Page-27 of Current Affairs - February, 2019

Best Practices in Budget Formulation

The Transparency International conducted a survey to analyse the best practices followed by the states in the Budget Formulation. About the Survey The survey was based on 4 parameters which include public disclosure, budgetary process, post-budget fiscal management and efforts ..

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Prompt Corrective Action framework restrictions lifted for Three Banks

The Reserve Bank of India (RBI) has lifted the Prompt Corrective Action (PCA) framework operational curbs on Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC). These public sector banks are out of the prompt ..

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Revision of GDP Estimates

The Ministry of Statistics and Programme Implementation has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and Capital Formation, 2017-18. The highlights of the revised estimates are: The forecast for GDP growth for 2017-18 was increased to ..

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Interim Budget 2019: What’s there for Agriculture

The Union Minister of Finance Piyush Goyal presented the interim budget. The various provisions in the budget related to the Agricultural sector are listed below: The budget announced a farm support scheme for farmers owning up to 2 hectares of ..

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Interim Budget 2019: Changes in Income Tax Regime

The Union Minister of Finance Piyush Goyal presented the interim budget. The changes proposed related to the income tax regime are listed below: The Finance Minister has increased the tax slab for zero tax to Five Lakh rupees and the ..

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Interim Budget 2019: Highlights

The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below: 6,000 rupees yearly direct support to farmers through PM-KISAN Programme. Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a ..

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North East Circuit under Swadesh Darshan Inaugurated

Union Minister for Tourism, Shri. K.J. Alphons inaugurated a project under North East India Circuit of  Swadesh Darshan Scheme of Ministry of Tourism. Infrastructure development activities like Tourist Information Centre, Meditation Centre, Organic Eco Tourism centre, Log Huts, Zip Line, ..

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Human Space Flight Centre Inaugurated

The Human Space Flight Centre (HSFC) which would be the core of ISRO’s future manned missions was inaugurated at the ISRO headquarters in Bengaluru. The Human Space Flight Centre will implement the first development flight of Gaganyaan with the support ..

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Lithium-ion cell technology Transfer by ISRO

ISRO has selected 10 companies for the Lithium-ion cell technology Transfer after the examination of Request for Qualification which contained a brief description of the qualification aspects, technology transfer process, timelines and other relevant details. Firms Selected for Technology Transfer ..

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