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India's economic growth to be 9.5 percent - IMF Prediction

  • With the annual meeting of the World Bank and the International Monetary Fund coming up soon, the International Monetary Fund has released a report on the state of the world economy.
  • Of that, India's economic growth slowed to 7.3 percent in 2020 due to the Corona epidemic. India's economic growth is projected to be 9.5 percent in 2021 and 8.5 percent in 2022.
  • The U.S. economy is projected to grow at 6 percent in 2021 and 5.2 percent in 2022. Similarly, China's economic growth will be 8 percent in 2021 and 5.6 percent in 2022. According to the International Monetary Fund, global economic growth is projected at 5.9 percent in 2021 and 4.9 percent in 2022.
Asian Foreign Ministers Conference 2021
  • Participated in the Asian Foreign Ministers Conference in Nur-Sultan, the capital of Kazakhstan. Then he said: If peace and development is our common policy, then we must defeat the greatest enemy of terrorism.
  • One country should not allow another country to promote terrorism. Cross-border terrorism is not a beauty for a country; It is another form of terrorism. Jaishankar spoke anonymously at the conference about Pakistan, which is fighting terrorism, and China, which is paving the way for an economic route through Pakistan-occupied Kashmir.
Retired IAS officer Amit Kare has been appointed as an advisor to Prime Minister Modi
  • The Union Cabinet has approved the appointment of retired IAS officer Amit Kare as an adviser to the Prime Minister. Union Secretary status will be granted. Amit Kare will remain in the post for the next 2 years or until re-order comes.
  • Retired last month as Secretary of the U.S. Department of Higher Education, IAS. Officer Amit Kare. Prior to that, he was the Secretary of the Department of Human Resource Development and Information Broadcasting.
Finance Minister Nimala consult with international organizations
  • Minister Nimala Sitharaman arrived in the United States on Monday to attend the annual meeting of the World Bank-International Monetary Fund (IMF), including a meeting of G20 finance ministers and central bank heads.
  • In this context, she met with heads of international organizations in Boston. At the time, she was consulting on the opportunities available in India in terms of investment.
Rs 1,200 crore multi-purpose transport park at Muppet
  • A Memorandum of Understanding (MoU) for setting up a 'Multipurpose Freight Park' in Mappet, Tiruvallur District, with an investment of Rs. The agreement was signed through the conference.
  • Accordingly, the Industrial Development Corporation of the State of Tamil Nadu, the National Highway Freight Management Corporation and the Chennai Port are planning to launch a 'Multipurpose Freight Park' at Muppet with an investment of Rs. 1,200 crore with public and private participation.
Union Cabinet approves setting up of 100 Sainik schools
  • There are currently 33 Sainik schools across the country. These are run under the Military Schools Society of the Ministry of Defense. It was announced in the federal budget that military-linked schools would be opened across the country to train people to join the army.
  • Accordingly, in the first phase, 100 military affiliated schools are to be opened in collaboration with state governments, NGOs and the private sector. The Union Cabinet has also approved the implementation of the second phase of the Clean India Movement called 'Swach Bharat' from 2025 to 2026.
  • The central government will spend Rs 36,465 crore in the second phase of the Rs 1.41 lakh crore project on solid waste management and wastewater treatment. It has also been approved to spend Rs 2.77 lakh crore from 2025 to 2026 under the plan to ensure safe drinking water in big cities.
  • The share of the Central Government is 76 thousand 760 crore rupees. In addition, it has been approved to provide a subsidy of 28 thousand 655 crore rupees for nutrient rich fertilizers.
China spends Rs 1,700 crore on biodiversity conservation - President Jinping
  • Chinese President Xi Jinping has announced at a UN meeting that he will provide Rs 1,700 crore for biodiversity conservation in developing countries. The 15th UN Leaders' Summit on Biological Diversity is underway. Chinese President Xi Jinping took part in a video conference.
Chennai High Court appoints 4 new judges - President's order
  • President Ramnath Govind has accepted the recommendation of the collegium headed by the Chief Justice of the Supreme Court and appointed 4 new judges to the Chennai High Court.
  • The collegium had recommended the appointment of lawyers Sundaram Smt., Bharata Chakraborty, Vijayakumar and Mohammad Shafiq as judges. President Ramnath Govind has accepted it.
  • The maximum number of judges allowed by the High Court in Chennai is 75. The total number of judges has increased to 55, including the current four judges.
The license for a small finance bank was granted by the Reserve Bank to the Center, Bharatpai
  • The Reserve Bank of India has granted the license to set up a small finance bank to the Bharat Bay and Centrum consortium. The bank is said to be operating under the name Unity Bank. For the first time these two companies are setting up a bank together. It will be the first digital bank in India
Prime Minister Modi at the G20 summit
  • The G20's consultative meeting on the current situation in Afghanistan was held in the Russian capital, Moscow. Prime Minister Modi participated in the video. Speaking on the occasion, Prime Minister Modi urged the international community to prevent Afghanistan from becoming a haven for terrorists.

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