LPG subsidy for Ujjwala beneficiaries raised to ₹300 Context The Union Cabinet increased the subsidy on LPG cylinders under the Ujjwala scheme to 300 from 200 per cylinder on Wednesday, ahead of Assembly elections in five states. What is the Ujjwala Scheme? The Indian government […]
‘Ultra-long g-secs to see good demand from insurers, pension funds in H2’ Context According to officials, insurance companies and provident funds, which are eager and have been searching for opportunities to park long-term assets, may readily absorb India’s first-ever issue of 50-year government bonds and […]
Indian Navy to unveil ‘Swavlamban 2.0’ next week: Vice-Chief Context : Vice-Admiral Sanjay Singh, the Vice-Chief of the Naval Staff, announced on Wednesday that the Indian Navy will unveil its updated indigenization road map, known as “Swavlamban 2.0,” next week. This document will provide an […]
Centre softens angel tax rules Context On investments made by non-resident investors into start-ups at a premium over their fair market value, the government has loosened some of the provisions of the angel tax that was established in this year’s Budget. It incorporated five distinct […]
Punjab govt. commits to a 50% reduction in stubble-burning cases Context : According to the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM), the Punjab government pledged in its State Action Plan to reduce occurrences of paddy stubble burning by at least […]
Kaobal Gali-Mushkoh Valley opens up for tourists Context In the past, Pakistan used to regularly shell the high-altitude passes of the Gurez valley in north Kashmir, which is now off-limits to people. It is now prepared to link up with the 1999 war’s battleground, the […]
Wholesale prices continue to fall Context For the fifth consecutive month, India’s wholesale prices declined in August, although the rate of drop was lessened from 1.36% to 0.52%, despite a decrease in food and primary component inflation to over 6% from over 7.5% in July. […]
PMMSY: bridging gaps in the fisheries sector Context The COVID-19 pandemic threatened to halt the advancement in the Indian fisheries sector in 2020 as a result of reforms started by Prime Minister Narendra Modi, who recognised the enormous potential of the Blue Economy and began […]
Govt. limits wheat stocks to control price rise, hoarding Context The Union government has decided to lower the stock limits of wheat for traders, wholesalers, retailers, big chain shops, and processors in all States and Union Territories due to rising wheat prices and concerns about […]
Kashmir Valley’s growers are anxious as import duty is relaxed on American apples Context Orchardists in the Kashmir Valley are uneasy following the Union government’s decision to reduce the 20% customs tariff on apples imported from the United States at the recently concluded G-20 conference. […]