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

Technology Platform called CHAMPIONS launched by PM Modi

On June 1, 2020, the Prime Minister Narendra Modi launched technology platform called CHAMPIONS. CHAMPIONS Stand for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. Highlights The portal aims to make smaller units big ..

Month: Current Affairs - June, 2020

Pradhan Mantri Ujjawala Yojana: 6.8 crore free Cylinders distributed

On May 21, 2020, the Government of India announced that around 6.8 crore free cylinders have been distributed under Prdhan Mantri Ujjawala Yojana. Highlights Under the scheme, free LPG cylinders are being provided by the Ministry of Petroleum and Natural ..

Month: Current Affairs - May, 2020

E-Conclave for Defence MSMEs held

On May 21, 2020, the Union Defence Minister Rajnath Singh chaired the E-Conclave of Defence MSME (Micro Small and Medium Enterprises). Highlights The E-conclave was organized by CII (Confederation of Indian Industry), SIDM (Society of Indian Defence Manufacturers) and Department ..

Month: Current Affairs - May, 2020

26 Defence Items approved by Defence Ministry to boost Make in India

On May 20, 2020, the Ministry of Defence approved procurement of 26 defence items to boost “Make in India” initiative. This was done through the amendment of Public Procurement Order 2017. Highlights The Ministry of Defence has so far notified ..

Month: Current Affairs - May, 2020

Cabinet meets to approve several initiatives under Atma Nirbhar Bharat Abhiyan

On May 20, 2020, the union cabinet approved several initiatives under Atma Nirbhar Bharat Abhiyan that was launched by PM Modi recently. Highlights The Union Cabinet has approved allocation of food grains, adoption of auction methodology for coal, issuance of ..

Month: Current Affairs - May, 2020

Defence Testing Infrastructure Scheme approved

On May 15, 2020, Defence Testing Infrastructure Scheme was approved by the Defence Minister Raj Nath Singh. The scheme is to be implemented at an estimated amount of Rs 400 crores. Highlights The Defence Research Development Organization and the 41 ..

Month: Current Affairs - May, 2020

Group of Ministers submitted draft proposal on Employment and Skill Development

The Group of Ministers Committee formed under the leadership of Social Justice and Empowerment Minister recently submitted its draft proposals on employment and skill development. Proposals made The following proposals were made by the draft The draft has proposed “The ..

Month: Current Affairs - May, 2020