Maharashtra: GK, General Studies and Current Affairs

India gets Approval for 346 Million USD Loan from ADB under RBL Modality

The Asian Development Bank approved a 346 million USD loan under the RBL modality to help ensure power connection in rural Maharashtra. About the Loan Maharashtra has half its population engaged in agriculture but has issues like inefficient use of electricity and water- leading to inefficient irrigation. The 346 billion USD loan from ADB is ..

Maharashtra Government approves Khatua panel’s recommendation to slash auto rickshaw fares

The Maharashtra government has approved the Khatua panel’s recommendation to slash the fare prices of autorickshaws by 15 per cent between 12 pm and 4 pm. This discount in fare is called as implementation of “happy hour” for autorickshaws by the state government. However, this is not applicable to app-based taxis and local cabs. This ..

Manodhairya Scheme

The fund proposed for Maharashtra’s Manodhairya Scheme has more than halved from 2018-19 (80 crore INR) to 2019-20 (30 crore INR). Workings of the Scheme The Manodhairya Scheme is a victim compensation scheme introduced by the Maharashtra government. It provides financial support and rehabilitation to the victims. Under the scheme, the police are required to ..

NTPC Limited to acquire government’s entire stake in THDC India and NEEPCO

The Competition Commission of India (CCI) recently permitted the Maharatna PSU NTPC Limited to acquire the government’s entire stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO). NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent in THDC India, the rest of which is held by ..

India’s first inter-city electric bus service inaugurated in Maharashtra

India’s first inter-city electric bus service was recently inaugurated in the state of Maharashtra between Mumbai and Pune by the Union Transport minister Nitin Gadkari. The luxury electric bus with 43-seater capacity has been manufactured by a private firm and being operated by another Maharashtra-based mobility firm. The bus would be operated twice daily between ..