Topic: Public Sector Undertakings
Cooperatives in Government-e-Marketplace (GeM) Platform
The Union Cabinet has expanded the scope of the Government e-Marketplace (GeM) to allow cooperative societies to register as buyers on this portal. How will this decision help...
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...
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...
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...
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...
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...
Parliament passes Coal Mines (Special Provisions) Bill, 2015
Parliament has passed Coal Mines (Special Provisions) Bill, 2015. It was first passed in Lok Sabha on 4 March 2015 and later in Rajya Sabha on 20 March...
Union Government launches BIRAC AcE Fund to accelerate growth of entrepreneurs in Biotechnology
Union Government on 19 March 2015 launched Biotechnology Industry Research Assistance Council (BIRAC) AcE Fund to accelerate growth of entrepreneurs in Biotechnology. It was announced by Minister of... Lok Sabha passes Warehousing Corporations (Amendment) Bill, 2015
The Lok Sabha on 18 March 2015 passed the Warehousing Corporations (Amendment) Bill, 2015. The Bill seeks to amend the Warehousing Corporations Act, 1962. Key facts Statement of...
Five sick PSUs to be closed down: Union Government
Union Government has announced that 5 sick public sector undertakings (PSUs) will be closed. It was announced by Union Heavy Industries Minister Anant Geete while replying to a... 