RBI conducts OMO for purchase of Rs 10,000 crore worth government securities

The Reserve Bank of India (RBI) is conducting Open Market Operations (OMO) in the form of purchase of Rs 10,000 crore worth government securities. This important step of the central bank has been announced at the backdrop of the increased ..

Uttarakhand Government issues orders to remove reservation in promotion for SC/ST

The state government of Uttarakhand issued orders to remove reservation in promotions for SC/ST employees. In the month of February 2020, the Supreme Court stated that the government is not bound to make reservations and claiming reservation in promotions is ..

DAC approves procurement of 83 Tejas fighter aircrafts

Defence Acquisition Council (DAC) approved the procurement of 83 Tejas fighter aircrafts, which are manufactured by Hindustan Aeronautics Limited (HAL). The Light Combat Aircraft Tejas is indigenously designed by Aircraft Development Agency (ADA) under the Defence Research and Development Organisation ..

Kerala government announces ₹20,000 crore economic package to tackle coronavirus outbreak

The Kerala state government announced a ₹20,000 crore economic package to deal with the coronavirus outbreak. This package includes funds to clear dues which the government owes individuals and institutions, providing consumer loans, disbursing welfare pension of two months in advance and ..

Bridge Constructed across Teesta River in North Sikkim by BRO opened

On March 21, 2020, the Borders Road Organization opened a 360 feet long bridge across Teesta river. The bridge was constructed by BRO under Project Swastik. Highlights Till date, the connectivity was routed through restricted army land. With the bridge ..

Month: Current Affairs - March, 2020

ICMR issues new guidelines to test Corona Virus in India

On March 20, 2020, the Indian Council of Medical Research issued new guidelines to test COVID-19. Highlights The ICMR has so far been conducting tests only on symptomatic patients (persons with symptoms of Corona Virus). However, the Council has now ..

Month: Current Affairs - March, 2020

Ministry of Health: Complaints to ICMR on misuse of Stem Cell therapy

On March 20, 2020, the Ministry of Heath informed Lok Sabha that ICMR (Indian Council of Medical Research) has received several complaints on misuse of stem cell therapy. Highlights The National Apex Committee operating under the ministry is evaluating the ..

Month: Current Affairs - March, 2020

US tests Hypersonic Nuclear capable missile

On March 20, 2020, the United States successfully tested nuclear capable hypersonic missiles. The test challenges Russia’s missile testing capabilities. Recently, Russia tested a hypersonic weapon in December 2019 and China has already showcased its DF-17 hypersonic glide vehicle. The ..

Month: Current Affairs - March, 2020

Parliamentary Standing Committee: No Sufficient Checks on genuineness of Fertilizer Subsidy

On March 20, 2020, the Parliamentary Standing Committee that was set up under the leadership of the Lok Sabha Member Kanimozhi Karunanidhi submitted its report. The Committee was set up to check whether genuine farmers are getting fertilizer subsidy. Highlights ..

Month: Current Affairs - March, 2020

Union Cabinet approves financial assistance to EMC 2.0 scheme

The Union Cabinet chaired by the Prime Minister of India has recently approved financial assistance to the Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme. The scheme aims at developing world class infrastructure along with common facilities and amenities through Electronics ..