Page-817 of Current Affairs

RBI’s Launch of Utkarsh 2.0

January 2, 2023

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the foundation laid by Utkarsh 2022, which was launched in July 2019 and ..

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Railways’ Energy efficiency plan

January 2, 2023

The Indian Railway Ministry has outlined a five-pronged plan to become carbon-neutral by 2030, as part of the country’s commitment to the United Nations Framework Convention on Climate Change. The plan aims to reduce energy consumption through efficient operations and ..

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Draft Statement on Industrial Policy 2022

January 2, 2023

The Department for Promotion of Industry and Internal Trade (DPIIT) in India is currently working on a new industrial policy that aims to increase financing options for industry and promote the “Made in India” brand. This policy, titled the “Statement ..

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UPI Reaches Record High in December

January 2, 2023

India’s Unified Payments Interface (UPI) processed a record 7.82 billion transactions in December, worth a total of INR 12.82tn ($174.6bn). This represents an increase of 7.12% in volume and 7.73% in value compared to November. On a year-on-year basis, volume ..

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Supreme Court Verdict on Demonetisation Case

January 2, 2023

The Supreme Court of India has upheld the 2016 decision of the Narendra Modi government to demonetize currency notes of INR 500 and INR 1,000 denominations. The decision, which was taken by a 4:1 majority of the Constitution Bench, stated ..

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Covid-19 Variant XBB.1.5 Emerges as a New Threat

January 2, 2023

The emergence of a new Covid-19 variant called XBB.1.5 has experts worried about the potential for a significant upsurge in cases globally. The first case of this new strain was found in India, and it has already caused concern due ..

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Bhima-Koregaon Battle Anniversary

January 2, 2023

The 205th anniversary of the Bhima-Koregaon battle was celebrated peacefully this year, with lakhs of Ambedkarites from across Maharashtra and the country gathering near the Ranstambh (victory pillar) in Perne village, Pune district. This year’s celebration was heavily guarded by ..

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New integrated Food Security Scheme

January 2, 2023

The Central Government of India recently announced the launch of a new integrated food security scheme, which will provide free food grains to 81.35 crore beneficiaries under the National Food Security Act (NFSA) for the year 2023. The Cabinet has ..

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India Assumes Chairmanship of Wassenaar Arrangement

January 2, 2023

The Wassenaar Arrangement (WA), a voluntary export control regime that monitors the transfer of conventional weapons and dual-use goods, has announced that India will assume the chairmanship of its plenary for the next year. The 26th annual plenary of the ..

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Six years of ‘Bharat Interface for Money’

January 2, 2023

On the 30th of December 2016, the Prime Minister of India, Narendra Modi, launched the Bharat Interface for Money (BHIM) payment app. Six years later, BHIM is still going strong, with a steadily increasing user base and a high volume ..

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