Current Affairs 2019 - Current Affairs Today

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Government approves Capital Infusion to the Exim Bank

The Union Cabinet headed by Prime Minister Narendra Modi has approved a capital infusion of Rs 6,000 crore in state-owned Export-Import Bank of India (Exim) to expand its business. How the capital infusion would be made? Key facts about the capital infusion proposal are: The government would issue recapitalisation bonds to the tune of Rs 6,000 Read More…

Know Your Budget Series

The Union Finance Ministry has started the Know Your Budget series on Twitter to educate the general public about the budgetary process. It is a fortnight series which explains the importance of Union Budget and its making. With the government set to present the interim Budget for 2019-20, the Know Your Budget series of the Finance Read More…

Global Risks Report

The Global Risks Report 2019 of the World Economic Forum (WEF) describes changes occurring in the global risks landscape from year to year and identifies global catastrophic risks. The report also examines the interconnectedness of risks and considers how the strategies for the mitigation of global risks might be structured. Findings of the Report The Global Read More…

What is Collegium System of Appointment of Judges?

The Supreme Court Collegium is the panel of judges vested with the responsibility of appointments and elevations of Chief Justices and judges of the Supreme Court and high courts of the country. The Collegium for the appointment of Judges of Supreme Court is headed by the Chief Justice of India and comprises of the four other Read More…

GST ministerial panel on lotteries

The Central government has constituted GST ministerial panel on lotteries. The ministerial panel will study the current GST provisions related to lotteries. The panel will look into the current system under GST wherein a state-organised lottery attracts 12 per cent GST while a state-authorised lottery attracts 28 per cent tax. Terms of Reference The inter-ministerial Read More…

Krushak Assistance for Livelihood and Income Augmentation, KALIA

Krushak Assistance for Livelihood and Income Augmentation (KALIA) is a support scheme of Odisha whose primary targets are small farmers, cultivators and landless agricultural labourers. The scheme involves payments to encourage cultivation and associated activities. Features of the Scheme The important features of the scheme are: Under the Scheme, Odisha would spend Rs 10,180 crore Read More…

SC Dismisses pleas on Appointment of DGPs

The Supreme Court has dismissed the pleas of the states of Punjab, Kerala, West Bengal, Haryana and Bihar which sought implementation of their local laws regarding the selection and appointment of DGPs. Dismissing the petition the Supreme Court held that the directions of the court on selection and appointment of DGPs were issued in larger Read More…

First human rights TV channel Launched

The world’s first television channel dedicated to human rights was launched in London by the International Observatory of Human Rights (IOHR). It would be a web-based channel and would deliver human rights issues to audiences in over 20 countries across Europe, Latin America and the Middle East. The broadcasts of the channel can be viewed Read More…