state government Current Affairs, GK & News

Post Devolution Revenue Deficit (PDRD) Grant

The Central Government recently released 9,871 crores of rupees as Post Devolution Revenue Deficit (PDRD) grant. The grant was provided to 17 states. The grant was released by the finance ministry. About PDRD Grant The Post Devolution Revenue Deficit grant is provided to the state governments. The grant is provided under Article 275 of the ..

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Delhi Ex Gratia Relief to Farmers

The Delhi Government recently approved Rs 20,000 per acre to farmers. These farmers incurred losses due to unseasonal rainfall. Rainwater logged in their fields and damaged the crops that were to be harvested. The state government allocated Rs 53 crores in all for around 29,000 acres. About the relief The farmers around the capital faced ..

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Cabinet Expansion in Madhya Pradesh; 28 ministers appointed

On July 2, 2020, 28 MLAs of the Madhya Pradesh Assembly took oath as ministers Highlights There are now 34 ministers in the cabinet of Mr Shivraj Singh Chouhan. Earlier there were only 5 ministers when the government was formed in March 2020. Chouhan had taken oath as Chief Minister of the state after 22 ..

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Monetary Policy Committee meets: Repo rate reduces to 4%

On May 22, 2020, the policy committee met in an emergency meeting to review the current economic outlook and impacts of COVID-19. Highlights The RBI has reduced the repo rate from 4.4% to 4%. It has reduced the reverse repo rate to 3.35%. The RBI also announced that the reduction in policy rate is to ..

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MP, the First State to launch innovative Scheme “FIR Aapke Dwar Yojana”

On May 11, 2020, the Madhya Pradesh Government has launched “FIR Aapke Dwar Yojana”. Highlights The scheme has been launched in 23 police stations as a pilot project. This includes both rural and urban areas. Features of the scheme Under the scheme, a person need not go to the police station to dodge a complaint. ..

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Finance Commission: States shall use FRBM clause to fight COVID-19

On April 24, 2020, the Finance Commission has advised the state governments to use the clauses of FRBM (Fiscal Responsibility) act in order to raise additional resources to fight against COVID-19. Centre and State FRBM The states have their own FRBM act. The main similarities between the centre and state FRBM is that the limit ..

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