Current Affairs 2019 - Current Affairs Today

Govt relaxes norms for Start-ups

The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: The investment limit of angel investors to seek exemption under the Income Tax Act, 1961 has been increased to Rs 25 crore from 10 Crore. An entity shall be considered a start-up up to 10 years from its date of Read More…

New Initiative SWAYATT and GeM Start-up Runway launched

The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway. Objectives of SWAYATT SWAYATT will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal. The objectives of SWAYATT are: To promote inclusiveness by catapulting various categories Read More…

New company to be established under Department of Space

The government has approved setting up of a new company under the Department of Space to commercially exploit the research and development work carried out by Indian Space Research Organization (ISRO) Centers and constituent units of DOS. Avenues for Commercialisation The following avenues provide opportunities for commercial exploitation of ISRO programmes: Small satellite technology transfer to industry. Read More…

Cabinet approves National Electronic Policy 2019

The Union Cabinet has approved a National Electronics Policy 2019. The Policy aims to position India as a global hub for Electronics System Design and Manufacturing – (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally. Objectives of Read More…

Investigation Tracking System for Sexual Offences (ITSSO) and Safe City Implementation Monitoring Portal launched

The Union Home Minister Rajnath Singh and Minister for Women and Child Development, Smt. Maneka Sanjay Gandhi launched the Investigation Tracking System for Sexual Offences (ITSSO) and Safe City Implementation Monitoring Portal as part of the women safety initiatives. Investigation Tracking System for Sexual Offences (ITSSO) The Investigation Tracking System for Sexual Offences (ITSSO) is an online Read More…

Emergency Response Support System (ERSS) launched in 16 States and UTs

The 112 helpline which was earlier launched in Himachal Pradesh and Nagaland was launched in 16 states and UTs by Union Home Minister Rajnath Singh under the Emergency Response Support System (ERSS). The 16 states and Union Territories where the helpline was launched were Andhra Pradesh, Uttarakhand, Punjab, Kerala, Madhya Pradesh, Rajasthan, Uttar Pradesh, Telangana, Read More…

RBI to transfer Rs 28,000 crore as Interim Dividend to Government

The Reserve Bank of India (RBI) will transfer Rs 28,000 crore as interim dividend to the government. RBI had already transferred Rs 40,000 crore to the government in August 2018 and with the additional 28,000. The government would receive a total of Rs 68,000 crore from the central bank in the current fiscal. This dividend Read More…

National Cyber Forensic Lab and CyPAD Inaugurated

Union Home Minister Rajnath Singh inaugurated a national cyber forensic lab and Cyber Prevention, Awareness & Detection Centre (CyPAD). The National Cyber Forensic Lab (NCFL) is part of the Indian Cyber Crime Coordination Centre (I4C) initiative and CyPAD is the Delhi Police’s cybercrime unit. Cyber Prevention, Awareness & Detection Centre Cyber Prevention, Awareness & Detection Read More…