Government Policy

TABLE OF CONTENTS News Concept Calculation Components of PMI PMI Releases News: Business activity in the services sectors likely clocked their fastest expansion in more than 13 and a half years in March, aided by a record uptick in export orders, as per the HSBC India Services Purchasing Managers’ Index …

TABLE OF CONTENTS News Concept Understanding Ballistic Missiles News: The new generation ballistic missile Agni-Prime was successfully flight-tested by the Strategic Forces Command (SFC) along with the Defence Research and Development Organisation (DRDO) from the Dr APJ Abdul Kalam Island off the coast of Odisha Concept : The Agni Prime …

TABLE OF CONTENTS News Concept Types of Exchange-Traded Currency Derivatives Currency Options News: The Reserve Bank of India (RBI) Thursday deferred the implementation of norms on exchange-traded currency derivatives (ETCDs) linked to Indian rupee until May 3 following concerns by investors. Concept : Derivatives are financial instruments whose value is …

TABLE OF CONTENTS UNODA Objectives and Functions Key Initiatives and Programs I.UNODA: United Nations Office for Disarmament Affairs • Established in 1982, UNODA serves as the principal United Nations office dealing with disarmament matters. • Mandate includes promoting nuclear disarmament, non-proliferation, and arms control, among other disarmament efforts. • Headquartered …

TABLE OF CONTENTS Introduction Objectives Implementation Key Components Target Groups Achievements Challenges 1. Introduction NACP is a comprehensive program launched by the Government of India to combat HIV/AIDS in the country. It was initiated in 1992 and has undergone several phases of implementation to address the evolving challenges posed by …

  It is an initiative launched by the Government of India with the aim of achieving water security for all by the year 2047. It is a roadmap for sustainable water management in India, focusing on five key areas: The initiative was launched in 2023 and is being implemented by …

The Finance Commission is a quasi-judicial body established by Article 280 of the Indian Constitution. Every five years or earlier if deemed necessary, it is established by the President of India. The Parliament determines the qualifications of the members of the Commission and their selection methods. Their recommendation is not …

The FAME Scheme The Faster Adoption and Manufacturing of Electric Vehicles in India (FAME) scheme has been a key driver in the country’s electric mobility journey. Why in NEWS Phase 3 of this scheme is expected to be launched in the upcoming Interim Budget Historical background 2011: The seeds of …

  Supplementary grants This is or additional grands necessary to satisfy the government spending These grants are mentioned in article 115 of the constitution Article 115 mentions three type of supplementary grants, namely supplementary, additional, and excess grants. supplementary grant- it is provided when a amount for a particular service …

The National Scheduled Castes Finance and Development Corporation (NSFDC) is a public sector undertaking under the Ministry of Social Justice and Empowerment, Government of India. It was established in 1989 with the objective of providing financial assistance, concessional loans, and skill development training to members of Scheduled Castes (SCs) for …