Government of India 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 ..

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ESIC to pay 50% of 3 months’ average wages as Unemployment benefit

In a recent notification, the Employees’ State Insurance Corporation declared to relax their norms, to aid the people who became jobless amid the COVID-19 outbreak with 50% of average wages of three months as unemployment benefit. Highlights The people who lost their job between March 24 and December 31 will get the benefit. A total ..

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Atma Nirbhar Bharat, to get a boost with ‘Swadeshi Microprocessor Challenge

The ministry of electronics and IT of the government of India launched a contest titled ‘Swadeshi Microprocessor Challenge’ with the vision of going one step further towards self-reliance or “Atma Nirbhar Bharat”. In the launching event, Union electronics and information technology minister Ravi Shankar Prasad stated, the contest is going to provide impetus to the ..

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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 ..

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More than 3 crore N95 masks, 1.2 crore PPE kits distributed among states, UTs and institutions

The Union Government has stated that over 3.04 crore N95 masks, more than 1.28 crores PPE kits and over 10.83 crores HCQ tablets have been distributed among the states, UTs and central institutions, free of cost, in order to combat the COVID 19 outbreak in the country as well as the world. The figures have ..

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