Government of Odisha announced full exemption of motor vehicles taxes and registration fees on electric vehicles (EVs) in the state. Highlights This decision was taken for encouraging faster adoption of EVs. Exemption was granted under the Odisha Motor Vehicles Taxation Act and is applicable till...
On October 31, 2021, Prime Minister Narendra Modi met his Spanish Counterpart Pedro Sanchez following the G20 summit in Rome. Highlights During the meeting, PM Modi invited more investments from Spain in India’s infrastructure projects. Both the leaders exchanged their views on robust bilateral ties,...
New Zealand has become the first country to pass laws requiring banks, insurers and investment managers to report the impacts of climate change on their business. About: The new laws will require financial firms to explain how they would manage climate-related risks and opportunities, and the disclosure requirements will be based on...
Recently, the Ministry of Earth Sciences (MoES) has launched India’s first manned ocean mission “Samudrayaan” in Chennai. With this Unique Ocean Mission, India joined the elite club of nations such as the US, Russia, France, Japan, and China to have niche technology and vehicles to carry out subsea...
The government has launched a nationwide expansion of Pneumococcal 13-valent Conjugate Vaccine (PCV)under the Universal Immunisation Programme (UIP) as a part of ‘Azadi ka Amrit Mahotsav’. It was for the first time in the country that PCV would be available for universal use. PCV13protects against 13 types of...
Context: According to its own financial statement, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has run out of funds halfway through the financial year, and supplementary budgetary allocations will not come to the rescue for at least another month when the next Parliamentary...
Comptroller and Auditor General of India and Auditor General of Maldives have signed a memorandum of understanding to strengthen the audit process of public finance. The MoU also aims at exchanging information in the field of public sector audit between the two countries. About CAG: The...
Mahatma Gandhi’s great-grandson Tushar Gandhi has moved the Gujarat High Court against the Gujarat government’s ₹1,200-crore plan to redevelop Sabarmati Ashram in Ahmedabad. Issues with the project: The redevelopment plan involves extending its area from five to 55 acres by relocating residents to nearby areas. Tusha Gandhi says,...
Recently, the government has reconstituted the Economic Advisory Council to the Prime Minister (EAC-PM)under the leadership of Bibek Debroy for a period of two years after its term came to an end in September 2021. About: EAC-PM is a non-constitutional, non-statutory, independent body constituted to give advice on...
Recently, the Ministry of Micro, Small & Medium Enterprises (MSME) has launched an e-National Level Awareness Programme SAMBHAV. About: It is a mass outreach programme under the Ministry of MSME in which students from different colleges/ITIs from all parts of the country will be encouraged by 130 field offices of the Ministry to...
