Page-552 of General Studies

United Nations launches World Happiness Report, 2020: India ranks 144

On March 20, 2020 United Nations released the World Happiness Report on the International Day of Happiness, 2020. Finland ranked first in the report and India ranked 144. Around 156 countries were assessed under the ranking. This is the eighth ..

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Defence Minister launches draft of Defence Procurement Procedure, 2020

On March 20, 2020, the Defence Minister Shri Rajnath Singh launched the draft of new Defence Procurement Procedure. The new procedure aims to increase the indigenous manufacturing. Highlights The new procedure aims to increase Indigenous Content ratio. The ratio is ..

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“Tech for Tribal”-Launched by TRIFED to develop Tribal Entrepreneurship

On March 19, 2020, TRIFED, the Tribal Cooperative Marketing Development Federation of India launched “Tech for Tribal” initiative. The initiative aims at providing entrepreneurship skills to the tribal people. Highlights The initiative is to benefit 3 lakh people. The TRIFED ..

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National Centre for Cell Science: The Cellular Mechanism of Huntington Disease discovered

On March 20, 2020, the National Centre for Cell Science have found that the pathogenic protein called the Huntingtin Protein causes decrease in overall protein production. What is Huntington Disease? The disease is a genetic disorder that declines cognitive abilities, ..

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Update on National Policy on Skill Development

On March 20, 2020, Ministry of Skill Development and Entrepreneurship presented the update on National Policy on Skill Development in Rajya Sabha Highlights The following initiatives have been taken under the policy by the Ministry since 2015 The Pradhan Mantri ..

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Finanance Commission: N K Singh Committee for a new Fiscal Consolidation Road Map

On March 19, 2020, the Finance Commission Constituted a committee under Shri N K Singh in order to build a fiscal consolidation road map for the centre and the states. Highlights The Finance Commission had submitted its first report to ..

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SIDBI launches “Swavalamban Express” to promote business aspirants

On March 19, 2020, the Small Industries Development Bank of India (SIDBI) announced Swavalamban Express. Highlights The Train is to visit 11 entrepreneurial cities. This includes Delhi, Jammu, Mumbai. Ahmedabad, Hyderabad, Bengaluru, Kolakata, Bhubaneswar and Varanasi. During the period, various ..

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GoI notifies rules for Vivad Se Vishwas Scheme

On March 19, 2020, Govenrment of India has notified rules to avail full benefit of direct tax dispute resolution under the Vivad Se Vishwas Scheme. Highlights Currently, there are more than 400,000 cases that are eligible to avail the scheme. ..

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IMD: El Nino to be neutral; Normal Monsoon rains for India

On March 19, 2020, the Indian Meteorological Department announced that the El Nino Weather Phenomenon is to remain neutral this year between May and July. This will bring in normal rains to India during South West Monsoon. The Indian Monsoon ..

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15th Finance Commission to monitor COVID-19 before second report

On March 19, 2020, the Finance Commission announced that it will monitor situation of COVID-19 before releasing its second report. Highlights The Commission is to set up a committee to review fiscal consolidation of the government. The commission has recommended ..

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