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PM launches UDAN Scheme

Prime Minister Narendra Modi has launched the UDAN (Ude Desh Ka Aam Nagrik) scheme from Jubbarhatti, an airport on the outskirts of Shimla. ‘Ude Desh Ka Aam Nagrik’ means ‘the common man flies’. He flagged of the first UDAN flight under Regional Connectivity Scheme (RCS) on Shimla-Delhi sector. UDAN flights on Kadapa–Hyderabad, and Nanded-Hyderabad sectors Read More…

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India becomes net exporter of power for the first time

According to Central Electricity Authority (CEA), under Union Power Ministry, India for the first time has become a net exporter of electricity during the April-February period in fiscal 2016-17. During this period, India exported around 5,798 million units of electricity to Bangladesh, Nepal and Myanmar. It is 213 million units more than the import of Read More…

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ISRO successfully launches record 104 satellites in single mission

Indian Space Research Organisation (ISRO) created history by successfully launching a record 104 satellites in single mission. These satellites were launched on board of Polar Satellite Launch Vehicle PSLV-C37, on its 39th mission from Satish Dhawan Space Centre, Sriharikota, Andhra Pradesh.’ Key Facts  Of the total 104 satellites, three were Indian and remaining 101 belonged Read More…

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RBI keeps key rates unchanged in 6th bi-monthly monetary policy review

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) headed by RBI Governor Urjit Patel has kept the key policy rates unchanged.  It was central bank’s sixth bi-monthly and last policy for the financial year 2016-17 and overall the third by the MPC. All six members of the MPC voted in favour Read More…

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Highlights of Economic Survey 2016-17

Union finance Minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament budget session. The survey prepared by chief economic adviser in the finance ministry Arvind Subramanian. The survey projects the economy to grow in the range of 6.75% to 7.25% in fiscal year 2017-18 in the post-demonetisation year. It says that the adverse impact Read More…

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