Public Sector Undertakings Current Affairs, GK & News

Government to come out with list of strategic sectors

The government is coming out with a new public sector enterprises policy that is going to define the strategic sectors which will not have more than four public sector undertakings. It has been announced by the Finance Minister Nirmala Sitharaman. Highlights As part of the ‘Atmanirbhar Bharat Abhiyan’ package, the government announced that there would ..

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ADB assures 2.2 billion USD loan to India

India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of 2.2 billion USD. Highlights The funds are to be used to help alleviate poverty, and also address economic impacts on micro, medium and small size enterprises. GoI ..

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Cabinet approves Bharat Bond Exchange Traded Fund

On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs 1000. Highlights The BBETF at its initial stages will hold basket of bonds that are ..

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50th Raising Day celebrations of CISF

Prime Minister Narendra Modi attended the 50th Raising Day celebrations of Central Industrial Security Forces (CISF), at Indirapuram in Ghaziabad, Uttar Pradesh. Lauding the role of CISF in building New India by providing security to the vital institutions of the country, Prime Minister suggested the idea of starting digital museums at airports and metros, showcasing the ..

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CISF Creates New Guinness World Record

The Central Industrial Security Force (CISF) created a new Guinness World Record for the longest single moving line bicycle parade at the Yamuna Expressway. New World Record The world record was attempted to commemorate the 50 years of the paramilitary force CISF. For creating the World Record the personnel of the central force rode 1,327 bicycles non-stop with a uniform ..

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