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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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Union cabinet approves Rs 76,000 crore push for semiconductor manufacturing

Union Cabinet approves Rs 76,000 crore push for semiconductor manufacturing

The Union Cabinet on Wednesday approved a ₹76,000 crore incentive plan to woo semiconductor fabricators and display manufacturers, doubling down on the Centre’s push to make India a global electronics production hub. With this, the total amount of production linked incentive (PLI) announced for the electronics sector increase to Rs 2.30 lakh crore. About the scheme:

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Venkaiah Naidu released a Telugu book titled ‘Gandhi Topi Governor’

Venkaiah Naidu released a Telugu book titled ‘Gandhi Topi Governor’

Vice President of India M Venkaiah Naidu has released the Telugu book titled ‘Gandhi Topi Governor’ by Padma Awardee Dr. Yarlagadda Lakshmi Prasad, Chairman, Official Language Commission, Andhra Pradesh. The book narrates the life of barrister Idpuganti Raghavendra Rao. IR Rao was a prominent freedom fighter, legislator, and governor of the Central Provinces in the British administration.

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A book on Yogi Adityanath “The Monk Who Transformed Uttar Pradesh” released

A book on Yogi Adityanath “The Monk Who Transformed Uttar Pradesh” released

The book titled “The Monk Who Transformed Uttar Pradesh: How Yogi Aditynath Changed UP Waala Bhaiya’ abuse to a Badge of Honour”, authored by Shantanu Gupta. A new book chronicles how Uttar Pradesh Chief Minister Yogi Adityanath transformed the state in various aspects like law and order, connectivity, education, health infrastructure, and overall growth. The book underlines the journey

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