8th August – Editorials/Opinions Analyses

Contents Alert amid uncertainty: RBI Why are forex reserves shooting up now? RBI’s new loan recast scheme ALERT AMID UNCERTAINTY: RBI Focus: GS-III Indian Economy Introduction The RBI has prudently decided to keep the key interest rates unchanged citing the “extreme uncertainty” that characterises the current outlook for inflation and economic activity. Observing that the […]

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 […]

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