November 2021

ADB approves USD1.5 billion loan to India for COVID-19 vaccine procurement

ADB approves USD1.5 billion loan to India for COVID-19 vaccine procurement

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. ADB approved a USD 1.5 billion loan to help the Government of India purchase safe and effective vaccines against the coronavirus disease (COVID-19. The fund will be used to procure at least 66.7 crore […]

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Moody’s Projects India’s GDP growth forecast in FY22 at 9.3%; FY23 at 7.9%

Moody’s Projects India’s GDP growth forecast in FY22 at 9.3%; FY23 at 7.9%

Moody’s Investors Service has projected the GDP growth rate of the Indian economy as follows: India’s GDP growth rate prediction for FY22 as per Moody’s : 9.3%. India’s GDP growth rate prediction for FY23 as per Moody’s : 7.9%.  In terms of Sovereign ratings, Moody’s has estimated a ‘Baa3’ rating on India with a negative outlook. The economy rebounded quickly

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15th Biennial Trilateral Coast Guard Exercise ‘Dosti’ Between India, Maldives & Sri Lanka Concludes

15th Biennial Trilateral Coast Guard Exercise ‘Dosti’ Between India, Maldives & Sri Lanka Concludes

The 15th edition of the biennial Trilateral Coast Guard Exercise ‘Dosti’ has concluded on 24th November 2021. The Exercise was conducted between the Maldives, India, and Sri Lanka from November 20 to 24 in the Maldives. Indian Coast Guard was represented by ICGS Vajra and ICGS Apoorva. The aim of this exercise is to further strengthen the friendship,

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Cabinet approves extension of Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) till March 2022

Cabinet approves extension of Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) till March 2022

Union Cabinet has approved the extension for the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY-Phase V) for a period of another 4 months i.e. December 2021 till March 2022.  Under the scheme, all the beneficiaries covered under the National Food Security Act (NFSA) receives food grains @ 5 kg per person per month. The estimated additional

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Noida International Airport

PM Modi lays foundation stone of Noida International Airport at Jewar in UP

Prime Minister Narendra Modi on November 25, 2021 laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia. The Jewar airport is the second international aerodrome in Delhi-National Capital Region (NCR). It is the fifth international airport in Uttar Pradesh. Uttar Pradesh has now

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Raksha Mantri inaugurates 5th World Congress on Disaster Management

Raksha Mantri inaugurates 5th World Congress on Disaster Management

Raksha Mantri Shri Rajnath Singh has virtually inaugurated the 5th World Congress on Disaster Management on November 24, 2021.  It is being organized in New Delhi between 24th to 27th November 2021 at the campus of IIT Delhi on the overarching theme of ‘Technology, Finance and Capacity for Building Resilience to Disasters in the context of COVID-19’. It is an initiative of Disaster Management

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