News:India’s oil minister is in Mongolia for the commissioning of the construction of country’s first petrochemical refinery. Facts: About refinery project: The Mongol refinery project is the largest project undertaken by the government of India under its Lines of Credit (LoC) programme. State-run Engineers India Ltd(SEIL) is the project management consultant for the development of… Continue reading India helps Mongolia for its first petrochemical refinery
Category: Daily Factly articles
Rafale fighter jet
News:Defence Minister has formally received the Indian Air Force’s first Rafale fighter jet from a series of 36 such aircraft purchased from France. Facts: In 2016,Indian government had inked a direct deal with the French government to purchase 36 new Rafale fighter jet. About Rafale fighter jet: Rafale is a twin-engine medium multi-role combat aircraft.It… Continue reading Rafale fighter jet
Hindu Kush Mountains
News: India Meteorological Department (IMD) will collaborate with meteorological agencies in China and Pakistan, among others, to provide climate forecast services to countries in Hindu Kush Mountain region. It will be under the World Meteorological Organisation (WMO). Facts: The Hindu Kush and Himalayan Range (HKH) is famously known as the earth’s “third pole” as it… Continue reading Hindu Kush Mountains
National Nutrition Survey
News: The Government of India has released the first-ever comprehensive National Nutrition Survey. Facts: About the National Nutrition Survey: The survey has been conducted by the Ministry of Health and Family Welfare and the United Nations Children’s Fund (UNICEF) to measure malnutrition. The survey recorded not only micronutrient deficiencies but also details of non-communicable diseases… Continue reading National Nutrition Survey
Graded Response Action Plan (GRAP)
News: Starting October 15, some stricter measures to fight air pollution will come into force in Delhi’s neighbourhood, as part of the Graded Response Action Plan (GRAP). Facts: In pursuant with Supreme Court’s order in the M. C. Mehta vs. Union of India (2016) regarding air quality in National Capital Region of Delhi, the Graded… Continue reading Graded Response Action Plan (GRAP)
Public Finance Management System(PFMS)
News:Punjab government has directed all government procurement agencies to link the bank accounts of farmers with the Public Finance Management System (PFMS) portal before the procurement of paddy begins. Facts: About Public finance management system(PFMS): PFMS is an online platform developed and implemented by the office of the Controller General of Accounts(CGA) under the Union… Continue reading Public Finance Management System(PFMS)
Indian Technical and Economic Cooperation programme
News:The Development Partnership Administration Division of the External Affairs Ministry is celebrating the 55th Anniversary of India’s flagship capacity building programme – Indian Technical and Economic Cooperation(ITEC). Facts: About ITEC programme: The Indian Technical and Economic Cooperation(ITEC) Programme was instituted in 1964 as a bilateral programme of assistance of the Government of India. The Division… Continue reading Indian Technical and Economic Cooperation programme
Explained: Why state budgets matter
News:The Reserve Bank of India (RBI) has released its annual study of state-level budgets. Facts: Highlights of the study: The study has found that except during 2016-17,state governments have regularly met their fiscal deficit target of 3% of GDP. However,most states ended up meeting the fiscal deficit target not by increasing their revenues but by… Continue reading Explained: Why state budgets matter
India receives first tranche of Swiss account details
News:India has received the first tranche of details about financial accounts of its residents in Swiss banks under the automatic info exchange framework. Facts: In 2016,India and Switzerland had signed an Automatic exchange of information(AEOI) deal on bank accounts which came into effect from September 2019. About Automatic exchange of information(AEOI): Automatic exchange of information… Continue reading India receives first tranche of Swiss account details
Asia Environmental Enforcement Award
News: Indian Forest Service(IFS) officer Ramesh Pandey has been selected for the prestigious Asia Environmental Enforcement Award by the United Nations Environment Programme. Facts: About Asia Environmental Enforcement Awards: The Asia Environment Enforcement Awards publicly recognize and celebrate excellence in enforcement by government officials and institutions combating transboundary environmental crime in Asia. The 2019 Awards… Continue reading Asia Environmental Enforcement Award
