Central government Current Affairs, GK & News

Cut in Excise Duty on Petrol

May 25, 2022

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 the PM Ujjwala Yojana scheme. How much excise duty is reduced and what is the revenue implication? Union Finance Minister announced reduction of central excise duty on ..

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Centre to invest Rs 324 crore to expand lab testing infrastructure

July 23, 2021

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 to 2025-26. This project will cost Rs324 crore.   Highlights The scheme falls under the Department of Health Research (DHR) of the Indian Council of Medical Research ..

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Is ‘Disaster Management Act’ related to Extension of Loan Moratorium?

August 28, 2020

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 lockdown. Earlier, by mentioning the power of the center under the Disaster Management Act, the apex court had asked the same to review the issue of charging ..

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RBI approves Dividend of Rs 57,000 crore to Government

August 15, 2020

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 2019-20 while maintaining the contingency risk buffer at 5.5 per cent. What happened at the meeting? The meeting, chaired by the RBI Governor Shaktikanta Das, focused on ..

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Supreme Court’s suo motu cognisance of Migrant Workers’ plight

May 27, 2020

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 lapses” on the part of the Central and State governments in dealing with the migrant workers crisis during the lockdown. What is suo moto cognisance? Suo motu ..

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SC orders government to grant permanent commission to women army officers

February 17, 2020

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 Delhi high court’s ruling in the Supreme Court, the apex court recently directed the government to grant permanent commission to women officers who have already worked as ..

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