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Addressing Fiscal Worries of States

Centre will release over ₹95,000 crores in one stroke to States this month after Union Finance Minister met with Chief Ministers and State Finance Ministers to discuss the state of the economy and to sustain the recovery from the COVID-19 pandemic.Implication of such an announceme

Publish Date 20, Nov 2021 Read More
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Pollution in Yamuna

Delhi’s Chief Minister has announced a six-point action plan to completely clean the Yamuna by 2025.Timelines are set for every small aspect of the project and they will be revisited every 15 to 30 days to ensure that it is completed on time.Action planNew sewage trea

Publish Date 20, Nov 2021 Read More
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RBI panel moots law to regulate digital lending

A Reserve Bank of India (RBI) Working Group (WG) on digital lending, including lending through online platforms and mobile apps has submitted its recommendations.Key recommendations:A separate legislation should be enacted to oversee such lending.Setup a nodal agency to v

Publish Date 20, Nov 2021 Read More
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Centre accepts Cairn’s offer on retrospective tax

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC undertakings which would allow for the refund of taxes.The company will now be issued a ₹7,900 crore refund.What&rsquo

Publish Date 20, Nov 2021 Read More
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Privilege motion against CBI, ED in WB

Reference News:The Trinamool Congress has moved a breach of privilege motion in the West Bengal Assembly against the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).What’s the issue?It was moved for not taking t

Publish Date 19, Nov 2021 Read More
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New Pak. law allows Jadhav to file appeal

Reference News:Pakistan’s Parliament has enacted a law to give Indian death-row prisoner Kulbhushan Jadhav the right to file a review appeal against his conviction by a military court.Background:Mr. Jadhav, a 51-year-old retired Indian Navy officer, was sent

Publish Date 19, Nov 2021 Read More
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Cabinet nod for mobile services in 7,287 villages

Reference News:The Union Cabinet has given its approval for provisioning of mobile services in uncovered villages of Aspirational Districts across five States.The project envisages to provide 4G mobile services in the 7,287 uncovered villages of 44 Aspiration

Publish Date 19, Nov 2021 Read More
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Pradhan Mantri Gram Sadak Yojana (PMGSY)

Reference News:The Cabinet Committee on Economic Affairs has approved continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY)-I and II up to September, 2022, and Road Connectivity Project for Left Wing Extremism Affected Areas up to March, 2023.

Publish Date 19, Nov 2021 Read More
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Annual Status of Education Report (ASER) 2021

Reference News:Annual Status of Education Report (ASER) 2021 was recently released.The ASER survey was facilitated by the NGO, Pratham.Key findings of the report Pandemic effect: The percentage of rural children who were not enrolled in school doubled during the

Publish Date 19, Nov 2021 Read More
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Russian ASAT test and its implications

Context:Russia has carried out an Direct-Ascent Anti-Satellite (DA-ASAT) test by shooting down an old satellite which has created a huge debris in the low earth orbit, according to the U.S. space command.What is the test and its significance?According to the US space

Publish Date 19, Nov 2021 Read More