Topic: Central government
Cut in Excise Duty on Petrol
The union finance minister recently announced the excise cut on petrol and diesel to contain inflation. She also announced a ₹200 subsidy for those buying LPG cylinders under...
Centre to invest Rs 324 crore to expand lab testing infrastructure
42 virology research and diagnostic laboratories will be set up by the Central government. This will be set up under a central scheme during the period of 2021-22...
Is ‘Disaster Management Act’ related to Extension of Loan Moratorium?
The Supreme Court of India asked the central government to clarify its position on the issue of interest being charged on the installment of loan repayments amid the...
RBI approves Dividend of Rs 57,000 crore to Government
The Central Board of the Reserve Bank of India has approved the transfer of Rs 57128 crores as the dividend to the Central government for the accounting year...
Supreme Court’s suo motu cognisance of Migrant Workers’ plight
On May 26, 2020, a three-judge bench of the Supreme Court took suo motu cognisance of migrant workers issue and noted that there have been “inadequacies and certain...
SC orders government to grant permanent commission to women army officers
The Delhi High Court in 2010 had ordered the Indian government to provide permanent commission to women officers of the Indian Army. After the Central government challenged the...
Ind-Ra estimates 5.5 Percent GDP Growth Rate for FY 21
The Mumbai headquartered India Ratings and Research (Ind-Ra) has estimated that the gross domestic product (GDP) of India to grow at 5.5 percent in FY21. The rating agency...
RBI increases Short-Term FPIs Limit
The Reserve Bank of India (RBI) recently increased the investment limit for FPIs in government and corporate bonds from 20 percent to 30 percent. In two separate notifications...
Startup Advisory Council planned by Government
To further boost startups in the country by removing longstanding roadblocks, the Central Government has planned to set up a Startup Advisory Council comprising of some of the...
New Energy Performance Standards of BEE effective from 1st January 2020
On 30th October 2019, the Central Government of India after consultation with the agency for developing programs for efficient use and conservation of energy in India, the Bureau...
Delhi gets its first ‘Smog Tower’
In view of the alarming pollution levels in the capital city of India, in November 2019, the Supreme Court of India to combat air pollution has directed the...