Page-4 of Current Affairs - February, 2016
Highlights of the Railway Budget 2016-17
Union Railway Minister Suresh Prabhu on 25 February 2016 presented the Railway Budget 2016-17 in the Parliament. This was the the second railway budget for Suresh Prabhu and third rail budget of the Prime Minister Narendra Modi-led NDA government. Below ..
Month: Current Affairs - February, 2016
ISRO gears up for launch of India's first solar mission Aditya-L1
The Indian Space Research Organisation (ISRO) is set to launch the country’s first solar mission called Aditya-L1. It was announced by Union Minister of State (MoS) in PMO Jitendra Singh in the Lok Sabha. About Aditya-L1 mission As part of ..
Month: Current Affairs - February, 2016
India losses solar case against US at WTO
India has lost solar case against United States at the World Trade Organisation (WTO) for in breaching of international trade rules. In this regard, WTO’s Dispute Settlement Body (DSB) ruled that India’s domestic content requirement for National Solar Mission (NSM) ..
Month: Current Affairs - February, 2016
SBI Launches SBI e Smart SME to offer Ecommerce Loan
India’s largest lender State Bank of India (SBI) has launched SBI e-Smart SME to provide a working capital loan for sellers on ecommerce platforms. It was launched by SBI in partnership with ecommerce platform Snapdeal in the presence of bank’s ..
Month: Current Affairs - February, 2016
Union Cabinet approves $150 million Credit for Chabahar Port Development
The Union Cabinet has approved 150 million dollars credit for Development of the strategically important Chabahar Port in Iran. In this regard, the Union Ministry of Shipping had forwarded the proposal for provision and operationalization of credit from EXIM Bank. ..
Month: Current Affairs - February, 2016
Justice Subhro Kamal Mukherjee sworn-in as Chief Justice of Karnataka High Court
Justice Subhro Kamal Mukherjee has sworn-in as the 28th Chief Justice of the High Court of Karnataka. He was administered oath to the office as per provision of Article 219 of Constitution by the Governor Vajubhai R. Vala in a ..
Month: Current Affairs - February, 2016
Union Cabinet approves establishment of Atal Innovation Mission and SETU in NITI Aayog
The Union Cabinet as given its approval for establishment of Atal Innovation Mission (AIM) and Self Employment and Talent Utilisation (SETU) in NITI Aayog. This move seeks to give substantial boost to the innovation ecosystem and to catalyse the entrepreneurial ..
Month: Current Affairs - February, 2016
Union Cabinet gives nod to incentivise cashless transactions
The Union Cabinet has given its approval for introduction of steps for promotion of cashless payments (transactions) through cards and digital means. In this regard, various short and medium term measures have been approved for implementation by the Government Departments, ..