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 the cooperatives? This decision will help the cooperatives of the nation to ..
Month: Current Affairs - June, 2022
Category: Government Schemes Current Affairs
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. ..
Month: Current Affairs - August, 2020
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 ..
Month: Current Affairs - April, 2020
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 ..
Month: Current Affairs - December, 2019
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, ..
Month: Current Affairs - March, 2019
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 ..
Month: Current Affairs - March, 2019
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 2015. This bill will replace the Coal Mines (Special Provisions) second ordinance, ..
Month: Current Affairs - March, 2015
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 State (MoS) for Science and Technology (S&T) and Earth Sciences Y.S. Chowdary ..
Month: Current Affairs - March, 2015
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 Objects and Reasons of the bill states that the Central Warehousing Corporation ..
Month: Current Affairs - March, 2015
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 question in the Lok Sabha. The 5 sick PSU that will be ..