Current Affairs

The Reserve Bank of India (RBI) has revised its inflation-forecasting model to better capture how fiscal and monetary policy, interact with real-economy elements.

A study, jointly conducted by the Birbal Sahni Institute of Palaeosciences (BSIP), Lucknow, and Archeological Survey of India (ASI), New Delhi has recently published their findings from material found during the excavation of a Harappan archaeological site at 4MSR (earlier known as Binjor) in western part of Rajasthan (near Pakistan border) between 2014 and 2017.

The World Happiness Report 2021 has been released by the UN Sustainable Development Solutions Network.

The Ministry of Agriculture and Farmers Welfare on 7th March 2021 signed a Memorandum of Understanding (MoU) with the Central Silk Board under the Ministry of Textiles on a convergence model for the implementation of Agroforestry in the silk sector under the ongoing Sub-Mission on Agroforestry (SMAF) Scheme.

The Union Cabinet has approved Amendments to Juvenile Justice (Care and Protection of Children) Act, 2015. The amendments, once approved by Parliament, will strengthen Child Protection set-up to ensure best interest of children.

In the Union Budget for 2021-22, the proposals for this financial year rest on six pillars — health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R&D, and 'Minimum Government, Maximum Governance'.

• The Treaty on the Prohibition of Nuclear Weapons (TPNW) entered into force on 22nd January 2021.