News:The Reserve Bank of India’s Monetary Policy Committee is set to announce its bi-monthly policy review on October 4,2019. Facts: What is likely to happen in the policy review? The RBI is likely to cut the repo rate by anywhere between 35 to 40 basis points due to following reasons- Inflation is under control.Hence,there is… Continue reading Explained: Why RBI may cut interest rates tomorrow and why it may not be enough
Category: Daily Factly articles
Tiger Reserves in Madhya Pradesh
News: Madhya Pradesh might soon its seventh tiger reserve — the Ratapani Tiger Reserve. The proposed reserve will be carved out of the Ratapani wildlife sanctuary which is spread over Raisen and Sehore districts. Facts: About Tiger Reserves: Tiger Reserves are protected area that aim at conserving the habitat to ensure a viable population of… Continue reading Tiger Reserves in Madhya Pradesh
Exercise KAZIND -2019
News: The KAZIND 2019 commenced on 3rd October at Pithoragarh, Uttarakhand. The exercise will end on 15th October 2019. Facts: KAZIND is an annual military exercise between India and Kazakhstan army. Exercise KAZIND-2019 is the fourth edition. The aim of exercise is joint training of troops in Counter Insurgency/ Counter Terrorism operations in both Jungle… Continue reading Exercise KAZIND -2019
International Day for Older Persons
News: The President of India Shri Ram Nath Kovind has conferred the “Vayoshreshtha Samman-2019” to mark ‘International Day of older Persons’. Facts: About Vayoshreshtha Samman The Ministry of Social Justice and Empowerment decided in the year 2005 to confer Vayoshreshtha Sammans to eminent senior citizens and Institutions in recognition for their service to elderly persons,… Continue reading International Day for Older Persons
Paryatan Parv 2019
News:Minister of Tourism has inaugurated the nationwide “Paryatan Parv 2019”. Facts: About Paryatan Parv: Paryatan Parv 2019 is dedicated to 150th Birth Anniversary of Mahatma Gandhi. The objective of the event is to draw (a)focus on the benefits of tourism, (b)showcase the cultural diversity of the country and (c)reinforce the principle of “Tourism for All”.… Continue reading Paryatan Parv 2019
India Economic Summit
News:The World Economic Forum’s 33rd edition of the India Economic Summit will begin from October 3rd in New Delhi. Facts: About the summit: The summit is being held by the World Economic Forum in collaboration with the CII(Confederation of Indian Industry). The theme of the summit is ‘Innovating for India: Strengthening South Asia, Impacting the… Continue reading India Economic Summit
The Gandhian Challenge
News:On the 150th birth Anniversary of Mahatma Gandhi,Atal innovation mission(AIM), NITI Aayog’s Atal Tinkering Labs(ATL) and UNICEF India, including Generation Unlimited has launched ‘The Gandhian Challenge’. Facts: About the Gandhian Challenge: This innovation challenge provides a platform for every child across India to ideate innovative solutions for a sustainable India of their dreams, using Gandhi’s… Continue reading The Gandhian Challenge
Street Lighting National Programme(SLNP)
News:The number of LED street lights in the country has doubled from 49 lakh in March 2018 to 1 crore on October 1,2019.These lights are being installed under the Street Lighting National Programme(SLNP). Facts: About Street Lighting National Programme(SLNP): Street Light National Programme(SLNP) is an initiative of the Government to promote energy efficiency in the… Continue reading Street Lighting National Programme(SLNP)
Explained: How Bangladesh’s economic growth is stealing India’s thunder
News:The economic outlook update released by the Asian Development Bank(ADB) has shown how Bangladesh is the standout economy in terms of growth momentum in South Asia. Facts: What did the report said? The report has said that Bangladesh has been experiencing high and consistently rising economic growth rate while maintaining a stable level of inflation.… Continue reading Explained: How Bangladesh’s economic growth is stealing India’s thunder
Mo Sarkar initiative
News:Odisha government has launched a new governance initiative named ‘Mo Sarkar’. Facts: About the initiative: The ‘Mo Sarkar’ initiative which means ‘My Government’ is an important transformative initiative of the Odisha government under 5-T programme. The 5-T mantra is based on the philosophy that transparency, teamwork, technology and time leads to transformation. The objective of… Continue reading Mo Sarkar initiative
