What’s in the news? India has confirmed a $400 million currency swap with Sri Lanka while deferring another $500 million due for settlement to the Asian Clearing Union (ACU), in a move aimed at helping the island nation witnessing an …
What are Venture Capital Funds? Venture capital funds manage pooled investments in high-growth opportunities in startups and other early-stage firms. These investments are generally characterized as very high-risk/high-return opportunities. Venture capital funds are used as seed money or “venture capital” …
What’s the news? As part of India’s green energy push, the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister approved the ₹12,031 crore second phase of setting up transmission projects for supplying electricity from renewable energy projects. …
About NCAP NCAP is a pollution control initiative that was launched by the Ministry of Environment, Forest and Climate Change in January 2019. This is the first ever effort in the country to frame a national framework for air quality …
The Election Commission of India (ECI) is a constitutional body tasked with supervising, directing, and controlling electoral governance in accordance with the ideals of equality, equity, impartiality, and independence entrenched in the Indian Constitution and the rule of law. It …
Why in News: An extended range sea-to-sea variant of the BrahMos supersonic cruise missile was test fired from the recently commissioned stealth guided missile destroyer INS Visakhapatnam. New features This version of the missile has been designed to launch either …
Levels of Economic Integration Economic integration takes the form of the Preferential Trade Area, Free Trade Area, Customs Union, Common Market and Economic Union. A preferential trade area (PTA) is a trading bloc that gives preferential access to certain products …
What’s in the news? Retail inflation rose to 5.59 % in December, mainly due to an uptick in food prices. The Consumer Price Index (CPI) based retail inflation was 4.91 % in November 2021 and 4.59 % in December 2020. …
About the Scheme In order to improve India’s performance at Olympics and Paralympics, the Ministry of Youth Affairs and Sports started the Target Olympic Podium Scheme (TOPS) in 2014. This was revamped in April 2018 to establish a technical support …
India is undergoing a population change. This is evidenced by its current fertility rate of 2.0, median age of 29 years, and dropping dependency ratio (expected to decrease from 65 percent to 54 percent in the coming decade). This opens …