Public sector undertakings Current Affairs - 2020

Five PSUs to join International Solar Alliance for Sustainable Climate Action

On September 8, 2020, Petroleum and Natural Gas Minister Dharmendra Pradhan announced that five Public Sector Undertakings will join the International Solar Alliance (ISA) Coalition for Sustainable Climate Action. Highlights The five PSUs to join the ISA are Indian Oil Corporation Limited, Oil and Natural Gas Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Read More…

ADB assures 2.2 billion USD loan to India

India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of 2.2 billion USD. Highlights The funds are to be used to help alleviate poverty, and also address economic impacts on micro, medium and small size enterprises. GoI Read More…

Cabinet approves Bharat Bond Exchange Traded Fund

On December 4, 2019, the Cabinet approved the launch of Bharat Bond Exchange Traded Fund (BBETF) in order to allow the investors to buy government debts. The fund will allow easy and low-cost access with the smallest amount of Rs 1000. Highlights The BBETF at its initial stages will hold basket of bonds that are Read More…

50th Raising Day celebrations of CISF

Prime Minister Narendra Modi attended the 50th Raising Day celebrations of Central Industrial Security Forces (CISF), at Indirapuram in Ghaziabad, Uttar Pradesh. Lauding the role of CISF in building New India by providing security to the vital institutions of the country, Prime Minister suggested the idea of starting digital museums at airports and metros, showcasing the Read More…

CISF Creates New Guinness World Record

The Central Industrial Security Force (CISF) created a new Guinness World Record for the longest single moving line bicycle parade at the Yamuna Expressway. New World Record The world record was attempted to commemorate the 50 years of the paramilitary force CISF. For creating the World Record the personnel of the central force rode 1,327 bicycles non-stop with a uniform Read More…