Economy’s growth rate hit a 15-month low of 6.7 % in Q1 of 2024-25. India’s GDP Growth Q1 (April-June) 2024-25: Key Points GDP Growth: Grew by 6.7% in Q1 2024-25, down from 8.2% in Q1 2023-24. Forecast vs. Actual: Below RBI forecast of 7.1% for Q1 2024-25. Lowest Growth: Lowest in the last 15 months; […]

NHRC takes suo motu cognisance of Atchutapuram pharma unit blast. NHRC’s Suo Motu Cognizance of Industrial Accident in Andhra Pradesh Incident: Reactor blast at Atchutapuram SEZ, Andhra Pradesh on 21st August 2024. NHRC Action: Took suo motu cognizance of media reports. Issued notices to Andhra Pradesh officials for investigation on safety compliance and negligence. National […]

The central government reorganized the NITI Aayog. Restructuring of NITI Aayog: Restructured by the Central Government on July 16. Includes senior ministers from the NDA coalition. PM Narendra Modi remains as Chair, with Suman Berry as Vice-Chair. New Members: Full-time members: Dr. V.K. Saraswat, Prof. Ramesh Chand, Dr. V.K. Paul, and Arvind Virmani. Special invitees: […]

Maharashtra Government Approves Logistics Policy 2024 National Logistics Policy (NLP) Launched in September 2022. Aims to reduce logistics costs from 13-14% of GDP to 8% by 2030. Focuses on digitalization, infrastructure, multi-modal transport, skill development, and public-private partnerships. Expected to boost economic growth, create jobs, and enhance India’s global competitiveness. Importance of Logistics Policies: Reduce […]

NABARD announces ₹750 crore ‘Agri SURE’ fund to promote innovation in agriculture. Agri SURE’ fund (Agri fund for Start-Ups & Rural Enterprises) Objective: Support start-ups and entrepreneurs in agriculture and allied sectors. Financial Structure: Rs 750 crore Category-II Alternative Investment Fund (AIF). Contribution: Rs 250 crore each from NABARD and Ministry of Agriculture; remaining Rs […]

NITI Aayog released SDG India Index 2023-24 SDG India Index 2023-24: Overall score: 71 (up from 66 in 2020-21, 57 in 2018). Top states: Uttarakhand, Kerala, Tamil Nadu, Goa. Lagging states: Bihar, Jharkhand, Nagaland, Meghalaya. Significant improvement in Goal 13 (Climate Action) and Goal 1 (Poverty Eradication). Union Territories: Leading UTs: Chandigarh, Jammu & Kashmir, […]

Goods and Services Tax (GST) completes 7 years. Introduction to GST: Enactment: GST was introduced in India through the 101st Constitutional Amendment Act in 2017. Nature: It is a comprehensive indirect tax levied on the supply of goods and services, replacing multiple indirect taxes levied by both Central and State Governments. Key Features of GST: […]

The Ministry of Statistics and Programme Implementation (MoSPI) has developed an eSankhyiki portal. eSankhyiki Portal Function: Provides real-time data for planners, policymakers, researchers, and the public. Objective: Create a comprehensive data management and sharing system for official Indian statistics. Modules: Data Catalogue: Lists major data sets from the Ministry of Statistics and Programme Implementation (MoSPI). […]