Union Cabinet approves change of definition of MSMEs

On June 1, 2020, the Union Cabinet approved the changes made to the definition of MSMEs. The Finance Minister Nirmala Sitaraman had announced about the changes being made to MSMEs while she announced the economic package allocated to Atma Nirbhar ..

Month: Current Affairs - June, 2020

What is “George Floyd” protest in news currently?

The United States is facing nation wide protests over the death of an African American George Floyd. Highlights George Floyd, an African American man of age 46 died after the police arrested him near a shop in Minneapolis, Minnesota. This ..

Month: Current Affairs - June, 2020

GoI discontinues 7.75% savings bonds

The Reserve Bank of India recently announced that the Government of India has discontinued 7.75% savings bonds. Highlights The 7.75% savings bonds that are also called government bonds or RBI bons were issued in 2018. They were available for the ..

Month: Current Affairs - June, 2020

Unlock 1.0; Lock Down 5.0 begins in India

India is now seventh worst hit country in the world with more than 1,82,143 cases of COVID-19. In the battle against the virus, India enters into fifth lock down or first unlock on June 1, 2020. This is to remain ..

Month: Current Affairs - June, 2020

“Indian National Super Model” launched by DST

On May 31, 2020, the Department of Science and Technology operating under Ministry of Science and Technology launched the Indian National Super Model. The Model was launched to help monitor transmission of COVID-19 infection. Highlights The Jawaharlal Nehru Centre for ..

Month: Current Affairs - May, 2020

COVID-19 culture for vaccine development and drug testing

The Centre for Cellular and Molecular Biology cultured COVID-19 from the patients infected with the virus. Highlights The virologists at CCMB will isolate infectious virus from the patients. The isolated virus will be used for vaccine development and drug testing. ..

Month: Current Affairs - May, 2020

UP Government implements Herbal Roads Project

The Uttar Pradesh Government is to implement Herbal Roads Project in a stretch of 800 km in the state. Highlights Under the project, the state government is to plant trees that have medicinal values on either sides of the roads. ..

Month: Current Affairs - May, 2020

22nd Financial Stability and Development Council meeting chaired by Finance Minister

On May 28, 2020, the Union Finance Minister Nirmala Sitaraman chaired Financial Stability and Development Council meet. Highlights The meeting reviewed current domestic and global economic situation, financial vulnerabilities issues, liquidity of Micro financial institutions, Non-Banking Financial corporations, regulatory responses, ..

Month: Current Affairs - May, 2020

May 29: International Day of UN Peacekeepers

Every year, the United Nations celebrates International Day of UN Peacekeepers on May 29. This year the day is being celebrated under the theme Theme: Women in Peacekeeping: A key to Peace Highlights The International Day of UN Peacekeepers is ..

Month: Current Affairs - May, 2020

European Union: 750 billion Euros announced as COVID-19 Recovery Fund

On May 27, 2020 the European Union proposed 750 billion Euros as COVID-19 recovery fund. The fund is to be used by the countries to recover from deep recession caused by the COVID-19. Highlights The European Union has broken the ..

Month: Current Affairs - May, 2020