Central government Current Affairs, GK & News
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 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 ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Central government • Government of India • RBI • Reserve Bank of India • Shaktikant Das • Supreme Court of India
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 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 ..
Month: Current Affairs - August, 2020
Category: Economy & Banking Current Affairs
Topics: Central government • Dividend • Government of India • RBI • Reserve Bank of India
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 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 ..
Month: Current Affairs - May, 2020
Category: Legal & Constitution Current Affairs
Topics: Central government • CLAT • COVID-19 • Lockdown • Supreme court
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 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 ..
Topics: Central government • Delhi High Court • Indian Army • Indian Women • Short Service Commission • Supreme court
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 also hoped that the growth would improve in 2021 but the country’s economy is stuck in a low consumption-low investment phase. It observed that the shortfall in ..
Month: Current Affairs - January, 2020
Topics: Central government • Ind-Ra • India Ratings and Research • Mumbai • Reserve Bank of India