Author: ForumIAS

Gadkari meets top banks to seek credit for projects News: The Road Transport and Highways Minister Nitin Gadkari recently met representatives from financial institutions asking them to extend credit for road development projects. Important facts: 2. The meeting was an attempt to reach out to country’s banks and insurance companies for extending credits for developmental… Continue reading Gadkari meets top banks to seek credit for projects

We want best healthcare at the lowest cost: Modi News: The foundational stone for the National centre for Ageing was laid down by PM Modi at AIIMS. Important facts: 2.PM inaugurated a 1 km motorable tunnel connecting the AIIMS main building to its trauma facility to transfer patients. 3.The construction of the tunnel started in… Continue reading We want best healthcare at the lowest cost: Modi

Iran not just an energy supplier: Ansari News: Former Vice-President Hamid Ansari highlighted the importance of India- Iran relations. Important facts: 2.While highlighting the importance of relation between the two nations, he stress on following pointers: Iran ensures overland connectivity between Eurasia and India and it is not just an energy supplier. The government should take… Continue reading Iran not just an energy supplier: Ansari

‘Grey-listing’ nothing new: Pak. News: The global financial watchdog Financial Action Task Force( FATF) has placed Pakistan on the “grey list” for failing to curb terror financing. Important facts: 2. The announcement comes a day after Pakistan submitted a Comprehensive 26 Action Plan to the FATF to chock funding of military groups. 3. The decision… Continue reading ‘Grey-listing’ nothing new: Pak.

Reform 101 News: The new Higher Education Commission of India (HECI) Bill drafted by the Centre. Important facts: 2.The proposed HECI is the successor to the University Grant Commission (UGC). 3.There are 864 recognised universities and 40,026 colleges in India during 2016-17. 4.However, Gross Enrolment Ratio was only about 26%. 5.At the time of independence,… Continue reading Reform 101

FDI growth hits 5-year low News: FDI growth hits 5 year low in India Important facts: 2. According to the latest data of the Department of Industrial Policy and Promotion(DIPP), FDI in 2017-18 grow by only 3% to $ 44.8 billion. 3. Foreign inflows in the country grew by 8.67% in 2016-17, 29% in 2015-16,… Continue reading FDI growth hits 5-year low

Agni-V to be part of nuclear arsenal soon News: Agni V will be inducted into the nuclear arsenal very soon. Important facts: 2. The missile features the latest technologies for navigation and improved accuracy. 3. The intermediate range ballistic missile (IRBM) with range over 5000 km can reach most parts of China. 4. Recently, the… Continue reading Agni-V to be part of nuclear arsenal soon

Tax department launches ‘instant’ PAN card service News: Income Tax Department has launched an ‘instant’ Aadhaar based PAN card services. Important facts: 2. The facility is provided free of cost. 3. Available only for Aadhaar Card holders. 4. The service will be available for individual seeking the unique identity for the first time. 5. The… Continue reading Tax department launches ‘instant’ PAN card service

GST monthly revenue will exceed Rs. 1.1 lakh cr: Goyal News: According to the finance minister Piyush Goyal, revenue from GST will exceed Rs 1.1. lakh crore. Important facts: 2. He expects about 13 lakh crore of revenue this fiscal. 3. There was scope for further rationalization of the tax rates if tax compliance improved… Continue reading GST monthly revenue will exceed Rs. 1.1 lakh cr: Goyal

Govt. banks must boost monitoring, training systems’ News: Reserve Bank of India issues regulatory instructions to banks on various matters, including customer service. Important facts: 2.Banking codes and standard board of India (BCSBI) was set up in 2006. 3.Accordingly, BCSBI had evolved two codes: The Code of Bank’s commitment to customers The Code of banks… Continue reading Govt. banks must boost monitoring, training systems’