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RBI keeps repo rate unchanged at 4%
In News- The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to keep the policy repo rate unchanged at 4.0% under the Liquidity adjustment facility (LAF). Consequently, the reverse repo rate remains unchanged at 3.35% and the marginal standing facility (MSF) rate and the Bank Rate at 4.25%. It was decided […]
The Foundation Stone of infrastructure projects in West Bengal
In News-Recently, the Prime Minister dedicated to the nation four infrastructure projects worth 4700 crore rupees at Haldia in West Bengal. About: The foundation stone of the second Catalytic-Isodewaxing Unit was laid down at the Haldia refinery of Indian Oil Corporation Limited. Other three projects are Bharat Petroleum Corporation Limited(BPCL’s) LPG Import Terminal, GAIL’s Dobhi-Durgapur […]
Government allocation for Pradhan Mantri Fasal Bima Yojana (PMFBY)
In News –Recently, the Government of India allocated Rs. 16000 crore for Pradhan Mantri Fasal Bima Yojana (PMFBY) for 2021-22. This is a budgetary increase of around Rs 305 crore against the previous fiscal year 2020-21. About Pradhan Mantri Fasal Bima Yojana (PMFBY): The flagship crop insurance scheme was launched on 13th January 2016, in […]
Internet Shutdowns
In News: Recently, the Jammu and Kashmir (J&K) administration has restored high-speed mobile Internet for the first time since 5th August 2019. The Home department revoked the restrictions on mobile data services and fixed-line Internet after the advice of a special committee and upon careful review of the overall security situation in the UT. The […]
Glacial Burst
Glacial Burst In News: Recently, a glacial burst on Nanda Devi has triggered an avalanche and caused flash floods in Rishiganga and Dhauliganga rivers in Chamoli district of Uttarakhand. Major Points: It washed away at least two hydroelectric power projects, the 13.2 MW Rishiganga hydroelectric power project and 520 MW NTPC Tapovan-Vishnugad project (also […]
Sri Lanka settles $400 mn currency swap with India
In News: Reserve Bank of India (RBI) and the Central Bank of Sri Lanka (CBSL) had concluded the USD 400 million currency swap agreement in July last year under the SAARC currency swap framework. It was extended for 3 months on Central Bank of Sri Lanka (CBSL)’s request. Further extension requires Sri Lankan negotiations with […]
Men access mental health helpline more
In News: A report released on the basis of Caller profiles to Kiran Helpline (1800-599-0019) by Department of Empowerment of Persons with Disabilities (DEPwD) under Ministry of Social Justice and Empowerment (SJE) has revealed huge insight in status of Mental Health of India. Key Findings of Report: Men seek more help than females. Maximum people […]
1st India-EU High-Level Dialogue on Trade and Investment held
In News: The First High-Level Dialogue (HLD) as agreed under 15th India-EU Leaders Summit, 2020 was held on 5th Jan 2021. Key Outcomes: Challenges Ahead: For a successful India-EU trade pact both need to be harmonious, strong and stable but the situation seems a bit different. Few challenges are as listed below: Way Forward: As […]
Facts in News
Facts in News Hunar Haat Organised in September 2020 with the theme of “Local to Global”. Organised multiple times over different cities […]