Page-15 of Current Affairs - December, 2017

ABD lowers India’s GDP forecast to 6.7% for 2017-18

The Asian Development Bank (ADB) in its Asian Development Outlook Supplement has lowered India’s economic growth forecast for current fiscal i.e. FY 2017-18 by 0.3% to 6.7% from earlier 7%. The reasons cited for this downward revision of growth forecast ..

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Rich-poor divide increasing rapidly: Study

According to World Inequality Report 2018, Income inequality in India has reached historically high levels with share of national income accruing to India’s top 1% earners touching 22% in 2014, while share of top 10% was around 56%. The report ..

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Government to set up 12 Special Courts to deal with cases against tainted lawmakers

The Union Government has framed a scheme to set up 12 Special Courts for a year to fast-track the trial of criminal cases against 1,581 MPs and MLAs. This decision was conveyed by Government to Supreme Court and is intended ..

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Railways introduces Online Bill tracking system for Vendors & Contractors

The Union Ministry of Railways has introduced Indian Railways E-Procurement System (IREPS), an online bill tracking system for vendors and contractors. It aims to enhance transparency in the processing and settlement of bills by increasing use of information technology. Indian ..

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Rajasthan becomes first state to offer e-mail IDs in Hindi

Rajasthan has become the first state in India to launch free email addresses in Hindi for its residents. The facility will be available at [email protected] (in Devanagari script). The initiative aims to ensure maximum participation of people towards e-governance and ..

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Government inks $250 million Loan Agreement with World Bank for SANKALP Project

The Union Government has signed US $250 million loan agreement with World Bank for “Skills Acquisition and Knowledge Awareness for Livelihood Promotion” (SANKALP) Project to support livelihood. World Bank’s financing arm International Bank for Reconstruction and Development (IBRD) will provide ..

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DCI and NHAI ink MoU to facilitate supply of sand for highways construction work

Dredging Corporation of India (DCI) and National Highways Authority of India (NHAI) have signed a MoU for facilitating the supply of sand for highways construction work. The MoU aims to fill sand supply gap by facilitating the availability of sand ..

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India ranks 109th in mobile internet speed: Ookla

India ranked 109th out of 122 countries in the mobile internet speed and 76th out of 133 countries in broadband space in the November 2017 Speedtest Global Index (SGI). The index was released by popular internet speed testing service provider ..

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