Union Budget 2020-21 News:TheGeneral Budget 2020-21 has been presented by the Union Finance Minister in the Lok Sabha. Facts: About Budget: The word Budget has not been used in the Constitution of India.Rather Article 112 of the Constitution of India mentions the term “Annual Financial statement”. The budget is a statement of the estimated receipts… Continue reading 9 PM Current Affairs Brief – February 2nd, 2020
Author: ForumIAS
Union Budget 2020-21
News:The General Budget 2020-21 has been presented by the Union Finance Minister in the Lok Sabha. Facts: About Budget: The word Budget has not been used in the Constitution of India.Rather Article 112 of the Constitution of India mentions the term “Annual Financial statement”. The budget is a statement of the estimated receipts and expenditure… Continue reading Union Budget 2020-21
Budget 2020:Macro-economic Framework Statement (MFS) 2020-21
News:In Budget 2020-21,Government of India has presented the Macro-economic Framework Statement(MFS) 2020-21. Facts: Key Highlights of the statement: The Macroeconomic Framework Statement(MFS) 2020-21 describes the return path of fiscal consolidation without compromising the needs of investment out of public funds. Fiscal Deficit:The government’s fiscal deficit for 2019-20 will be 3.8% of the gross domestic product(GDP)… Continue reading Budget 2020:Macro-economic Framework Statement (MFS) 2020-21
National Technical Textiles Mission Proposed in Union Budget
News:Union Minister for Finance & Corporate Affairs has announced a proposal to set up a National Technical Textiles Mission. Facts: About National Technical Textiles Mission: The National Technical Textiles Mission will be implemented for a period of four-years from 2020-21 to 2023-24 at an estimated outlay of ₹1,480 crore. About Technical Textiles: Technical textiles are… Continue reading National Technical Textiles Mission Proposed in Union Budget
Budget 2020:Deposit Insurance cover raised to ₹5 lakh
News:The Finance minister has announced in the Budget that the Deposit insurance cover for bank deposits has been raised to Rs 5 lakh from Rs 1 lakh. Facts: About Deposit Insurance: Deposit insurance is providing insurance protection of Rs 1 lakh to the depositor’s money by receiving a premium. The government has set up Deposit… Continue reading Budget 2020:Deposit Insurance cover raised to ₹5 lakh
Budget 2020: Govt unveils 16-point action plan to revive agricultural sector
News:Union Finance minister has proposed 16 action points focusing on doubling Farmers income, Horticulture sector, Food storage, Animal Husbandry and Blue economy. Facts: About 16 point Action Plan:The key highlight of the 16-point action plan includes: Help 20 lakh farmers setup standalone solar pumps under PM-KUSUM scheme. Artificial insemination to be increased to 70% from… Continue reading Budget 2020: Govt unveils 16-point action plan to revive agricultural sector
Union Budget 2020:Education and Skill Development
News:The Budget 2020 was presented at the Parliament under three themes. One of the themes is Aspirational India.The Education and Skills is a subtheme under Aspirational India. Facts: Key takeaways in the Education Sector and Skill Development: Under Study in India Programme,IND-SAT exam will be conducted in African and Asian countries for foreign candidates who… Continue reading Union Budget 2020:Education and Skill Development
Brexit:UK leaves the European Union
News:Britain has officially left the European Union(EU) and has become the first country to leave the 28-member bloc. Facts: UK-EU Brexit withdrawal agreement: As part of the withdrawal agreement,there will be a transition period until December 31st,2020. The transitional period is designed to make the separation process smoother and will be used by UK and… Continue reading Brexit:UK leaves the European Union
[Answers] Mains Marathon I Daily Answer Writing I 3rd February 2020
1. Despite several measures to reduce vulnerability of climate-induced disasters, the farm sector and farmers continue to suffer losses. Discuss various reasons for this and suggest some measures. Answer 2. Economic survey 2019, pitch for wealth creation as a means of prosperity and welfare for all. Critically comment. Answer 3. Brexit provides an opportunity for… Continue reading [Answers] Mains Marathon I Daily Answer Writing I 3rd February 2020
9 PM Current Affairs Brief – February 1st, 2020
Economic Survey 2019-20: What it says on stubble burning News: Economic Survey 2019-20 has said that the number of stubble-burning incidents (61,332) in 2019 were the least in four years. However, the survey highlights agricultural residue burning as a “major concern”. Facts: Stubble Burning: It is the practice of intentionally setting fire to residues which… Continue reading 9 PM Current Affairs Brief – February 1st, 2020
