Current News

IAS/ PCS :

Defence Procurement Procedure – 2020

On 20th March, 2020, Defence Ministry unveiled the draft Defence Procurement Procedure (DPP) 2020 that aims at further increasing indigenous manufacturing and reducing timelines for procurement of defence equipment.


Implementation Of New 15 Point Programme

New 15 point Programme for minorities is a programme launched by Indian government for welfare of religious minorities in furtherance of reports by committees such as the Sachar Committee Report.


Herd Immunity

The outbreak of disease caused by the new coronavirus (COVID-19) has raised questions about a phenomenon known as "herd immunity" and whether it might play a role in how the pandemic progresses.


Regulation Of Payment Aggregators And Payment Gateways

  • On 17th March 2020, the Reserve Bank of India (RBI) released guidelines for the activities payment aggregators (PAs) and provides baseline technology-related recommendations to payment gateways (PGs) in the country.

Major Changes To Sustainable Development Goals Indicators

  • Thirty-six major changes to the global indicator framework for the Sustainable Development Goals (SDGs) were approved and adopted by the United Nations Statistical Commission (UNSC), at its 51st session that concluded on March 6, 2020, in New York.

Sanitizers And Mask Notified As Essential Commodities

In a bid to curb the transmission of Novel Coronavirus (COVID-19), the Central government on 13th March, 2020, declared masks and hand sanitizers to be "essential commodities" until June 30, 2020, by amending the schedule of the Essential Commodities (EC) Act 1955.


AT-1 Bonds

Recently, the private lender YES Bank additional tier 1 (AT1) bonds worth Rs. 8,415 crore have been written down to zero by the Reserve Bank of India(RBI) under the scheme of reconstruction of Yes Bank.


US-Taliban Pact

On 29th February, 2020, the US and Taliban signed an agreement for “Bringing Peace to Afghanistan”, which will enable the US and NATO to withdraw troops in the next 14 months and to facilitate intra-Afghan dialogue in Oslo (Norway) starting from 10th March, 2020.


Central Consumer Protection Authority

Recently, the government announced to establish a Central Consumer Protection Authority (CCPA)by the first week of April, 2020.


Curbs On Cryptocurrency Trades Lifted

In a significant judgment, the Supreme Court on 4th March, 2020, lifted the curbs imposed by the Reserve Bank of India(RBI) on regulated entities such as banks and NBFCs from dealing with virtual currencies (VC) and from providing services to crypto businesses.


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