Page-33 of Current Affairs - February, 2019

The Future of Rail Report: Key Facts

The Future of the Rail Report was prepared by the International Energy Agency (IEA) in association with the International Union of Railways (UIC). Findings of the Report The report provides a specific focus on India, The important findings of the Future ..

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Aero India 2019

The 12th edition of Aero India, Aero India 2019, will be held at Air Force Station at Yelahanka in Bengaluru from February 20 to 24. Aero India 2019 aims to provide a significant platform in bolstering business opportunities in the ..

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Startup India-WhatsApp Grand Challenge

The Facebook-owned messaging app WhatsApp has announced Startup India-WhatsApp Grand Challenge to encourage entrepreneurs and small businesses in India. About the challenge The challenge is being hosted in association with Invest India. The top 5 winners would receive a cash prize ..

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Defence Ministry approves acquisition of Milan-2T Anti-Tank Missiles

The Defence Acquisition Council headed by Defence Minister Nirmala Sitharaman has approved the acquisition of the Rs 1,200 crore Milan-2T anti-tank missiles. While the requirement was of 70,000 different types of anti-tank guided missiles (ATGM) and 850 different launchers, the ..

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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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