Reserve Bank will transfer an interim dividend of Rs 28,000 crore to the government, a move that will help the Centre keep fiscal deficit in check.RBI has already transferred Rs 40,000 crore in current year (2018-19). Interim dividend is a payment made during the course of a financial year.RBI is a “full service” central bank… Continue reading RBI to transfer Rs 28,000 crore interim surplus to government
Category: Daily Factly articles
EXPLAINED: WHAT IS IUCN
Established in 1948 Headquarter — Gland, Switzerland FORMER NAME:International Union for the Protection of Nature(1948–1956) and World Conservation Union(1990–2008) The International Union for Conservation of Nature (IUCN) is an international organization working in the field of nature conservation and sustainable use of natural resources. IUCN has observer and consultative status at the United Nations It is best known for compiling… Continue reading EXPLAINED: WHAT IS IUCN
Policy bias against rainfed agriculture
A new rainfed agriculture atlas has been released recently released by the Revitalising Rainfed Agriculture (RRA) Network. The atlas not only maps the agro biodiversity and socio-economic conditions prevailing in such areas, but also attempts to document the policy biases that are making farming unviable for many in these areas. The term Rainfed agriculture is… Continue reading Policy bias against rainfed agriculture
Panel backs old system for oil block bid
A High level panel headed by NITI AAYOG Vice chairman Rajiv Kumar, has advised government to shift from the present revenue sharing contracts for oil and gas block auctions to the older system of production sharing contract. In Production sharing (a) firms offering the largest work programmes (such as carrying out seismic survey and drilling… Continue reading Panel backs old system for oil block bid
Scientists discover massive mountains under Earth’s crust
A team of researchers from USA and China has discovered a new layer with massive mountains in the earth’s mantle. The layer lacks a formal name and is being addressed as the “660 kilometers boundary”. The recent discovery is expected to give new insights on the formation and evolution of Earth. The researchers had used… Continue reading Scientists discover massive mountains under Earth’s crust
Caught down the wire: Punjab’s blackbuck fight for existence
Number of blackbuck deaths in Abohar Wildlife Sanctuary (AWS) has raised serious concern. The AWS is an open sanctuary and comprises 13 villages of Bishnoi belt in Abohar Tehsil area of Ferozpur district, Punjab. The blackbuck, an antelope, was notified as the state animal of Punjab in 1989. In Punjab, it is only found in Abohar… Continue reading Caught down the wire: Punjab’s blackbuck fight for existence
Farmer Suicides: 90,000 Farmers Counselled in 14 Maharashtra Districts
The Maharashtra government has said that a large number of farmers in 14 suicide-prone districts of the state have been provided counselling under Project Prerna. The Prerna Project is a Farmers’ Mental Health Service Programme and was launched in 2015. The project aims to curb farmers’ suicide. The project envisages social workers, psychiatrists and ASHA… Continue reading Farmer Suicides: 90,000 Farmers Counselled in 14 Maharashtra Districts
Sterlite closure: downstream units await SC ruling today
Will the Supreme Court overturn the National Green Tribunal Verdict?
States allocation: panel sticks to 2011 census
The 15th Finance Commission(FC) will be using data from 2011 census for the devolution of taxes.Few states have expressed concern over the decision as it would result in lower resource allocation. The Finance Commission is a constitutional body appointed every five years by president and consists of a chairman and four other members.15th finance commission… Continue reading States allocation: panel sticks to 2011 census
Eco Circuit: Pathanamthitta – Gavi – Vagamon – Thekkady’ Inaugurated
Union Minister for Tourism has inaugurated Eco Circuit: Pathanamthitta – Gavi – Vagamon – Thekkady at Vagamon, Kerala. Eco Circuit is one of the thematic circuits identified for development under Swadesh Darshan Scheme. The eco-circuit project in Kerala includes a) Eco Adventure Tourism Park at Vagamon, b) Cultural Centre at Kadamanitta, c) Eco Log Huts… Continue reading Eco Circuit: Pathanamthitta – Gavi – Vagamon – Thekkady’ Inaugurated
