According to the Oil Minister Dharmendra Pradhan Iraq has overtaken Saudi Arabia to become India’s top crude oil supplier. Iraq supplied more than a fifth of the Inda’s oil needs in the current financial year (2017-18). Saudi Arabia traditionally has been Read More …
Category: Economy
Food Fortification and steps taken by the Government
To address micro nutrient deficiencies the government has taken many steps which include promotion of food fortification: Food Safety and Standards (Fortification of Foods) Regulations, 2016: The Food Safety and Standards Authority of India (FSSAI) has operationalised on October 16, Read More …
Rs. 2,64,113 crore transferred to the beneficiaries under Direct Benefit Transfer (DBT)
According to the Ministry of Finance data, under Direct Benefit Transfer (DBT) scheme, 366 schemes/components have been identified where cash is directly transferred to bank account of the beneficiaries. Till February 15, 2018, Rs. 2,64,113 crore has been transferred to Read More …
Ministry of Finance constituted a Steering Committee on Fintech
The Union Ministry of Finance in pursuance to the announcement made by the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in his Budget Speech 2018-19(Para 75), has constituted a Steering Committee on Financial Technology (Fintech) related issue under Read More …
Araku Valley coffee will get Geographical Indication tag
Coffee Board has applied for registration of Araku coffee under Geographical Indications to protect the unique identity of the coffee grown by thetribal communities of Araku Valley in Visakhapatnam district of Andhra Pradesh. Integrated Coffee Development Project: The Central Government, Read More …
Child labour declined in India, says the government
As per 2011 Census, the number of child workers in the age group of 5-14 years in the country is 43.53 lakh which shows a decline from 57.79 lakh as per 2001 Census. According to the Ministry of Labour & Read More …
Steps taken by the Road Transport and Highways Ministry to prevent Road Accidents
According to the the Ministry of Road Transport and Highways, it has taken a number of steps to prevent road accidents and road accident fatalities . Some of these steps are: National Road Safety Policy: The Government has approved a National Read More …
Traffic Incident Emergency Management System (TIMS) of NHAI
According to the Ministry of Road Transport and Highway, the National Highways Authority of India is in the process of rolling-out an integrated setup through the Traffic Incident Emergency Management System (TIMS). Under this system, Incident Management Contractors will be Read More …
Status of National Waterways in India
Budget: According to the Ministry of Shipping, the Central Government has got a budget allocation of Rs. 228.00 crore for the development of Inland waterways transport, which also includes Rs. 126.00 crore for North Eastern Region, for the year 2017-18. Read More …
Ministry of Tourism has launched the Incredible India 2.0 campaign
According to the the Ministry of Tourism, it has launched the Incredible India 2.0 campaign, during the financial year 2017-18 to promote various destinations and tourism products of the country including spiritual, medical and wellness tourism in important and potential Read More …
Per capita income at 2011-12 prices during 2017-18 is likely to Rs. 86,689
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the Second Advance estimates of national income at constant (2011-12) and current prices for the financial year 2017-18. GDP at constant (2011-12) prices in Q3 of 2017-18 Read More …
Shakthi Sthala-The world’s largest solar park at Pavagada in Karnataka
Karnataka Chief Minister Siddaramaiah on 1 March 2018, inauguratied the first phase of the Pavagada solar park. After attaining of its full potential of 2000 MW, this park will become the world’s largest solar park. Built at an estimated cost Read More …
Cabinet approves Fugitive Economic Offenders Bill, 2018
The Central Government has approved the proposal of the Ministry of Finance to introduce the Fugitive Economic Offenders Bill, 2018 in Parliament. The Bill, approved on 1 March 2018, would help in laying down measures to deter economic offenders from Read More …
Cabinet approves Establishment of National Financial Reporting Authority
The Union Cabinet on 1 March 2018 approved the proposal for establishment of National Financial Reporting Authority (NFRA) and creation of one post of Chairperson, three posts of full-time Members and one post of Secretary for NFRA. Aims: The decision Read More …
The first Mega Food Park of Maharashtra
The first Mega Food Park in the state of Maharashtra will be inaugurated by Union Minister of Food Processing Industries Smt. Harsimrat Kaur Badal on March 1, 2018 at Degaon Village, in Satara District. This is the 10th Mega Food Park being Read More …