Amazon.in Widgets Welcome to Best GS Bytes!!! Best GS Bytes Nurtures and Enriches Your UPSC-IAS Preparations with Ready-to-Grasp Current Affairs Articles and Content, Follow Best GS Bytes on Daily Basis. Best of Luck! For UPSC-IAS 2020 Prelims...

Explaining: Economic Survey 2019-20

Economic Survey 2019-20 Approx Read Time: 25 minutes Economic Survey on various sectors/themes NOTE: a 10% increase in new firms in a district yields a 1.8% increase in Gross Domestic District Product (GDDP) Essential Commodities Act: Also Read: Budget 2020-21 Summary Like us on Facebook: Best GS Bytes

Budget 2020-21 Summary

Budget 2020 Explained Approx Read Time: 35 minutes  General Highlights: Budget 2020 Lower personal income tax rates Hike in the deposit insurance cover for bank depositors (from Rs 1 lakh to Rs 5 lakh) Listing the Life Insurance Corporation of India Abolishing the Dividend Distribution Tax Boosting farm incomes and the rural sectors: To boost …

Read moreBudget 2020-21 Summary

UK launches new points-based immigration system

New Immigration System in UK Approx Read Time: 5 minutes In News: With the aim of attracting the ‘brightest and the best’ from the world, including from India, and cutting down numbers of cheap, low-skilled workers coming to the country, UK has introduced the new points-based immigration system. Background: After Brexit, the UK is currently …

Read moreUK launches new points-based immigration system

After SC lashing, DoT tells firms to pay ₹4L cr by Friday midnight

DoT tells firms to pay ₹4L cr Approx Read Time: 3 minutes In News: The Supreme Court has reprimanded the Department of Telecommunications (DoT) as well as telecom companies for failing to comply with its judgment on payment of dues under the adjusted gross revenue (AGR) head. The apex court’s observations came during the hearing …

Read moreAfter SC lashing, DoT tells firms to pay ₹4L cr by Friday midnight

Govt data shows fall in job creation by schemes

Jobs Shortfall Approx Read Time: 5 minutes In News: As per the recent data tabled by labour & employment ministry in Parliament, some of the flagship employment generation and placement schemes such as PMEGP, DAY-NULM and MGNREGS etc. are expected to see a sharp decline in job creation during the current fiscal. About: Prime Minister’s …

Read moreGovt data shows fall in job creation by schemes

Science Bytes: ISRO’s Expedition to Sun

ISRO’s Expedition to Sun Approx Read Time: 5 minutes In News: The ISRO is preparing to send its first scientific expedition to study the Sun. The mission named Aditya-L1, will observe the Sun from a close distance and is expected to be launched in early 2021. Studying Sun Challenges in studying Sun: The distance of …

Read moreScience Bytes: ISRO’s Expedition to Sun

RBI may soon sync its accounting year with govt’s fiscal year

RBI to sync with govt. Approx Read Time: 4 minutes In News: The Reserve Bank of India (RBI) is considering aligning its accounting year with the government’s fiscal year in order to ensure more effective management of the country’s finances. News Summary: Currently, the RBI’s accounting year runs from July to June while the government …

Read moreRBI may soon sync its accounting year with govt’s fiscal year