Finance minister releases fifth tranche of economic package

News: Union finance minister has unveiled the fifth and last tranche as part of the Atmanirbhar Bharat Abhiyan(Self-reliant India campaign). Facts: Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA):  Government to allocate an additional Rs 40,000 crore for MNREGA.This will help generate nearly 300 crore person days in total and will also help provide more… Continue reading Finance minister releases fifth tranche of economic package

Centre raises borrowing limit of states from 3 pc of GSDP to 5 pc in FY21

News: The Central Government has increased the borrowing limit of states from 3% of gross state domestic product (GSDP) to 5%. Facts: Key Facts: States have so far borrowed only 14% of the 3% of GSDP limit which is authorised to them while 86% of the limit remains unutilized.However,the limit of states has now been… Continue reading Centre raises borrowing limit of states from 3 pc of GSDP to 5 pc in FY21

India welcomes Afghan power-sharing deal

News: India has welcomed the power-sharing deal announced by Afghanistan between President Ashraf Ghani and his rival Abdullah Abdullah which ended political discord caused by last year’s disputed presidential election. Facts: Key Provisions of the Deal: Ashraf Ghani will stay as the president of Afghanistan while Abdullah will appoint half of the cabinet and will… Continue reading India welcomes Afghan power-sharing deal

Explained: When does a disease become endemic?

News: The World Health Organisation(WHO) has said that novel coronavirus could become endemic to the world. Facts: Endemic: It refers to the constant presence and/or usual prevalence of a disease or infectious agent in a population within a geographic area. Example:Malaria and Chickenpox are endemic diseases where there are a predictable number of cases every… Continue reading Explained: When does a disease become endemic?

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