India fiscal deficit : India’s April-February Fiscal Deficit at Rs 14.54 Lakh Crore: 83% of FY23 Target India’s fiscal deficit for the first eleven months of the fiscal year 2022-23 was Rs 14.54 lakh crore, which is equivalent to 83% of the target for the entire fiscal year, according to the data released by the…
Women Entrepreneurs in India : BharatPe collaborates with NITI Aayog’s Women Entrepreneurship Platform to empower MSMEs in India BharatPe, an Indian fintech firm, has partnered with NITI Aayog’s Women Entrepreneurship Platform (WEP) to support women entrepreneurs in the micro, small and medium enterprise (MSME) sector. This partnership aims to provide easy access to working capital…
Saudi Arabia Becomes Shanghai Cooperation Organization Dialogue Partner Saudi Arabia has become the latest country to join the Shanghai Cooperation Organization (SCO) as a dialogue partner at the organization’s 18th summit held in Qingdao, China. The SCO is a Eurasian political, economic, and military organization which was founded in 2001 in Shanghai by the leaders…
India economic growth forecast FY24 : S&P keeps India’s economic growth forecast unchanged at 6% in FY24 Credit rating agency S&P Global Ratings has maintained its economic growth forecast for India at 6% for the fiscal year 2023-24 (FY24). The agency’s projection is in line with the Indian government’s estimate of 6-7% growth in the…
Shri Bhupender Yadav Launches Aravalli Green Wall Project to Combat Climate Change The Minister of Environment, Forest, and Climate Change, Shri Bhupender Yadav, launched the Aravalli Green Wall project on March 27th, 2023, with the aim of combating climate change in India. The project will involve planting trees along a 1,300-kilometer stretch of the Aravalli…
Rajasthan Becomes First State to Guarantee Right to Health The Rajasthan government has become the first state in India to guarantee the right to health to its citizens. Under this initiative, the state government will provide free medical care to all residents of the state. The move is aimed at ensuring that every citizen in…
Africa-India military ties : Africa-India Field Training Exercise (AFINDEX-23) to be Held in Pune The Africa-India Field Training Exercise (AFINDEX-23) will be held in Pune, Maharashtra, in March 2024. The event aims to boost military ties between India and Africa, as well as provide an opportunity for both sides to share their expertise and learn…
Japanese PM Kishida invites PM Modi to G7 summit Hiroshima Japanese Prime Minister Fumio Kishida has invited Indian Prime Minister Narendra Modi to attend the G7 Hiroshima summit, which is set to take place in June 2023. The invitation was extended during a phone call between the two leaders on April 20, 2023. The G7…
Literacy Rate in India: Bihar lowest at 61.8%, Kerala highest at 94% According to a recent report by the National Statistical Office (NSO), Kerala has the highest literacy rate among Indian states, while Bihar has the lowest. The report, based on data from the 77th National Sample Survey, indicates that Kerala’s literacy rate is 94%,…
India becomes the World’s Largest Arms Importer as per SIPRI Report 2023 According to the Stockholm International Peace Research Institute (SIPRI) Report 2023, India has become the world’s largest arms importer, accounting for 11% of the global arms imports during 2017-2021. The report also revealed that India’s arms imports increased by 82% between 2012-2016 and…
