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The Blue Dot Network is like the ‘Michelin Guide’ for infrastructure projects. The USA is reported to be in plans to counter China’s influence with this network. What is the Blue Dot Network? The Blue Dot Network is an initiative to rate infrastructure projects internationally. This multi-stakeholder initiative will be like ‘Michelin Guide’ (for rating ..
In Andhra Pradesh, Vice-President M Venkaiah Naidu has recently dedicated the India’s longest electrified rail tunnel i.e situated between Cherlopalli and Rapuru. He also inaugurated the 112-km long electrified railway line between Venkatachalam and Obulavaripalli. The length of the electrified rail tunnel is 6.6km. The tunnel has 44 trolley refuges and 14 cross-passages in a ..
The nation of Indonesia has decided to shift its capital territory from Jakarta to a new site located in East Kalimantan province. What has happened? Indonesia is one of the world’s most populous countries and while home to several islands, its capital is located at Jakarta. Over, half of the country?s nearly 270 million people ..
It is no surprise that the global economy is about to enter a recession. The economic woes are also high for Indian Economy which is currently going through its worst phase of growth. However, the economy can be stimulated via several methods. What are these methods? To stimulate the economy, the government can either cut ..
Kerala is one of the most prosperous and well-developed states in India. Kerala relies on a network of well-developed roads and waterways to establish connectivity with the various parts of the state. This enables the rapid movement of goods and personnel throughout the state and to the other parts of the country. However, in the ..
Elephant Bonds is a class of proposed debt instruments in India. The proposal to launch Elephant Bonds was made by government of India appointed Surjit Bhalla Committee on Trade and Policy in July, 2019. Elephant Bonds are one among other the key recommendations of the Surjit Bhalla Committee. Proposed Features An Elephant Bond is a ..
The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The inclusion of RBI in the regulatory role would mean stringent asset quality reviews for the HFCs. RBI would force the HFCs to face high scrutiny and it ..
The Central government will undertake a mammoth school census programme called Shagunotsav . About the Programme The programme will assess and grade about 12 lakh government and government-aided schools on various key indicators, including infrastructure and other facilities. It is also intended to verify the authenticity of the data provided by the states to the ..