• The 7th Joint Trade Committee Meeting between India and Myanmar was held through virtual mode on 24th November 2020. During the consultation, both sides reviewed bilateral issues, including trade, investment, banking, connectivity, capacity building and border infrastructure upgrades. Both…
• The Ministry of Road Transport and Highways has issued the Motor Vehicle Aggregator Guidelines 2020 as per the requirements and provisions of the Motor Vehicles (Amendment) Act, 2019 and further as per the amended Section 93 of the Motor…
• India’s Gross Domestic Product (GDP) contracted 7.5% in the second quarter of 2020-21, following the record 23.9% decline recorded in the first quarter, as per estimates released by the National Statistical Office. About: • The country has now entered…
• The bill will replace the Merchant Shipping Act, 1958. • It aims to promote growth of Indian shipping industry by incorporating best practices from advanced countries like U.S., Japan, U.K., Singapore and Australia. Key highlights of Bill: • For…
• Emergency Credit Line Guarantee Scheme (ECLGS) 2.0 scheme will provide funding to 26 stressed sectors identified by Kamath committee and healthcare sector with outstanding credit above Rs. 50 crore and not exceeding Rs.500 crore as on February 29, 2020.…
• At the inauguration of 3rd Global Renewable Energy Investment Meeting and Expo (Global RE-INVEST), PM highlighted that India’s demand for solar energy is creating a market opportunity worth $20 billion annually. About: • Global RE-INVEST is renewable energy investors…
• Niti Aayog has given final contours to the plan of helping the poorest Scheduled Caste and Scheduled Tribe households with a monthly income of less than Rs. 5,000 with conditional cash transfers. Key highlights: • Currently, Developmental Action Plan…
• The idea envisages a system where elections to all states and the Lok Sabha will have to be held simultaneously. • It was a norm until 1967, however after 1967, the terms of State Legislative Assemblies (SLAs) and the…
• The Centre has issued a draft Merchant Shipping Bill, 2020 for public consultation. The proposed legislation aims to repeal and replace the Merchant Shipping Act, 1958. The primary aim is to promote the growth of the Indian shipping industry…
• Ministry of Ports, Shipping and Waterways has issued a draft of the Merchant Shipping Bill, 2020 for public consultation. It aims to repeal and replace the Merchant Shipping Act, 1958 and the Coasting Vessels Act, 1838. About: • To…
• Map will help public and private sector stake-holders direct capital towards Investment Opportunity Areas (IOAs), and White Spaces (Areas of Potential) that can contribute to nationally determined sustainable development needs of the country. About: • Identified 18 IOAs and…
• TX2 is the global award which was set up in 2010 in St. Petersburg Tiger Summit by international organizations working for tiger conservation like WWF, UNDP, IUCN, Global Tiger Fund, CATS and The Lion’s Share. • TX2 stands for…
