National

Centre Launches ₹1,000-Crore Credit Scheme for Farmers

By BPN News Desk December 19, 2024

In a significant step to bolster agricultural development, the Central Government has introduced a ₹1,000-crore credit guarantee scheme aimed at empowering farmers with improved access to institutional credit. The scheme is expected to address financial constraints faced by small and marginal farmers and promote sustainable agricultural practices across the country.

National

Parliamentary Panel Criticizes IT Ministry Over Semiconductor Fund Utilization

By BPN News Desk December 19, 2024

The Indian Ministry of Electronics and Information Technology (MeitY) has come under fire from a parliamentary panel for failing to effectively utilize allocated funds for the semiconductor sector. The panel expressed dissatisfaction with the ministry’s inability to leverage resources earmarked for advancing India’s semiconductor manufacturing and technology ecosystem.

National

Opposition’s No-Trust Motion Against VP Dhankhar Rejected

By BPN News Desk December 19, 2024

The Rajya Sabha Secretariat has dismissed the no-confidence motion filed by opposition parties against Vice President Jagdeep Dhankhar. The motion, which alleged partiality in his role as the Chairperson of the Rajya Sabha, was rejected on procedural and substantive grounds. Opposition’s Claims Opposition MPs filed the motion claiming that Vice President Dhankhar had

National

Vijay Mallya Reacts to Finance Minister’s Loan Recovery Claim

By BPN News Desk December 19, 2024

Former businessman and fugitive Vijay Mallya, declared an economic offender by Indian courts, recently commented on Finance Minister Nirmala Sitharaman’s statement regarding the recovery of ₹1.41 lakh crore from non-performing assets (NPAs). Sitharaman had highlighted the recovery as a major milestone in the government’s crackdown on loan defaulters. Mallya, known for his

National

Direct Tax Collection Grows Steadily in FY24

By BPN News Desk December 19, 2024

India’s net direct tax collection has witnessed a robust growth of 16.45% so far in the current fiscal year, according to government data. The increase in revenue underscores the nation’s economic resilience amid global uncertainties, providing a boost to the government’s fiscal ambitions. Significant Revenue Milestone The total net collection has reached

Economy National

FM Nirmala Sitharaman Addresses India’s Q2 Economic Slowdown

By BPN News Desk December 18, 2024

India’s GDP growth rate for the second quarter of the fiscal year stood at 5.4%, falling below earlier projections. However, Finance Minister Nirmala Sitharaman has assured that the slowdown is temporary and does not indicate any long-term issues with the country’s economic health. A Challenging Quarter The second quarter posed several challenges for India’s

National Politics

BJP to Take Action Against Absentee MPs Over Key Bill

By BPN News Desk December 18, 2024

The Bharatiya Janata Party (BJP) has decided to send notices to its Members of Parliament (MPs) who were absent during the introduction of the “One Nation, One Poll” bill in Parliament. The move is part of the party’s efforts to ensure discipline and accountability among its lawmakers, especially on matters of national significance. Importance of […]

National Politics

Amit Shah Condemns Congress Over Veer Savarkar Remarks

By BPN News Desk December 18, 2024

Union Home Minister Amit Shah launched a scathing attack on the Congress party for its derogatory remarks about freedom fighter Veer Savarkar, describing such statements as disrespectful to India’s rich history of independence. Addressing a public rally, Shah reaffirmed Savarkar’s unparalleled bravery and contributions to the nation. Veer Savarkar’s Legacy Shah

National

Centre to Introduce One Nation, One Election Bill in Lok Sabha

By BPN News Desk December 17, 2024

The Union government is set to introduce the ‘One Nation, One Election’ bill in the Lok Sabha, aimed at conducting simultaneous elections for the Lok Sabha and state assemblies across India. The proposed legislation, a significant political and electoral reform, has been a topic of intense debate and scrutiny. Objective of the Bill The One […]

Defence National

IAF Deploys Tejas Fighters to Replace MiG-21 Jets

By BPN News Desk December 17, 2024

The Indian Air Force (IAF) has strategically deployed its indigenous Tejas fighter jets along the Western border as part of its operational upgrades. This move comes as the aging fleet of MiG-21 fighters is gradually being phased out after decades of service. The deployment of the Light Combat Aircraft (LCA) Tejas signifies a significant step […]