Department of Economic Affairs
What is Economic survey 2023?
The report detailing the financial status of the country is called Economic Survey. The survey is released by the Finance Ministry and submitted by the Finance Minister to the Parliament. The finance minister submits the survey report after the President’s ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
Kerala: Suraksha-Mitra Project
The Suraksha-Mitra project has become operational in the State of Kerala. What is Suraksha-Mitra Project? Suraksha-Mitra Project is a vehicle monitoring system. It sends distress messages in case of any accident. Motor Vehicle Department has launched this project under Nirbhaya ..
Month: Current Affairs - June, 2022
Category: Government Schemes Current Affairs • International / World Current Affairs
India’s Rank in Forest Area Gain
The Economic Survey released by the Department of Economic Affairs recently said that India ranks third in the world in terms of forest gain area. India has added 2,66,000 hectares of forest area every year between 2010 and 2020. What ..
Month: Current Affairs - February, 2022
Category: Environment Current Affairs
Panel set up by PMO to mitigate COVID-19 and restore normalcy after 21 Days Lock Down
On March 29, 2020 the Prime Minister Office constituted a high-level panel to restore normalcy after 21 days of normalcy. The high-level committee is to suggest measures to improve health-care, reduce miseries and put the economy back on track. Highlights ..
Month: Current Affairs - March, 2020
Cabinet approves Partial Credit Guarantee Scheme
Union Cabinet approved the ‘Partial Credit Guarantee Scheme’ that allows public sector banks (PSBs) to purchase high-rated pooled assets from financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs). However, the amount of overall guarantee has been limited ..
Month: Current Affairs - December, 2019
Govt sanctions Rs.100cr to set up Women Help Desks in Police Stations
Union Home Ministry has sanctioned Rs.100 crore from Nirbhaya fund for setting up and strengthening of women help desks in police stations across country. The move came a fortnight after a young veterinarian was gang-raped and murdered near Hyderabad, leading ..
Month: Current Affairs - December, 2019
DCC approves levy of penalty on Airtel, Vodafone Idea
The Digital Communications Commission (DCC), the highest decision-making body of Department of Telecom (DoT), has approved levying of penalty on Bharti Airtel Ltd. and Vodafone Idea Ltd. for denial of interconnection to Reliance Jio Infocomm Ltd. when the latter had ..
Month: Current Affairs - June, 2019
RBI sets up Usha Thorat Panel on offshore rupee markets
The Reserve Bank of India (RBI) has constituted a panel under the former deputy governor Usha Thorat to examine issues related to offshore rupee markets and recommend policy measures to ensure the stability of the external value of the domestic currency. ..
Month: Current Affairs - March, 2019
Sakhi Centres
Sakhi centre or One Stop Centre (OSC) is a fully sponsored scheme of Central Government. These centres are set up through the Nirbhaya Fund under the National Mission for Empowerment of women by the Ministry of Women and Child Development. ..
Month: Current Affairs - January, 2019
Government notifies new Rs.200 notes
The Union Finance Ministry on the recommendations of the Central Board of Directors of the Reserve Bank of India (RBI) has notified currency notes of Rs.200. The new notes are likely to be in circulation shortly. The new Rs.200 currency ..