CONTEXT: As per estimates released by the National Statistical Office, India’s GDP contracted 7.5% in the second quarter of 2020-21. MAIN POINTS: India has now entered a technical recession with two successive quarters of negative growth. Agriculture, which was the only sector to record growth between April and June this …

CONTEXT: India has targeted to have it’s Islands- A&N and Lakshadweep as Green Energy says Shri R.K Singh at Country session of Maldives during 3rd Global Re-Invest.Power Minister assures full cooperation to Maldives in its efforts promote RE projects BACKGROUND: Shri R K Singh, Union Minister of New & Renewable …

CONTEXT: United Nations Development Programme (UNDP) and Invest India have launched the Sustainable Development Goals (SDGs) Investor Map for India. MAIN POINTS: It laid out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help the country push forward on the trajectory of Sustainable Development. The …

CONTEXT: Recently, the Ministry of Environment, Forest and Climate Change has launched the ‘India Climate Change Knowledge Portal’. MAIN POINTS: AIM: The Portal will help in disseminating knowledge among citizens about all the major steps the Government is taking at both national and international levels to address climate change issues. …

CONTEXT: The Union Government’s fiscal deficit further widened to ₹9.53 lakh crore, or close to 120% of the annual budget estimate, at the end of October of the current fiscal (2020-21). DETAILS: The deficit widened mainly due to poor revenue realisation. The fiscal deficit or gap between the expenditure and …