• Draft defence production and export promotion policy (DPEPP) is a guiding document to provide a focused, structured and significant thrust to defence production capabilities of country for self-reliance and exports. • Share of domestic procurement in overall defence procurement…
• Survey shows deterioration in access to higher education between 2014 and 2018. Key Findings related to higher education: • Overall, as of 2018-19, 37.4 million students are part of the higher education system of which 18.2 million are female.…
• The World Bank and the Government of India signed the $750 million agreement for the MSME Emergency Response Programme. About: • The World Bank’s MSME Emergency Response Programme will address the immediate liquidity and credit needs of some 1.5…
• Union Cabinet approved a scheme for interest subvention of 2% for a period of 12 months, to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers. About: • The scheme will be extended to loans…
• The country’s two power exchanges — Indian Energy Exchange (IEX) and Power Exchange India (PXIL) — commenced real-time electricity market (RTM) on their platforms. About: • The RTM enables consumers, including distribution companies (discoms) and captive users, to buy…
• The country’s fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data. About: • The deficit, which signifies the gap between government revenue and expenditure,…
• President Ram Nath Kovind has decided to forgo 30% of his salary for the whole year apart from directing officials to adopt other austerity measures in the wake of the coronavirus (COVID-19) pandemic. Constitutional Provisions: • Article 59 (2):…
• The Union Minister of Human Resource Development Ramesh Pokhriyal launched a week-long ‘Bharat Padhe Online’ campaign for crowdsourcing of ideas for improving the online education ecosystem of India. About: • Union Minister said that this campaign aims to invite…
• Amid the coronavirus gloom is a positive news on the road construction front as the National Highways Authority of India (NHAI) on Monday announced it has completed constructing 3979 km of highways in the financial year 2019-20. About: •…
• The Reserve Bank of India has formalised guidelines for regulating the activities of payment aggregators (PAs) given the important functions of these intermediaries in the online payments’ space. Key features of new guidelines: • Payment Aggregators (PAs) are entities…
• Minister for Home Affairs introduced the National Forensic Sciences University Bill, 2020 in the Lok Sabha. About: • The bill seeks to establish a National Forensic Sciences University as an institution of national importance by upgrading the Gujarat Forensic…
• The World Water Day 2020 was observed on 22nd March with theme “Water and Climate Change.” About: • World Water Day is an annual UN observance day observed on 22 March. • To advocate for the sustainable management of…
