Establishment of Indian National Congress To give expression to the political aspirations of Indians and articulate their wish for participation in governance in India in order to ultimately realize the goal of self rule, the Indian National Congress was established at Bombay in 1885. The Englishman Allan Octavian Hume, a former British civil servant and W. C. Bonnerjee […]
Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0 on February o1, 2022 Economy Capex target expanded by 35.4 per cent — from Rs 5.54 lakh crore to Rs 7.50 lakh crore. FY23 effective capex seen at Rs 10.7 lakh crore India’s growth highest among all major economies; […]
India started its journey for growth and development as a planned economy. The efforts for planning in India started even before independence. When India became free, it formally adopted Five year Plans for the development of Indian economy. The first Prime Minister of India Pd. Jawaharlal Nehru is known as “father of Planning” in India […]
India won ICC U-19 Cricket World Cup final by defeating England by four-wickets to win the at the Sir Vivian Richards Stadium in Antigua on February 5, 2021. It was also a record-extending fifth U-19 title for India. India chased down a target of 190 runs in 47.4 overs, reaching 195 for six. Nishant Sindhu […]
For second year running, the Economic Survey was written under the cloud of the Covid-19 pandemic. These have been difficult times for the world economy. It is not just about the immediate disruptions and uncertainty caused by repeated waves of the pandemic, but also the longer-term uncertainty about the post-Covid world due to accelerated shifts […]
The budget consists of information about total revenue receipt of the government and its sources. It shows total expenditure of the government and different heads of expenditure. I contains information on resources transferred to states and Union Territories. It also tells us information about allocation for government programmes and schemes. It also tells us […]
What is cryptocurrency? A cryptocurrency is a digital or virtual currency. It is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. The cryptocurrencies are generally not issued by any central authority, so governments do not have any control […]
GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which […]
The Padma Awards are conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March/ April every year. In 2022, the President has approved conferment of 128 Padma Awards including 2 duo case (in a duo case, the Award is counted as one) as per list below. The […]
