Author: ForumIAS

Thaawarchand Gehlot leaves for Buenos Aires to participate in 2nd Global Disability Summit

Union Social Justice and Empowerment minister has left for Buenos Aires to participate in the 2nd Global Disability Summit to be held during 6-8 June,2019. The summit is hosted by the Government of Argentina Republic,the International Alliance Disability(IDA) and the Latin American Network of Non-Governmental Organizations of Persons with Disabilities and their Families(RIADIS). The objective… Continue reading Thaawarchand Gehlot leaves for Buenos Aires to participate in 2nd Global Disability Summit

Sunder Pichai, Nasdaq’s Friedman to receive 2019 Global Leadership Award

Google’s India-born CEO Sundar Pichai and Nasdaq president Adena Friedman have been chosen for the prestigious Global Leadership Awards 2019. The award is given annually since 2007 by the Washington-based US-India Business Council (USIBC). The award recognises top corporate executives from the United States and India whose companies has played a major role in catalysing… Continue reading Sunder Pichai, Nasdaq’s Friedman to receive 2019 Global Leadership Award

CII launches new Index to measure fiscal performance

Confederation of Indian Industry(CII) has launched a Fiscal Performance Index(FPI).The index is an innovative tool using multiple indicators to study the quality of Budgets at the Central and State levels. The index has been constructed using UNDP’s Human Development Index methodology. The Index incorporates qualitative assessments of (a)revenue expenditure (b)capital expenditure (c)revenues (d)fiscal prudence and… Continue reading CII launches new Index to measure fiscal performance

Why Cabinet Committees are formed, what are the functions of each

The Government of India has reconstituted eight key cabinet committees under the Transaction of Business Rules. The Cabinet Committee are organizations which are instrumental in reducing the workload of the Cabinet.The Cabinet Committees are extra-constitutional in emergence. In other words,they are not mentioned in the Constitution.However, the Rules of Business provide for their establishment. These… Continue reading Why Cabinet Committees are formed, what are the functions of each

RBI cuts interest rate by 25 bps

The Reserve Bank of India(RBI) Monetary Policy Committee has unanimously cut the repo rate by 25 basis points from 6% to 5.75%. Repo stands for ‘Repurchasing Option’. Repo rate refers to the rate at which commercial banks borrow money from the RBI. The reverse repo rate was also lowered to 5.50% from 5.75%.The reverse repo… Continue reading RBI cuts interest rate by 25 bps

Russia willing to drop New START pact: Putin

Russian President has said that Russia is prepared to suspend the NEW START treaty with the U.S.He said that the US has showed no interest in conducting talks on extending the New START treaty. The New START (Strategic Arms Reduction Treaty) is a nuclear arms reduction treaty between the United States and the Russian Federation.It… Continue reading Russia willing to drop New START pact: Putin

Commerce Minister addresses meeting of Board of Trade & Council for Trade Development and Promotion

Commerce minister has addressed a joint meeting of the Board of Trade and the Council of Trade Development and Promotion.The meeting was organised by the Ministry of Commerce and Industry and the Directorate General of Foreign Trade(DGFT). The minister has urged the representatives of industry,trade and exports bodies to reduce dependency on subsidies and grants… Continue reading Commerce Minister addresses meeting of Board of Trade & Council for Trade Development and Promotion

PM Modi’s first bilateral visit to Maldives begins tomorrow

Prime Minister will be visiting the Maldives and Sri Lanka from June 8 ,2019.This will be his first overseas visit in the second term. This will be PM first visit to Maldives since 2011.The prime minister visited the island nation in November to attend Maldives President swearing-in ceremony.However,it was not a full-fledged bilateral visit. India-Maldives… Continue reading PM Modi’s first bilateral visit to Maldives begins tomorrow

NITI Aayog reconstituted

Prime Minister has approved the reconstitution of National Institution for Transforming India(NITI Aayog). The Prime Minister will serve as the Chairman of Niti Aayog.Vice chairman Rajiv Kumar continues in his post along with Permanent members VK Saraswat, Ramesh Chand and VK Paul. The ex-officio members now include Defence Minister, the Home Minister, the Finance Minister… Continue reading NITI Aayog reconstituted

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