MOSPI constitutes committee on economic statistics

News:The Ministry of Statistics and Programme Implementation(MOSPI) has constituted a Standing Committee on Statistics(SCES). Facts: Background: The committee has been constituted after several economists had expressed concern over political interference in influencing statistical data in India. They had called for restoration of institutional independence and integrity to the statistical organisations.  About the committee: The committee… Continue reading MOSPI constitutes committee on economic statistics

Indian Army rescues 1,500 tourists stranded in Nathu La in Sikkim

News:Recently,the Indian Army has rescued about 1,500 tourists who were stranded in Nathu La in eastern part of Sikkim. Facts: About NathuLa Pass: Nathu La is a mountain pass in the Himalayas in East Sikkim district.It connects the Indian state of Sikkim with China’s Tibet Autonomous Region. The pass is also one of the three… Continue reading Indian Army rescues 1,500 tourists stranded in Nathu La in Sikkim

MyGov reaches 1 crore registered users

News:The Central government’s citizen engagement platform – MyGov has reached one crore registered users. Facts: About MyGov: MyGov is a citizen engagement platform founded by the Government of India in 2014. The platform is aimed at creating a common platform for Indian citizens to crowdsource governance ideas from citizens.Its users discuss and contribute to various… Continue reading MyGov reaches 1 crore registered users

Explained:How Andhra’s concept of three capitals is inspired by South Africa

News:The Andhra Pradesh cabinet has deferred taking a decision on relocating the state capital to three separate locations. Facts: About the decision on state capital: The Andhra Pradesh Chief Minister had announced that Andhra Pradesh could have three decentralised capitals on the lines of South Africa. The new capital being developed at Amaravati could become… Continue reading Explained:How Andhra’s concept of three capitals is inspired by South Africa

RBI directs large co-op banks to report all exposures above Rs.5 crore

News:The Reserve Bank of India(RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits(CRILC). Facts: About CRILC: The Reserve Bank of India has created a CRILC of commercial banks, certain Non-Banking Financial Companies (NBFCs) and All India Financial Institutions(AIFIs). CRILC collects,… Continue reading RBI directs large co-op banks to report all exposures above Rs.5 crore

India may surpass Germany to become the fourth-largest economy in 2026:Report

News:The UK-based Centre for Economics and Business Research (CEBR) has released a report titled ‘World Economic League Table 2020’. Facts: About the report: The World Economic League Table is an annual calculation by Centre for Economics and Business Research (CEBR) jointly published by CEBR and Global Construction Perspectives.  The base data for 2019 is taken… Continue reading India may surpass Germany to become the fourth-largest economy in 2026:Report

7 PM | Why this winter is extra cold| 28th December 2019

Context: Cold wave in Northern India. More in news: India Meteorological Department (IMD) issued warning of cold day to severe cold day conditions in many pockets are very likely over Punjab, Haryana, Chandigarh, Delhi and Uttar Pradesh. Dense fog is very likely to engulf Uttar Pradesh, some pockets over Punjab and Haryana, Chandigarh, Delhi and also… Continue reading 7 PM | Why this winter is extra cold| 28th December 2019

UGC issues norms for ethics in higher education

News:Recently,Union Minister of Human Resource Development(MHRD) has adopted the Quality Improvement Programme Mandate developed by UGC to improve the quality in higher educational institutions Facts: About the Quality Improvement Programme Mandate: The quality mandate aims at evolving higher education system to equip the country’s next generation with vital skills, knowledge and ethics for leading a… Continue reading UGC issues norms for ethics in higher education

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