Exports rise 2.44%; trade deficit narrows

According to data released by the Ministry of Commerce,India’s trade deficit has reduced by $9.6 billion in February,2019.The country’s exports grew by 2.44% while imports declined by 5.4%. The exports grew because of higher shipments in sectors such as pharmaceuticals,engineering and electronics.On the other hand,decline in imports was mainly due to reduction in inward shipments… Continue reading Exports rise 2.44%; trade deficit narrows

Govt. defends electoral bonds scheme in SC

A petition has been filed in the Supreme Court asking for it to strike down the Electoral Bond Scheme 2018 and amendments in the Finance Act, 2017.The act says that political parties are not required to maintain any record of the names and addresses of donors of these bonds. Government has defended the electoral bonds… Continue reading Govt. defends electoral bonds scheme in SC

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – March 15, 2019

Archives Q.1) Recently announced  ‘Pradhan Mantri Shram-Yogi Maandhan’ scheme in the Union budget would provide the much needed support to unorganised sector workers. Critically examine. Answer: Pradhan Mantri Shram-Yogi Maandhan is a pension scheme for workers in the unorganised sector. Provisions: Under the scheme, an assured monthly pension of Rs. 3000 rupees per month will… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – March 15, 2019

Must Read News Articles – March 16th, 2019

Archives GS-2 SC issues notice to EC on plea to verify at least 50% VVPATs The Supreme Court on Friday directed the Election Commission to respond to a petition filed by 21 Opposition parties demanding the random verification of at least 50% electronic voting machines (EVMs) using Voter Verified Paper Audit Trail (VVPAT) in every… Continue reading Must Read News Articles – March 16th, 2019

Indirect tax collection may fall short, says Garg

The Central government has said that it may fall short of the Goods and Services tax(GST) target this financial year.However,government is confident of reaching its direct tax collection target for the current financial year. The government had targeted GST collections at Rs 1.3 lakh crore and direct tax collections at Rs 12 lakh crore for… Continue reading Indirect tax collection may fall short, says Garg

Mallikarjun Kharge refuses to attend Lokpal meet

Senior Congress leader Mallikarjun Kharge has refused to attend the meeting of the Lokpal selection committee as a special invitee.He said that this category does not grant him any rights of participation in the selection process and there is no provision for a special invitee in the lokpal act. He also said that the government… Continue reading Mallikarjun Kharge refuses to attend Lokpal meet

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