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Current Affairs for UPSC IAS Exam – 8 August 2020

Contents Kavkaz 2020 exercise No free grains for 40% of PMGKAY beneficiaries RBI: Panel for stressed loans resolution norms TRAFFIC on Leopard poaching in India KAVKAZ 2020 EXERCISE Focus: GS-II International Relations Why in news? India will take part in the Russian Kavkaz 2020 strategic command-post exercise. Details The invitees for the Kavkaz 2020 exercise […]

PIB 7th August

Contents National Panchayat Awards 2020 Higher Education Conclave: NEP Submarine cable connectivity to Andaman & Nicobar NATIONAL PANCHAYAT AWARDS 2020 Focus: GS-III Indian Economy Why in news? Union Minister of Panchayati Raj, Rural Development and Agriculture & Farmers Welfare congratulated the winners of National Panchayat Awards 2020 distribution in a function held virtually. Details On […]

RISING REAL LENDING RATE ROILING RBI RATE CUTS: REPORT

Focus: GS-III Indian Economy Why in news? Even after the Reserve Bank slashed key interest rates by 135 basis points (bps) in 2020 – the real lending rates have only gone up by 44 bps in spite of the nominal lending rates falling by 105 bps during the same period, says a report. Highlights from […]

WILDLIFE NOD NOT REQUIRED FOR RAILWAY PROJECTS: MINISTRY

Focus: GS-III Environment and Ecology Why in news? Railway projects, small-scale development works involving construction over less than 20,000 square metres, and under-25 MW capacity hydropower plants will not require approval from the National Board for Wildlife (NBWL) even if they are located within eco-sensitive zones (ESZs) of national parks or wildlife sanctuaries, the environment […]

FUND CRUNCH HITS MGNREGA SCHEME

Focus: GS-II Social Justice Why in news? The Centre is on the verge of running out of funds for the crucial Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme. Details More than 96% of the allocated money has already been spent or is needed to pay pending dues. Fifteen States are already in the […]

HC NOTICE TO FACEBOOK ON PLEA

Focus: GS-II Governance Why in news? The Delhi High Court has issued a notice to Facebook Inc., which owns photo and video sharing social networking platform Instagram, on a petition seeking removal of pictures of a college student from porn sites which were lifted from Instagram. The HC ordered Delhi police’s Cyber Prevention Awareness and […]

NASA SPACEX CREW RETURN

Focus: GS-III Science and Technology Why in news? The SpaceX Dragon Capsule came down in the Gulf of Mexico with the crew, successfully completing its journey back to Earth from the International Space Station. Details It was the first splashdown by U.S. astronauts in 45 years, with the first commercially built and operated spacecraft to […]

IS THE REIGN OF THE DOLLAR OVER?

Focus: GS-III Indian Economy Why in news? The US dollar has registered its worst performance in a decade by dropping nearly 5%. This has resulted in fresh speculation regarding the end of the greenback’s hegemony as the default international currency. What are the reasons for weakness in dollar? The recent decline in the US dollar […]

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