Current Affairs
August 14 , 2019
RPF Launches “Operation Number Plate” across Indian Railways
Railway Protection Force (RPF) of Indian Railways launched a Special Drive with a Code Name – Operation “Number Plate” to identify and verify all vehicles parked in Railway premises, circulating area, parkings and even in the ‘No Parking’ areas for longer duration. The unidentified vehicles are considered as a serious threat to security and safety...
August 13 , 2019
Army launches 'Mission Reach Out' in Jammu
The Army has launched "Mission Reach Out" in Jammu to ensure basic necessities and essential services are available in the region post the abrogation of the provisions of Article 370 and reorganisation of Jammu and Kashmir. A high level "Mission Reach Out" conference to review the prevalent situation in the region was held in the Nagrota Military S...
August 12 , 2019
‘One Nation, One Ration Card’ to be rolled out in India by June 2020
‘One Nation One Ration card’ Scheme to be rolled out in India from June 1 2020. The pairs are made between Telangana-Andhra Pradesh as well as Maharashtra-Gujarat. This means that beneficiaries living in Telangana and Andhra Pradesh can buy their quota of ration from the public distribution system (PDS), also called ration shops, in either of the s...
August 9 , 2019
Rajya Sabha passes Consumer Protection Bill
The Bill seeks to strengthen the rights of consumers and provides a mechanism for redressal of complaints regarding defects in goods and deficiency in services. The Rajya Sabha passed the Consumer Protection Bill, 2019 that provides for the establishment of authorities for the timely and effective administration and settlement of consumer disputes....
August 8 , 2019
RBI cuts repo rate by 35 basis points to 5.4%
India’s central bank announced an array of conventional and unconventional measures to boost slowing economic growth, including reducing the benchmark interest rate by an irregular 35 basis points (bps), its fourth rate cut this year. The Reserve Bank of India’s six-member rate-setting panel cut the repurchase rate to 5.4%, the lowest in almost a d...
August 7 , 2019
Centre approves Rs 4,900 crore Kosi-Mechi Interlinking project in Bihar
Union Government has approved Rs 4,900 crore Kosi-Mechi Interlinking project for interlinking of Kosi and Mechi rivers of Bihar. This is the second major river interlinking project in the country to be approved by Central Government after the Ken-Betwa project in Madhya Pradesh. This approval comes after this project secured the last remaining mand...
August 6 , 2019
Udaipur set to host India's largest education Brainstorm
The third edition of India's largest education brainstorming event, the ScooNews Global Educators Fest (SGEF) will be held on August 09 and 10 in Udaipur- the City of Lakes. It will bring together over 500 educators to discuss the way towards establishing India as the next global education powerhouse. The theme for this year's fest is 'Education fo...
August 5 , 2019
RBI imposes ₹11 cr fine on seven PSBs for violating norms
The Reserve Bank has imposed a collective penalty of ₹11 crore on seven public sector banks for violating norms on current account opening. Allahabad Bank and Bank of Maharashtra have been imposed a fine of ₹2 crore each, Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India have been slapped with fines of ₹1.5 crore each, wh...
August 3 , 2019
Affordable housing gets a ₹10,000-crore booster
In order to boost the housing sector, the government announced providing liquidity of ₹10,000 crore for individual housing loans. The National Housing Bank (NHB) is making available from August 2, a liquidity infusion facility of ₹10,000 crore for Housing Finance Companies as additional liquidity for individual housing loans, for affordable housing...
August 2 , 2019
One nation one ration card scheme implemented in four States
One nation one ration card scheme was launched a pilot basis in four states- Gujarat, Maharashtra, Telangana and Andhra Pradesh. The scheme will provide a major boost to the national food security government. Under the one nation one ration card scheme, families who have food security cards will be able to buy rice, wheat or any food grain at a sub...