OECD estimate growth cut of India to 9.9%

Organisation for Economic Co-operation and Development (OECD) has cut India’s growth projection to 9.9 % for Financial Year 2022. In March, it estimated growth to 12.6%. Rate was cut witnessing covid cases lockdowns which have threatened to stall nascent economic ..

Month: Current Affairs - June, 2021

India to start tests on mixed vaccines

According to Dr N K Arora, chairman of Covid-19 working group under National Technical Advisory Group on Immunization (NTAGI), India may soon start testing feasibility of mixing two different doses of Covid vaccines to check whether it helps in boosting ..

Month: Current Affairs - June, 2021

Aspergillosis Fungal Infection

Amid the country’s battle against covid-19 pandemic and increasing cases of mucormycosis, Doctors in Ghaziabad, Mumbai and Gujarat have reported cases of new disease called ‘aspergillosis’. What is Aspergillosis? Aspergillosis is a fungal infection, fungal growth or allergic reaction caused ..

Month: Current Affairs - May, 2021

Emergency Credit Line Guarantee Scheme (ECLGS) 4.0

Government has increased the scope of Emergency Credit Line Guarantee Scheme (ECLGS) for three more months overviewing the disruptions caused by second wave of COVID 19 pandemic. Extension will help businesses across several sectors of economy. About ECLGS 4.0 100% ..

Month: Current Affairs - May, 2021

Public Sector Banks announce new loans

Public sector banks (PSBs) have announced support measures and launch of new loan products to mitigate economic impact of Covid-19 pandemic. What are those announcements? PSBs would provide unsecured loans of up to 5 lakh rupees to individuals. Loan can ..

Month: Current Affairs - May, 2021

Government to discontinue Central Allocation of Remdesivir

According to Minister of State for Chemicals and Fertilizers, Shri Mansukh Mandaviya, government has decided to discontinue Central Allocation of Remdesivir to States and directed National Pharmaceuticals Pricing Agency to monitor availability of Remdesivir in India. Highlights Minister highlights, production ..

Month: Current Affairs - May, 2021

India- US discuss Vaccine Partnership

External Affairs Minister, S Jaishankar and US Secretary of State Antony Blinken held a meeting in Washington on May 28, 2021. Highlights Both of them held a productive discussion on various aspects of bilateral cooperation and regional & global issues. ..

Month: Current Affairs - May, 2021

India supports calls on probe into Covid Origin

India extends its support to renewed global calls for comprehensive investigation into origins of Covid-19 by World Health Organisation. Background India extended support after US President asked US intelligence agencies to find how coronavirus emerged in China. Demands were raised ..

Month: Current Affairs - May, 2021

Govt to support Public Sector Companies for Vaccine Production

Union Government has decided to support some public sector companies with grants under the Mission COVID Suraksha to boost covid-19 vaccine production. Key Points Among the companies, one is Hyderabad based Indian Immunological limited (IIL), a facility under PSU named ..

Month: Current Affairs - May, 2021

‘Dharavi Model’ of COVID-19 Management

Dharavi is a slum in Mumbai that reported some 99 COVID-19 cases every day in April 2021. But, in last some days, number of cases is declining gradually. According to officials, ‘Dharavi model’ of COVID-19 management and vaccination drive have helped in containing second ..

Month: Current Affairs - May, 2021