Finance minister releases fifth tranche of economic package

News: Union finance minister has unveiled the fifth and last tranche as part of the Atmanirbhar Bharat Abhiyan(Self-reliant India campaign). Facts: Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA):  Government to allocate an additional Rs 40,000 crore for MNREGA.This will help generate nearly 300 crore person days in total and will also help provide more… Continue reading Finance minister releases fifth tranche of economic package

Odisha braces for heavy rain from cyclonic storm Amphan

News: Indian Meteorological Department(IMD) has issued an ‘orange alert’ over heavy to very heavy rainfall that is likely to take place in coastal districts due to Cyclonic storm Amphan. Facts: About Colour- Coded Weather Warning: The IMD issues colour-coded warnings to alert the public ahead of severe or hazardous weather conditions that can cause disruption… Continue reading Odisha braces for heavy rain from cyclonic storm Amphan

40 gharials released in Ghaghara river amid lockdown

News: Uttar Pradesh Government has released Gharials (Gavialis gangeticus) in the Ghaghara river for the conservation and protection in natural habitat. Facts: Gharial: It is a species of Asian crocodilian distinguished by their long, thin snouts which resembles a pot(ghara in Hindi). Habitat: They prefer to live in riverine habitats with deep, clear, fast-moving water… Continue reading 40 gharials released in Ghaghara river amid lockdown

Centre raises borrowing limit of states from 3 pc of GSDP to 5 pc in FY21

News: The Central Government has increased the borrowing limit of states from 3% of gross state domestic product (GSDP) to 5%. Facts: Key Facts: States have so far borrowed only 14% of the 3% of GSDP limit which is authorised to them while 86% of the limit remains unutilized.However,the limit of states has now been… Continue reading Centre raises borrowing limit of states from 3 pc of GSDP to 5 pc in FY21

India welcomes Afghan power-sharing deal

News: India has welcomed the power-sharing deal announced by Afghanistan between President Ashraf Ghani and his rival Abdullah Abdullah which ended political discord caused by last year’s disputed presidential election. Facts: Key Provisions of the Deal: Ashraf Ghani will stay as the president of Afghanistan while Abdullah will appoint half of the cabinet and will… Continue reading India welcomes Afghan power-sharing deal

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