Finance Ministry to aid Rashtriya Rail Sanraksha Kosh for rail safety

The Union Finance Ministry has agreed to contribute partially to a new dedicated railway safety fund named as ‘Rashtriya Rail Sanraksha Kosh’ in the upcoming Union Budget 2017-18. The proposed safety fund will be utilised for track improvement, bridge rehabilitation, ..

Month: Current Affairs - January, 2017

IT Ministry urges tax incentives for PC manufacturers too

The Ministry of Electronics and Information Technology (MeitY) in its key recommendations for Union Budget 2017-18, has suggested differential excise duty regime and tax exemptions to be expanded to personal computers and servers. Ministry’s suggestions were as per the Phased ..

Month: Current Affairs - January, 2017

Vampire star caught in the act by ASTROSAT

India’s first dedicated space observatory, ASTROSAT has captured the rare phenomenon of a small six-billion-year-old vampire star preying on a bigger celestial body. The vampire star phenomenon is observed when smaller star sucks material (mass and energy) out of the ..

Month: Current Affairs - January, 2017

Government Constitutes Task Force to prepare Action Plan for Next three Olympic Games

Prime Minister Narendra Modi has approved the constitution of eight members Task Force committee for preparing action plan for next three Olympic Games 2020, 2024 and 2028. It has been given three months’ time to submit its report regarding a ..

Month: Current Affairs - January, 2017

GK & Current Affairs: January 30, 2017

1. Who has won the 2017 Men’s singles Australian Open tennis tournament? [A]Roger Federer [B]Rafael Nadal [C]Andy Murray [D]Novak Djokovic Answer: Roger FedererNotes: The Swiss professional tennis player, Roger Federer has won his 18th Grand Slam trophy by winning the ..

Bonded Labour in India

Bonded labour, a form of modern slavery, persists as a significant human rights issue in India, despite comprehensive legal frameworks and constitutional protections aimed at its eradication. This exploitative practice involves the manipulation of debt, often inherited or incurred through ..