V2C2: FISCAL DEVELOPMENTS
2019-20 — sluggish growth in Tax revenue relative to the budget estimates. Better Non-Tax revenue growth Going forward, considering the urgent priority of the Government to revive growth in the economy, the fiscal deficit target may have to be relaxed for the current year. Government Receipts Central government receipts can broadly be divided into Non-debt […]
V2C1: State of the Economy
Contents: Global Economy in 2019-20 Indian Economy in 2019-20 Size of the Economy GVA and GDP growth Inflation Employment: Formal vs Informal Fiscal situation Monetary Policy Credit growth External Sector Performance Sectoral Development Advance Estimates Key Indicators The Recent Growth Deceleration: Drag of Financial Sector on the Real Sector The slowing cycle of growth Decline […]
LAND UNDER IRRIGATION
Why in news? Under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) – Accelerated Irrigation Benefits Programme (AIBP), 99 major and medium irrigation projects having combined ultimate irrigation potential of 75.43 lakh Ha are under implementation; and under CADWM, development of the command area of these 99 projects have been taken up, targeting 44.35 lakh Ha of […]
NORTH EAST VENTURE FUND
Why in news? A venture fund is being provided by the Ministry of Development of North Eastern Region (DoNER) for the growth of entrepreneurship and to encourage start-ups in the region. North East Venture Fund (NEVF) North Eastern Development Finance Corporation Limited (NEDFi) in association with Ministry of Development of North Eastern Region (M-DoNER) has […]
MARCH 2020 | PIB SUMMARIES | MONTHLY COMPILATION
Legacy IAS March 2020 PIB SUMMARIES – Monthly Compilation for UPSC Civil Services Exam (IAS Exam) will be extremely crucial for your UPSC preparation. The source, Press Information Bureau of India is indubitably the most important source of Current Affairs for any UPSC aspirant. In this Compilation you will find important PIB articles from the […]
JAN AUSHADI PARIYOJANA KENDRAS
Why in news? Prime Minister Shri Narendra Modi shall participate in Jan Aushadi Diwas celebrations on 7th March 2020 through Video Conference from New Delhi. In order to celebrate achievements of the scheme and provide further impetus, 7th March is proposed to be celebrated as “Janaushadi Diwas” across India. Janaushadi Kendras Pradhan Mantri Bhartiya Jan […]
COTPA, 2003
The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003 or COTPA, 2003 is an Act of Parliament of India enacted in 2003 to prohibit advertisement of, and to provide for the regulation of trade and commerce in, and production, supply and distribution of […]
SCIENTISTS IDENTIFY BACTERIA THAT CAN REPLACE FERTILIZERS AND FUNGICIDES IN TEA PLANTS
Why in news? Researchers have found significant plant-growth-promoting and antifungal activities of endophyticactino bacteria associated with Tea plant and related genera, Eurya to find potent plant growth-promoting strains. Application of endophytic Actinobacteria could reduce chemical inputs in Tea plantation. This research finding confirms that endophyticactino bacteria have the potential to exhibit multiple growth-promoting traits such […]
QUBIT
Why in news? Researchers from Raman Research Institute (RRI), an autonomous institution under the Department of Science & Technology, have devised a new test for fairness of quantum coin or ‘qubit’ (the basic unit of information in a quantum computer) using entanglement theory. What is a Quantum Computer? First, how do normal computers work now? […]
PRADHAN MANTRI KAUSHAL VIKAS YOJANA (PMKVY)
About PMKVY Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative scheme of the Government of India for recognition and standardisation of skills. Launched in 2015, it is a flagship program of Ministry of Skill Development and Entrepreneurship (MSDE). National Skill Development Corporation (NSDC) implements it with the help of training partners. Under […]