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Current Affairs

Viability Gap Funding

Viability Gap Funding (VGF) supports infrastructure projects. It bridges the financial gap between project costs and expected revenue. VGF is crucial for public-private partnerships. It encourages investment in sectors like transport and energy. The government provides funding to make projects viable. This initiative boosts economic growth and development. It aims to enhance public services and improve quality of life.

UDAN Scheme

The Regional Connectivity Scheme (RCS)—popularly known as UDAN (Ude Desh ka Aam Nagrik)—is a flagship initiative launched by the Ministry of Civil Aviation on October 21, 2016. It...

 May 15, 2026

Viability Gap Funding (VGF) Scheme

The Union Cabinet has sanctioned a Viability Gap Funding (VGF) Scheme to facilitate the development of Battery Energy Storage Systems (BESS). BESS enables the storage and controlled release...

 September 9, 2023

Battery Energy Storage Systems (BESS)

The Union Cabinet, chaired by the Prime Minister of India, has given the green light to a Scheme for Viability Gap Funding (VGF) to promote the development of...

 September 7, 2023

Uttar Pradesh’s Health ATM Initiative

The Uttar Pradesh government has taken a groundbreaking step towards revolutionizing healthcare access by introducing Health ATMs across the state. These innovative kiosks offer immediate health services to...

 July 17, 2023

Management of Public Expenditure

The Planning Commission constituted the High Level Expert Committee (HLEC) on Efficient Management of Public expenditure under the Chairmanship of Dr. C. Rangarajan. The terms of reference were:...

 December 12, 2022

Union Finance Minister Announces Fourth Atmanirbhar Bharat Tranche

The Union Finance Minister recently unveiled the fourth tranche of the Atmanirbhar Bharat Abhiyan, aimed at fast-track investments across eight key sectors. Part of the 20 lakh crore...

 May 17, 2020

PACEsetter Fund Awards Grants for Off-Grid Energy Solutions

The Ministry of New and Renewable Energy (MNRE) recently celebrated a milestone in its drive towards sustainable energy by recognizing the winners of the PACEsetter fund programme's second...

 September 22, 2019

Mesolithic Age

The Mesolithic Age, also known as the Late Stone Age, represents a crucial transitional phase between the nomadic, hunting-gathering lifestyle of the Palaeolithic period and the settled, food-producing...

 March 1, 2019

SVAMITVA Scheme

The Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme is a central sector scheme launched by the Ministry of Panchayati Raj on April...

 August 21, 2018

National AYUSH Mission (NAM)

The National AYUSH Mission (NAM) was officially launched on September 29, 2014, by the Government of India as a comprehensive healthcare initiative. Implemented by the Ministry of AYUSH,...

 August 1, 2018

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