New Income Tax Bill

The New Income Tax Bill has been approved by the Union Cabinet led by Prime Minister Narendra Modi. This bill is set to replace the Income Tax Act of 1961. Its introduction is expected during the upcoming Budget session in ..

Month: Current Affairs - February, 2025

Category: Economy & Banking Current Affairs

Grameen Credit Score Scheme

The Grameen Credit Score Scheme was announced by Finance Minister Nirmala Sitharaman in the 2025 budget. This initiative aims to enhance financial inclusion for Self Help Groups (SHGs) and rural women entrepreneurs in India. It represents shift in assessing the ..

Month: Current Affairs - February, 2025

Category: Government Schemes Current Affairs

Swavalambini Women Entrepreneurship Programme

The Swavalambini Women Entrepreneurship Programme was launched in 2025 to promote women entrepreneurship in Northeast India. The initiative was inaugurated in nine colleges and universities, marking step towards nurturing women-led enterprises. Programme Overview Swavalambini is designed to encourage an entrepreneurial ..

Month: Current Affairs - February, 2025

Category: Government Schemes Current Affairs

Restructuring Skill India Programme

The Government of India has restructured its skilling initiatives under the Skill India Programme. This move combines three key schemes to enhance vocational training across the country. The initiative aims to provide quality education and skill development to both urban ..

Month: Current Affairs - February, 2025

Category: Government Schemes Current Affairs

Daily Current Affairs Quiz: February 8, 2025

1. Which ministry has launched a campaign titled “Shatavari –For Better Health”? [A] Ministry of Women and Child Development[B] Ministry of AYUSH[C] Ministry of Health[D] Ministry of Home Affairs Show Answer Correct Answer: B [Ministry of AYUSH] Notes:The Ministry of ..

New Mechanism for Corporate Insolvency Resolution Process

The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new framework aimed at enhancing the efficiency of the Corporate Insolvency Resolution Process (CIRP). This initiative addresses the challenges faced by interconnected corporate entities undergoing insolvency. The discussion paper ..

Month: Current Affairs - February, 2025

Category: Legal & Constitution Current Affairs

Indian Army Enhances Firepower with New Contracts

The Indian Ministry of Defence (MoD) recently signed contracts worth Rs 10,147 crore to boost the firepower of the Indian Army. These agreements involve the procurement of advanced munitions for the indigenously developed PINAKA Multiple Launch Rocket System (MLRS). The ..

Month: Current Affairs - February, 2025

Category: Defence Current Affairs

Nitrogen Dioxide Pollution Impact on Crop Yield

Nitrogen dioxide (NO2) is air pollutant. It primarily arises from the combustion of fossil fuels such as coal, oil, and natural gas. Road traffic is the main contributor to outdoor NO2 levels. This pollutant poses serious health risks and has ..

Month: Current Affairs - February, 2025

Category: Environment Current Affairs