India has the third-highest trade-related illicit financial flow globally

US-based think tank Global Financial Integrity (GFI) recently released a report titled “Trade-related Illicit Financial Flows in 135 Developing Countries: 2008-2017”. As per the report, five countries with the largest gaps were China ($457.7 billion), followed by Mexico, India, Russia and Poland. ..

Luxembourg abolishes fares for public transport systems

Luxembourg, a small European country has abolished fares for public transport systems including trains, trams and buses. All standard-class journeys on public transport in the country are now available for free of charge. This decision has been taken to tackle ..

‘Forest Man’ wins 128th Commonwealth Points of Light Award

Environmental activist Jadav Payeng, also called the ‘Forest Man’, was named as the winner of the 128th Commonwealth Points of Light Award. Payeng is a 57-year-old activist, who had transformed a treeless sandbar along the Brahmaputra river into a vast ..

Banking Regulation (Amendment) Bill, 2020 introduced in Lok Sabha

The Banking Regulation (Amendment) Bill, 2020 was introduced in the Lok Sabha by Finance Minister Nirmala Sitharaman. This proposed bill is expected to provide more powers to the RBI for regulating cooperative banks. The bill seeks to strengthen cooperative banks ..

UP government to pay farmers who provide shelter to stray cattle

The Chief Minister of Uttar Pradesh Yogi Adityanath recently announced that the government has decided to provide a financial assistance of Rs 900 per month to those farmers who are ready to keep stray cattle at their houses and provide ..

China takes over UNSC Presidency

China has recently taken over as the President of the UN Security Council for the month of March 2020. The Security Council was established by the UN Agreement to maintain international peace and security. The council has 15 members (5 ..

Janaushadhi Week celebrated from March 1 to 7

Janaushadhi Week is being celebrated across the country from March 1 to March 7 2020 and Jan Aushadi Diwas on March 7. During this week, several activities like health check-up Camp, free doctor consultation, free medicine distribution were organised at ..

Jharkhand government presents Budget 2020

The state government of Jharkhand recently presented its budget for the financial year 2020-21. It announced a financial assistance of Rs 5000 to Rs 7000 per annum to unemployed graduate and post-graduate youth. The state government also proposed to provide ..

Government issues format for filing complaints with Lokpal

Lokpal is an apex body to inquire into allegations of corruption against public functionaries of central government. The Lokpal shall dispose of any received complaint within 30 days. President Ram Nath Kovind administered the oath to Justice Pinaki Chandra Ghose ..

Ajay Bhushan Pandey appointed as the new Finance Secretary of India

The Appointments Committee of the Cabinet has approved the appointment of the current Revenue Secretary Ajay Bhushan Pandey as the new Finance Secretary of India. Ajay Bhushan Pandey replaces current Finance Secretary Rajiv Kumar, who got superannuated last month. The ..