Growth rate Current Affairs, GK & News
Portal GARUD launched by DGCA
The Directorate General of Civil Aviation (DGCA) operating under Ministry of Civil Aviation launched “GARUD” Portal. GARUD is Government Authorisation for Relief Using Drones. Highlights The GARUD portal will assist state entities to obtain exemptions from central government to operate drones for COVID-19 purposes. The portal is important as several state entities are deploying drones ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: COVID-19 • DGCA • Drones • Fitch Ratings • GARUD portal • Growth rate • IMF • Smart Cities Mission • smart cities scheme • Startup • World Bank
Fifteenth Finance Commission to assess impacts of COVID-19
The Economic Advisory Council of the Fifteenth Finance Commission is to meet on April 23 and 24, 2020. The council is to discuss the impacts of COVID-19. Highlights A two-day meeting is to be held through video conference. The experts will discuss about macro variables over time. The agenda of the meet also includes public ..
Month: Current Affairs - April, 2020
Category: Economy & Banking Current Affairs
Topics: Advisory Council • COVID-19 • Economic growth • Fifteenth Finance Commission • Fitch Ratings • GDP • Growth rate • IMF • Moody's • World Bank
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be used for purchase of equipment and also for detection capacity. India had earlier approached AIIB ..
Month: Current Affairs - April, 2020
Category: International Current Affairs
Topics: ADB • AIIB • COVID-19 • Economic growth • Economic Slowdown • G20 • Growth rate • Health • liquidity
International Monetary Fund predicts India’s Growth Rate at 1.9%
Following the World that set India’s Growth rate between 1.5% and 2.8%, the International Monetary Fund has set growth rate of India at 1.9%. On April 14, 2020, the IMF released its report predicting growth rate of the country at 5.8%. Highlights IMF also says that the India will recover at the growth rate of ..
Month: Current Affairs - April, 2020
Category: Reports & Indexes Current Affairs
Topics: COVID-19 • Economic growth • Global Economy • Growth rate • international health emergency • International Monetary Fund
World Bank: India is expected to grow at 1.5% to 2.8%
On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to 2.8%. Key Highlights of the report The report says that India’s growth rate is to be the lowest since its balance of payment crisis in 1991. Earlier, ..
Month: Current Affairs - April, 2020
Category: Reports & Indexes Current Affairs
Topics: Asian Development Bank (ADB) • Economic growth • Fitch Ratings • GDP Growth Rate • Growth rate • growth rate of india • india-world bank • Moody's • World Bank