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Budget and Constitutional Provisions: UPSC Daily Important Topic | 20 December 2021

Budget and Constitutional Provisions •According to Article 112 of the Indian Constitution, the Union Budget of a year is referred to as the Annual Financial Statement (AFS). •It is a statement of the estimated receipts and expenditure of the Government in a financial year (which begins on 01 April of the current year and ends

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Hindustan Aeronautics signs ₹2,400 cr deal with BEL for 83 LCA Tejas Mk1A fighters

Hindustan Aeronautics signs ₹2,400 cr deal with BEL for 83 LCA Tejas Mk1A fighters

State-run Hindustan Aeronautics Limited (HAL) has signed a ₹2,400 crore contract with defence public sector unit Bharat Electronics Limited (BEL) for the development and supply of 20 types of systems for LCA (Light Combat Aircraft) Tejas Mk1A fighter aircraft programme. The duration of the contract is 5 years i.e., from 2023 to 2028. Notably, this is

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Goa’s Liberation Day 2021

Goa’s Liberation Day 2021

Goa Liberation Day, observed every year on December 19 in India, is regarded as one of the most significant days in the history of Goa. Located at around 250 miles south of Mumbai, Goa is one of India’s smallest states and was previously under Portuguese possession for about 450 years. The year 2021 marks the 60

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Kumar Mangalam Birla receives Global Entrepreneur of the Year Award

Kumar Mangalam Birla receives Global Entrepreneur of the Year Award

Aditya Birla Group’s chairman, Kumar Mangalam Birla has received the Global Entrepreneur of the Year Award- Business Transformation from The Indus Entrepreneurs (TiE) based out of Silicon Valley. Birla is the 1st Indian Industrialist to receive the award for global entrepreneurship along with top global business leaders Satya Nadella, Elon Musk, and Jeff Bezos. The awardees were selected by

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