What’s in the news? A report released by the State Bank of India said that India is set to become the third largest economy in the world by 2029. The report noted that India will surpass Germany in 2027 and …
About G7 The Group of Seven (G7) is a collective of seven of the world’s most industrialized and developed economies. Their political leaders come together annually to discuss important global economic, political, social and security issues. The G7 member countries …
Why in News: An Indian Army contingent comprising troops from 7/8 Gorkha Rifles is participating in the multilateral strategic and command exercise ‘Vostok-2022’ About Russia has stated that Vostok-2022 will be conducted in two phases. Participating contingents include observers from …
Why in News: Prime Minister commissioned India’s first Indigenous Aircraft Carrier INS Vikrant into the Indian Navy. About INS Vikrant INS Vikrant / Indigenous Aircraft Carrier 1 (IAC-1) is the first indigenously built aircraft carrier, constructed by Cochin Shipyard Ltd. …
Whats in News: In a unique and first-of-its-kind initiative, the Department of Science & Technology (DST), Govt of India, has undertaken to set up India’s first-ever “Night Sky Sanctuary”. A part of Changthang Wildlife Sanctuary at Hanle, Ladakh is all …
About PMEGP Prime Minister’s Employment Generation Programme (PMEGP) is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises since 2008-09. It is a major credit-linked subsidy programme aimed at assisting first generation entrepreneurs for setting …
Context The Ministry of Environment, Forest and Climate Change notified the Plastic Waste Management Amendment Rules, 2021 on August 12, 2021. In keeping with the spirit of the ‘Azadi ka Amrit Mahotsav’, the country is taking steps to curb littered …
About IMF The International Monetary Fund was conceived in 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States. The IMF and the World Bank are called Bretton Woods twins. The IMF is a permanent observer at …
Why in News Mikhail Gorbachev, who ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, passed away. About Gorbachev Gorbachev, the last Soviet president, forged arms reduction deals with the United States and …