Page-19 of Current Affairs - March, 2019

Income tax exemption limit on gratuity doubled to Rs 20 lakh

The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. What is Gratuity? Gratuity is the monetary benefit provided by the employer to his/her employee ..

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Cabinet Clears Ordinance on Reservation Roster for University Teachers

The Union Cabinet headed by Prime Minister Narendra Modi has cleared the ordinance for the Reservation Roster for University Teachers. What was the issue? Following an order by the Allahabad high court in April 2017, the University Grants Commission had ..

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RBI Notifies Norms for 2% Interest Subsidy Scheme for Short-term Crop Loans

The Reserve Bank of India (RBI) has notified the norms for banks with regards to two per cent interest subvention or subsidy for short-term crop loans during 2018-19 and 2019-20 under the interest subvention scheme approved by the central government. ..

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Madhya Pradesh to increase the OBC quota and implement EWS

The government of Madhya Pradesh has announced the increase of the reservation quotas for the OBCs and has stated that it would also implement 10 per cent quota for the Economically Weaker Sections (EWS) under the general category. The government ..

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Mukhyamantri Anchal Amrit Yojana

The government of Uttarakhand has launched the Mukhyamantri Anchal Amrit Yojana to provide milk at the Anganwadi Centres. About the Scheme Under the Mukhyamantri Anchal Amrit Yojana, the government would provide 100 ml milk twice a week for 2.5 lakh children ..

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PM inaugurates Nagpur Metro

With the inauguration of Nagpur Metro, Nagpur has become the second city of the state of Maharashtra after Mumbai to get a Metro Rail. Nagpur Metro PM inaugurated a 13.5-kilometre stretch comprising five stations from Khapri to Sitabuldi. The Nagpur Metro ..

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India Signs Agreement with Russia for on Chakra III Attack Submarine

India and Russia have signed an agreement for the leasing of a nuclear-powered attack submarine for the Indian Navy for a period of 10 years. About the Agreement Russia will be delivering the Akula class submarine, to be known as ..

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New Visually Impaired Friendly Coin Series

Prime Minister Narendra Modi has unveiled the new series of visually impaired friendly coins of various denominations. About the Coins The coins are of denomination Rs. 1, Rs. 2, Rs. 5, Rs. 10 and Rs.20. Rs 20 coin, the first-ever coin offering in Rs 20 denomination, has been ..

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PM inaugurates IOC's Ennore LNG Import Terminal

Prime Minister Narendra Modi inaugurated the Indian Oil Corporation’s (IOCs) LNG terminal at Ennore. LNG Terminal Ennore terminal is ambitious terminal for storage and re-gasification of imported LNG, built by the nation’s largest fuel retailer Indian Oil Corporation Limited (IOCL), ..

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Study on India’s Measles Campaign

The findings of the study published in the journal eLife suggest that mass measles vaccination campaign of India helped save the lives of tens of thousands of children between 2010 and 2013. Measles Measles is a highly contagious viral disease. ..

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