What Finance Minister’s push to end manual scavenging means

Source: The post is based on the article “What Finance Minister’s push to end manual scavenging means” published in Indian Express on 2nd February 2023. Contents1 What is the News?2 What is Manual Scavenging?3 Deaths due to Manual Scavenging4 What are the steps taken against Manual Scavenging?5 What is the significance of the announcement by… Continue reading What Finance Minister’s push to end manual scavenging means

Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister

Source: The post is based on the article “Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has allocated ₹7,000 crore for the introduction of Phase 3 of the eCourts Project. What is… Continue reading Allocation of ₹7,000 cr. for Phase 3 of eCourt will improve justice delivery system: Law Minister

Budget 2023: What are lab-grown diamonds, mentioned by FM

Source: The post is based on the article “Budget 2023: What are lab-grown diamonds, mentioned by FM” published in Indian Express on 3rd February 2023. Contents1 What is the News?2 What are Lab Grown Diamonds?3 What are LGDs used for?4 What are the steps announced in the Budget on Lab Grown Diamonds? What is the… Continue reading Budget 2023: What are lab-grown diamonds, mentioned by FM

PAN to be used as common identifier for digital systems

Source: The post is based on the article “PAN to be used as common identifier for digital systems” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has said that the Permanent Account Number(PAN) would be used as a common identifier for all digital systems of specified government agencies.… Continue reading PAN to be used as common identifier for digital systems

Major thrust planned for green energy

Source: The post is based on the article “Major thrust planned for green energy” published in The Hindu on 2nd February 2023. What is the News? The Finance Minister has announced a slew of measures for “Green Growth” while presenting the Union Budget. What are the initiatives announced to promote Green Energy? “Green Growth” has… Continue reading Major thrust planned for green energy

Government to set up 100 5G labs to develop new apps

Source: The post is based on the article “Government to set up 100 5G labs to develop new apps” published in The Hindu on 2nd February 2023. Contents1 What is the News?2 What are the initiatives announced in the Budget in the technology sector?3 Artificial Intelligence4 National Data Governance policy What is the News? The Finance… Continue reading Government to set up 100 5G labs to develop new apps

Women get a one-time small savings scheme

Source: The post is based on the article “Women get a one-time small savings scheme” published in The Hindu on 2nd February 2023. What is the News? In the Union Budget 2023-24, the Finance Minister has announced a new small savings scheme for women called Mahila Samman Saving Certificate(MSSC). What is a Mahila Samman Saving… Continue reading Women get a one-time small savings scheme

What is the government’s new policy of UPI for NRIs?

Source: The post is based on the article “What is the government’s new policy of UPI for NRIs?” published in The Hindu on 2nd February 2023. What is the News? National Payments Corporation of India(NPCI) has paved the way for international (phone) numbers to be able to transact using UPI.  Recently, the Union Cabinet approved an… Continue reading What is the government’s new policy of UPI for NRIs?

Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities

Source: The post is based on the article “Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities” published in The Hindu on 2nd February 2023. Contents1 What is the News?2 What is PM Awas Yojana(PMAY)?3 How much has been allocated to PMAY?4 What is Urban Infrastructure Development… Continue reading Budget 2023: PM Awas Yojana share rises by 66%, with more focus on Tier 2 and 3 cities

New tax regime gives spending flexibility

Source: The post is based on the following articles “Zero tax for annual income up to ₹7 lakh under new scheme” published in The Hindu on 2nd February 2023. “‘New tax regime gives spending flexibility’” and “New tax regime is very attractive now” published in the Livemint on 2nd February 2023. “Tax rebate under the new regime, explained… Continue reading New tax regime gives spending flexibility

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