Economic development Current Affairs, GK & News
Maiden Tranche of Sovereign Green Bonds
The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are similar to government securities. The first tranche, meaning the first part or portion of the Sovereign Green Bonds, was recently launched. The net worth of the Green ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2022
Topics: Bond Market • Bond yield • Capital • Clean Energy • Climate Action Investment • coupon rate • Economic development • Economic development in India • Environment • government security • Green Bonds • green energy • New and Renewable Energy • Rainwater harvesting • RBI • Reserve Bank of India • Solar energy • Sovereign Green Bonds • Tranche • Wind Energy Projects
Jal Jeevan Mission achieves 11 crore tap water connections
Prime Minister Narendra Modi recently applauded the Jal Jeevan Mission for achieving 11 crore tap water connections. The mission was announced by the PM in 2019. The main objective of the mission is to provide tap water connections to every household in India. And the target is to be achieved by 2024. For this mission, ..
Month: Current Affairs - January, 2023
Category: Government Schemes Current Affairs
Topics: Allocation of Funds • City Governance • Economic development • Economic development in India • Groundwater pollution • Har Ghar Jal • Har Ghar Nal Yojana • Households • Jal Jeevan mission • Jal Shakti • Piped water to households • Tap Water Connection • Water pollution
Uttar Pradesh: FRBM Ordinance, 2020
On June 22, 2020, the Uttar Pradesh Government announced that it will bring in an ordinance, “UP Fiscal Responsibility and Budget Management”, FRBM Ordinance, 2020. This is the second amendment being made to the act by the state government under CM Yogi Adityanath. Highlights By making the amendment, the Uttar Pradesh State Government will be ..
Month: Current Affairs - June, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Economic development • fiscal deficit • FRBM Act • GDP • Nirmala Sitharaman • Uttar Pradesh • Yogi Adityanath
World Economic Forum to hold Twin Summit
On June 3, 2020, the World Economic Forum announced that it is to host its next summit in Davos under the theme “The Great Reset”. The forum has named the summit as “A Unique Twin Summit”. Highlights The 51st annual summit of the World Economic Forum is to bring together global leaders, civil society and ..
Month: Current Affairs - June, 2020
Category: International / World Current Affairs
Topics: Economic development • Global Risks Report • Internatioal Summits • virtual summit • World Economic Forum
Delhi announced as next Google Cloud Region after Mumbai
On March 5, 2020, Google announced that it will open its next cloud region of India at Delhi by 2021. This is the second cloud region of Google after Mumbai, that was launched in 2017. Google owns 22 cloud regions in Asia Pacific. Highlights Along with Delhi Cloud Region, Google will also open its data ..
Month: Current Affairs - March, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Cloud Storage • Data Localization • Data protection • Economic development • Google
Fourth Anniversary of Shyama Prasad Mukherji Rurban Mission celebrated
The Fourth Anniversary of Shyama Mukherji Rurban Mission is being celebrated all over India on February 21, 2020. It was launched on February 21, 2016. The mission aims at stimulating local economic development and create well planned Rurban Regions Highlights The mission aims to develop 300 Rurban clusters. The Niti Aayog has proposed that these ..
Month: Current Affairs - February, 2020
Category: Government Schemes Current Affairs
Topics: Dr Shyama Prasad Mukherjee • Economic development • Funds • Gram panchayat • National Rurban Mission • NITI Aayog • Union Budget