Current Affairs

National:

National Handloom Day

  • The 6th National Handloom Day was celebrated on 7th August, 2020, to honour the handloom community, and acknowledge their contribution towards India’s socio-economic development.

RBI’s New Loan Recast Scheme

  • On 6th August, 2020, the Reserve Bankof India(RBI) gave the green signal to a loan restructuring scheme for stressed borrowers.

Draft Defence Production And Export Promotion Policy – 2020

On 3rd August, 2020, the Ministry of Defence (MoD) released a draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020).


High Level Group On Agricultural Exports

  • On 31st July, 2020, the High Level Group (HLEG) on Agricultural Exports set up by the Fifteenth Finance Commission submitted its report to the Commission.

National Education Policy-2020

On 29th July, 2020, the government approved the National Education Policy 2020, making way for large scale, transformational reforms in both school and higher education sectors.


Pre-Packaged Deals In Insolvency And Bankruptcy Code

The Ministry of Corporate Affairs (MCA) has set up a committee to look into the possibility of including what are called “pre-packs” to offer faster insolvency resolution under the Insolvency and Bankruptcy Code (IBC).


Restrictions On Public Procurement: Amending General Financial Rules 2017

  • On 24th July, 2020, the Government amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds of defence of India, or matters directly or indirectly related thereto including national security.

Delhi’s Serological Survey

  • Recently, the Ministry of Health and Family Welfare declared the results of a serological survey carried out in Delhi between 27th June and 10th July, 2020.

US-India Strategic Energy Partnership

  • On July, 17, 2020, India and the USA have participated in a virtual ministerial meeting of the US-India Strategic Energy Partnership (SEP) to review progress, highlight major accomplishments, and prioritize new areas for cooperation.

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