag: 28th Jan 2021
New START Treaty: Russia Approved The Extension
New START Treaty: Russia approved the extension of the New START treaty. It is the last remaining nuclear Russia-USA arms control treaty which is about to expire in February 2021. About the Approval: Both houses of Russian Parliament (Kremlin) approved the extension of the New START treaty for five years. It was done after a […]
Restoration Of Relations With Palestinians: U.S. President Joe Biden
U.S. President Joe Biden’s administration has announced that it is restoring relations with the Palestinians: U.S. President Joe Biden’s administration has announced that it is restoring relations with the Palestinians:and renewing aid to Palestinian refugees. This is a reversal of the Donald Trump administration’s cutoff and a key element of its new support […]
What Is Off-Budget Borrowing?
Off-Budget Borrowing: One of the most sought after details in any Union Budget is the level of fiscal deficit. As such, it is keenly watched by rating agencies — both inside and outside the country. That is why most governments want to restrict their fiscal deficit to a respectable number. One of the ways to […]
35th Pragati Meeting – Objective and Significance
35th Pragati Meeting: The Prime Minister of India recently chaired the 35th edition of Pro-Active Governance And Timely Implementation (PRAGATI) – the Information and Communication Technology (ICT) based multimodal platform, involving Central and State governments. Ten projects were taken for review involving a total investment of Rs. 54,675 crore. A review of Pradhan Mantri Bhartiya […]
Introduction of Cyber Insurance Policy of IRDAI – Keypoints
Cyber Insurance Policy: A committee set up by the Insurance Regulatory and Development Authority of India (IRDAI) has recommended the introduction of a cyber insurance policy. Cyber insurance policy is a risk transfer mechanism for cyber risk. Cyber risk is commonly defined as exposure to harm or loss resulting from breaches of or attacks on […]
