CMs’ panel mulls move to tie State farm reforms to funds

The Central government had set up a high powered committee of seven chief ministers led by Maharashtra’s CM as its convenor.The panel has discussed various measures to transform Indian agriculture and raise farmers’ income. The panel has said since agriculture is a State subject,all the States must be brought on board for time-bound reforms in… Continue reading CMs’ panel mulls move to tie State farm reforms to funds

Upliftment of Women of Backward Communities

Minister of State for Social Justice and Empowerment has informed the Parliament about the women specific schemes under National Backward Classes Finance and Development Corporation(NBCFDC), The minister informed that NBCFDC runs two women specific schemes for women whose annual family income is less than Rs.3 lakh per annum. The schemes are Mahila Samridhi Yojana which… Continue reading Upliftment of Women of Backward Communities

India draws new ‘red lines’ for talks on Afghan peace process

India has shared a table with the Taliban for the first time in November, 2018.India has now spelt out its three new red lines on the peace and reconciliation process in Afghanistan. The first is that all initiatives and processes must include all sections of the Afghan society including the legitimately elected government.This is important… Continue reading India draws new ‘red lines’ for talks on Afghan peace process

Transmission sector needs ₹5 lakh crore investment for future needs

Confederation of Indian Industry(CII) has said that India’s vision of a 5 trillion-dollar economy will require an estimated investment of Rs 5 lakh crore in the transmission sector over the next few years. CII said that India will be consuming 1.8 trillion units by 2025 as India’s growth trajectory accelerates and this requires large investments… Continue reading Transmission sector needs ₹5 lakh crore investment for future needs

Ethanol biorefinery to come up in Vidarbha

Bharat Petroleum Corporation Limited(BPCL) will set up Maharashtra’s first ever ethanol biorefinery in Vidarbha’s Bhandara district.The plant will manufacture ethanol from rice straw.  The Government of India is encouraging production of Second Generation(2G) Ethanol from agricultural residues to provide additional sources of  remuneration to farmers. The Bio-Refineries will also contribute to a cleaner environment due… Continue reading Ethanol biorefinery to come up in Vidarbha

G7 urges strict Libra regime, eyes minimum tax

G7 Countries has said that digital currencies such as Facebook Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world’s financial system. Recently,Facebook had decided to launch a cryptocurrency called Libra.The currency is designed not to be a speculative asset like Bitcoin but a form… Continue reading G7 urges strict Libra regime, eyes minimum tax

SEBI opposes Centre’s proposal to transfer surplus money to CFI

Securities and Exchange Board of India(SEBI) has written to the government seeking a review of the Budget proposal that mandates transferring 75% of the market regulator’s surplus funds to the central government SEBI said that the proposal would result in compromising its autonomy and its ability to function effectively towards the progress and development of… Continue reading SEBI opposes Centre’s proposal to transfer surplus money to CFI

WHO declares ebola outbreak in Congo a global health emergency

The World Health Organization(WHO) has declared the Ebola crisis in the Democratic Republic of Congo a public health emergency of international concern. Public health emergency is defined as an extraordinary event that is determined to constitute a public health risk to other States through the international spread of disease and it requires a coordinated international… Continue reading WHO declares ebola outbreak in Congo a global health emergency

Pradhan Mantri Urja Ganga Project

Union Minister of Petroleum & Natural Gas has informed the Rajya Sabha that Government has taken various policy initiatives to increase the domestic production of crude oil and natural gas. Pradhan Mantri Urja Ganga project aims to provide piped cooking gas to residents of Varanasi and later to millions of people in states like Bihar,… Continue reading Pradhan Mantri Urja Ganga Project

Cabinet nod to 2,880MW hydel project in Dibang

Union Cabinet has approved the Dibang Multipurpose Project (MPP) in Arunachal Pradesh. Dibang Multipurpose Project is envisaged as a storage-based hydro-electric project with flood moderation as the key objective. The construction of project shall prevent the sizeable downstream area from floods. This is the largest ever hydro-electric projects to be constructed in India. The dam… Continue reading Cabinet nod to 2,880MW hydel project in Dibang

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