News on Indian Economy
The Brahmaputra basin covers 580,000 square km across four countries — China (50 per cent), India (34 per cent), Bangladesh (8 per cent) and Bhutan (8 per cent). In India, the catchment area spreads over Arunachal Pradesh, Assam, Bengal, Meghalaya, Nagaland and Sikkim, covering nearly 5.9 per cent of the total geographical area of the country.
For the uninitiated, UPI is an instant real-time payment interface developed in 2016 by the National Payments Corporation of India, an Indian government-backed entity.
India’s installed renewable energy generation capacity touched around 86GW by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others.
With the introduction of its OTP-based cash withdrawal facility, State Bank ATMs has added another layer of security for cash withdrawals. “Introducing the OTP-based cash withdrawal system to help protect you from unauthorized transactions at ATMs
Saudi Arabia and India have stepped up trade and investment cooperation in recent years. In 2018, India was Saudi Arabia’s third largest export market and fifth largest import market, valued at US$ 5.5 billion and US$ 28.4 billion respectively.
The Good Governance Index (GGI) is a uniform tool across States to assess the status of Governance and impact of various interventions taken up by the State Government and UTs. The objectives of GGI are to provide quantifiable data to compare the state of governance in all states and UTs, enable states and UTs to formulate and implement suitable strategies for improving governance, and shift to result oriented approaches and administration.
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for conducting Census of India 2021 at a cost of Rs. 8,754.23 crore and updation of National Population Register (NPR) at a cost of Rs. 3,941.35 crore.
The government may give ‘Make in India’ push to oil and gas exploration in the budget 2020-21. It is considering a proposal to halve cess on domestic crude oil to encourage exploration activity and allow public and private sector companies to step up investment in search for new hydrocarbon reserves.
Safran and GE Aviation own a 50 per cent stake each in the US-based CFM International, which manufactures engines for the Airbus A320 and Boeing 737 types of aircraft
According to National Health Authority (NHA) officials, the Pradhan Mantri Jan Arogya Yojana (PM-JAY), popularly known as Ayushman Bharat, which currently covers 40 per cent of the population, is likely to be extended to all citizens.
