Nutrient Based Subsidy rates for P&K fertilizers

The central government announced that the Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilizers for this year’s Kharif season which is from April to September 2022 will be increased to Rs 60,939 crore, as against Rs 57,150 crore for the whole of 2021. Overview: This increase in subsidy will insulate the farmers ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs - 2022

Topics: di-ammonium phosphate • Fertilizer Subsidy • Nutrient Based Subsidy rates • P&K fertilizers • Phosphatic and Potassic Fertilizers

NITI Aayog National Workshop on “Innovative Agriculture”

On 25th April 2022, NITI Aayog organized a National Level Workshop on “Innovative Agriculture” in Vigyan Bhawan, New Delhi. Overview: At this workshop the need to understand the fundamentals, science, and processes behind natural farming practices were highlighted. The step-wise adoption of natural farming was highlighted. The increase in the awareness of good health, nutritious ..

Month: Current Affairs - April, 2022

Category: Agriculture Current Affairs • Summits and Conferences

Topics: Innovations in natural farming. • Innovative Agriculture • National Workshop on Innovative Agriculture • Natural farming • natural farming for climate change mitigation and soil health restoration • natural farming promotion • NITI Aayog • panel discussion on natural farming in the states of the country

India’s Steel Production and Export in FY 22

Faggan Singh Kulaste, Minister of State for Steel and Rural Development has announced that India exported 13.5 million tonnes (mt) of finished steel amounts to Rs 1 trillion, and has imported steel of about Rs 46000 crores. Overview: This impressive performance of the country’s steel sector has contributed to the all-time record of USD 420 ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs - 2022

Topics: finished steel • Minister of State for Steel and Rural Development • Production Linked Scheme • Steel • Steel consumption • Steel Production

Elon Musk-Twitter Deal

In one of the tech world’s biggest deals, Elon Musk has taken control of the social media site Twitter. Through this deal, he will be acquiring the social network for around USD 44 billion with the shares of the company being valued at $54.20. Overview: On 14th April 2022, Musk announced his plans of taking ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs

Topics: Digital Platform • Elon Musk • Elon Musk-Twitter Deal • Social media • SpaceX • Tesla • Twitter

SIPRI Report on World Military Expenditure

A report by the Stockholm International Peace Research Institute (SIPRI) on World Military Expenditure stated that India was the world’s third-highest military spender behind the US and China. The global defence expenditure in 2021 reached an all-time high and stood at USD 2.1 trillion despite the COVID-19 pandemic. Top 5 military spenders According to the ..

Month: Current Affairs - April, 2022

Category: Defence Current Affairs • Economy & Banking Current Affairs - 2022

Topics: China • India • Russia • SIPRI • Stockholm International Peace Research Institute • United Kingdom • United States • World Military Expenditure

Trilateral Development Corporation (TDC) Fund

India and the United Kingdom have launched their Global Innovation Partnership (GIP) as both countries look to bolster their innovation ecosystem to benefit the start-ups. GIP is expected to provide a model for utilizing the Trilateral Development Corporation (TDC) Fund for projects with other countries like Germany, Japan, the European Union, France, etc that are ..

Month: Current Affairs - April, 2022

Category: Economy & Banking Current Affairs - 2022 • India Nation & States Current Affairs

Topics: China • European Union • France • Germany • Global Innovation Partnership • India • Japan • Trilateral Development Corporation (TDC) Fund • United Kingdom