Page-456 of Current Affairs

India Forms 16th Finance Commission Under Economist Arvind Panagariya

January 2, 2024

The Indian government has formed the 16th Finance Commission to review fiscal distribution between the Union and States for 5 years from 2026. Dr Arvind Panagariya, former NITI Aayog Vice Chairman, will helm the panel. Constitutional Mandate Under Article 280(1) ..

Month: 

Category: 

NEHHDC Establishes Ashtlaxmi Haat for Northeast Arts and Crafts

January 2, 2024

The North Eastern Handicrafts and Handlooms Development Corporation (NEHHDC) is setting up a dedicated marketplace and residency in Guwahati to boost incomes for regional artisans. Introducing Ashtlaxmi Haat Named after Ashtalaxmi, the eight Hindu goddesses of wealth, the ₹7.6 crore ..

Month: 

Category: 

NEDFi Sanctions Over ₹750 Crores for 5,300 Northeast Projects

January 2, 2024

North Eastern Development Finance Corporation (NEDFi) has provided funding of ₹766 crore to around 5,338 enterprises across sectors in northeast India between January-November 2023. Overall Role NEDFi facilitates industrial and services projects in the Northeast by offering financial assistance and ..

Month: 

Category:  •

10th Edition of Sagar Parikrama

January 2, 2024

India’s Fisheries Minister Parshottam Rupala inaugurated the 10th edition of Sagar Parikrama – a coastal yatra spreading awareness about government welfare schemes among fishermen. Key Focus Areas The 15-day journey spans fishing harbors and villages across Andhra Pradesh and Puducherry. ..

Month: 

Category: 

India Extends Auto PLI Scheme Tenure, Offers More Flexibility

January 2, 2024

The Production Linked Incentive (PLI) program for the automobile sector has been extended by one year through March 2028. Simultaneously, amended rules provide added clarity and concessions to approved applicants. Revised Incentives Timeline Initially envisaged for five years starting 2023-24, ..

Month: 

Category: 

Leap Year 2024

January 2, 2024

February 29th only comes once every four years – but what exactly is a leap year and why was an extra calendar day needed? Accounting for Earth’s True Revolution A solar year equals one full revolution of Earth around the ..

Month: 

Category: 

Vice Admiral Kiran Deshmukh Takes Charge as Indian Navy’s Chief of Material

January 1, 2024

On January 1st, Vice Admiral Kiran Deshmukh assumed duties as the Chief of Material of the Indian Navy. He took over from Vice Admiral Sandeep Naithani, who retired following 39 years of praiseworthy service spearheading the Navy’s maintenance efforts. Key ..

Month: 

Category: 

Elephant Herds Compete More for Food in Grasslands vs Forests: Study

January 1, 2024

Elephants exhibit greater conflict over food in human-altered grasslands compared to forests, despite greater resource abundance in the former, a new study reveals. Probing Pachyderm Behavior Scientists from Bengaluru’s Jawaharlal Nehru Centre for Advanced Scientific Research analyzed data from long-term ..

Month: 

Category: 

Nina Singh Becomes First Woman Chief of Industrial Security Force

December 30, 2023

Senior Indian Police Service officer Nina Singh took charge as Director General of the Central Industrial Security Force (CISF) recently. She became the first woman to head the specialized security organization and the 30th CISF Director General. Career Highlights Singh ..

Month: 

Category:  •

The Kenya Poverty and Equity Assessment 2023 Report

December 30, 2023

While Kenya has achieved substantial poverty reduction over 2005-2019, progress remains geographically uneven, leaving many behind, according to a new World Bank report. It prescribed policy pathways for more inclusive growth. The Good and Bad – Falling Poverty, Persisting Gaps ..

Month: 

Category:  •