National Current Affairs 2020

Union Budget 2020-21 

  • Union Budget 2020-21 was presented in Parliament on February 1, 2020 by the Union Minister for Finance Nirmala Sitharaman.
  •  This year’s Union Budget centres around three ideas-Aspirational India, Economic development, A Caring Society. 
  • The Finance Minister Said that the Union Budget 2020-21 aims 
  •  To achieve seamless delivery of services through Digital governance 
  • To improve physical quality of life through National Infrastructure pipline 
  • Risk mitigation through disaster resilience
  •  Social security through pension and insurance penetration
 Focused Points 

  •  Fiscal deficit target pegged at 3.8% of GDP for FY20. 
  •  Over 6 crore farmers under Pradhan Mantri Fasal Bima Yojana have been insured.
  •   Pradhan Mantri Kisan Urja Suraksha and Utthan Mahabhiyan (PM KUSUM) to be expanded, providing 20 lakh farmers in setting up standalone solar pumps.
  •   One-Product One-District for better marketing and export in the Horticulture sector.
  •   Agri-credit target for the year 2020-21 has been set at ` 15 lakh crore. 
  • PM-KISAN beneficiaries to be covered under the KCC scheme. 
  •  NABARD Re-finance Scheme to be further expanded. 
  • ` 69000 crore allocated for the healthcare sector. Out of the total amount, ` 6400 crore will be sanctioned  for Ayushman Bharat Yojana. 

  • Governement will start start Ind-Sat Exam to promote study in India and a degree-level online education programme for the deprived.
  •   Government proposed ` 3000 crore for Skill India to provide relevant skill training to the youth
  •  27300 crore allocated for 2020-21 for development and promotion of Industry and Commerce.
  •   Investment Clearance Cell proposed to be set up to provide ‘end to end’ facilitation and support.
  •  National Technical Textiles Mission to be set up with four-year implementation period from 2020-21 to 2023-24. 
  • New scheme NIRVIK to be launched to achieve higher export credit disbursement. 
  •  100 more airports to be developed under UDAAN by 2025. 
  • Railways will set up Kisan Rail through PPP model so that perishable goods can be transported quickly.
  •   Four station re-development projects and operation of 150 passenger trains through PPP. 
  •  22000 crore proposed for power and renewable energy sector in 2020-21 
  • Expansion of national gas grid from the present 16200 km to 27000 km proposed. 
  • An allocation of ` 6000 crore will be provided for BharatNet scheme. 
  •  ` 28600 crore will be allocated in FY21 for women-linked programmes.
  •   Allocation for senior citizens and Divyang enhanced to ` 9500 crore. 
  •  Allocation of ` 2500 crore for 2020-21 for tourism promotion.
  •   An Indian Institute of Heritage and Conservation under Ministry of Culture proposed; with the status of a deemed University. 
  •  Reforms accomplished in PSBs; 10 banks consolidated into 4 and ` 350000 crore capital infused.
  •   Government to amend the companies Act to decriminalise civil offences. 
  •  Insurance cover for bank depositors raised from ` 1 lakh to ` 5 lakh. 
  • Government to sell govt stake in IDBI Bank to private investors.
  •  The government has proposed to sell a part of its holding in the LIC, through an initial public offering (IPO). 
  •  Jan Aushadhi Kendra Scheme to offer 2000 medicines and 300 surgicals in all districts by 2024 

TB Harega Desh Jeetega

  •  campaign launched-commitment to end Tuberculosis by 2025.
  •  ` 3.60 lakh crore approved for Jal Jeevan Mission
  •  ` 12300 crore allocation for Swachh Bharat Mission in 2020-21
  •   The plan to provide piped water across Indian households by 2024 with ` 3.6 trillion of funding. 
Economic Survey 2019-20 

  • India’s Economic Survey 2019-20 was tabled in the Parliament by The Chief Economic Advisor (CEA) Krishnamurthy V. Subramanian followed by Finance Minister Nirmala Sitharaman on Jan., 31, 2020. 
  • The Economic Survey 2019-20 builds on India’s aspiration of 5 trillion Economy by 2024-25 with a theme of Wealth Creation. 


  •  GDP growth pegged at 6-6.5% in FY 2020-21 as against 5.0% estimated for 2019-20. 
  •  Survey suggests relaxing Fiscal Deficit target to revive growth in economy
  •  To achieve GDP of $5 trillion by 2025, India needs to spend about $1.4 trillion on infrastructure 
  • Uptick in GDP growth expected in second half of 2019-20 
  • Theme of Survey is to enable markets, promote pro-business policies and strengthening trust in the economy. 
  • Ethical wealth creation key to India becoming $5 trillion economy by 2025
  •   Gross GST monthly collection crossed the ` 1 lakh crore mark five times till Dec., 2019
  •   India ranks third in number of new firms created; 1.24 lakh firms created in 2018 compared to 70000 in 2014 
  • India’s large economy needs an efficient banking sector to support growth; State of the banking system needs urgent attention 
  • Survey suggests rationalisation of government intervention in boosting economic freedom and wealth creation 
  •  Access to helath services through Ayushman Bharat and Mission Indradhanush across the country has improved 
  • Thalinomics’: Affordability of vegetarian Thali improved 29% and that of non-vegetarian Thali by 18% from 2006-07 to 2019-20 

 Cabinet Approved the Medical Termination of Pregnancy (Amendment) Bill, 2020

The Union Cabinet has approved the Medical Termination of Pregnancy (Amendment) Bill, 2020 on Jan. 29, 2020. The bill will amend the Medical Termination of Pregnancy Act, 1971 and extends the upper limit for permitting abortions from the present 20 weeks to 24 weeks.

 ‘Samvidhaan’ Named as Oxford Hindi Word of 2019

 Samvidhaan or Constitution has been named as the Hindi Word of the Year for 2019 by Oxford University Press on January 28, 2020. The word was picked as 2019 saw the values of democracy, secularism, justice, liberty, equality, and fraternity being tested on the touchstone of the samvidhaan.

SC Allows Govt. to Bring African Cheetah to India 

The Supreme Court has allowed the Centre to introduce the African cheetah to a suitable habitat in India (Palpur Kuno sanctuary in Madhya Pradesh) on an experimental basis on January 28, 2020.

 The decision was taken after a petition was filed by National Tiger Conservation Authority (NTCA) to introduce the African Cheetah from Namibia as the rare Indian Cheetah that has become almost extinct in India.

Indian Railways Commissioned First Waste to Energy Plant

 Indian Railways has commissioned the country’s first governmental waste to energy plant in Mancheswar Carriage Repair workshop at Bhubaneswar under the East Coast Railway zone.

It is the fourth waste to energy plant in the country and first plant commissioned by Government sector and Indian Railways (IR).

New Indian English Words Added to Oxford Dictionary

 The tenth edition of the Oxford Advanced Learner’s Dictionary, which was launched on January 24, 2020, has 384 Indian English words.

In this latest edition, 26 new Indian languages words namely Aadhaar, Chawl, dabba, hartal, shaadi and several incorporate words like chatbot, fake news, microplastic & over 1000 new words were included.

 ISRO Unveiled ‘Vyommitra’ for Gaganyaan

The Indian Space Research Organisation (ISRO) has unveiled a half-humanoid or human-robot named ‘Vyommitra’ which will be sent to space as part of the Gaganyaan mission on January 22, 2020.

 ‘Vyom Mitra’ or a friend in the sky; is capable of conversing with astronauts, recognising them, and responding to their queries. It is called half-humanoid since it does not have legs, though it can bend forward and sideways.

POLNET 2.0 Facility Launched

 Union Minister of State for Home Affairs (MHA) Nityanand Rai has inaugurated revamped police communication services POLNET 2.0 on January 20, 2020.

 It is a captive satellite-based network that provides video, audio and data connectivity across the country, especially in times of disasters when regular communication either gets jammed or crashes.

 Pariksha Pe Charcha 2020 Held

 PM Narendra Modi has attended the 3rd edition of ‘Pariksha Pe Charcha 2020’ held at Talkatora Stadium in New Delhi on January 20, 2020.

 He advised students to study in their comfortable time, enter the exam hall with faith and without any pressure and start attempting the paper with easier question.

 He guided students that they should not fear failures and learn from it as it would lead them towards their success.

 SU-30MKI Aircraft Squadron Inducted

 Indian Air Force has inducted the first Sukhoi-30MKI fighter aircraft squadron at the Thanjavurair base.

The SU-30MKI fighters are being equipped with the air-launched version of the BrahMossupersonic cruise missiles which can hit targets at around 300 kilometres with precision. This is the first SU-30MKI fighter aircraft squadron in South India which will look after amaritime role as well.

One Nation, One Ration Card’ Scheme will be Implemented by June 2020 

Union Minister Ram Vilas Paswan has announced on January 20, 2020 that the ‘One Nation, One Ration Card’ scheme will be implemented by June 1, 2020 across the country.

Under this scheme, a beneficiary will be able to avail benefits across the country using the same ration card.

 The beneficiaries will be identified and verified through Aadhaar authentication at the Fair Price Shops on the electronic point of sale (e-POS) devices.