Parakram Diwas: The Union Culture Ministry has announced that January 23, birth anniversary of Subhas Chandra Bose, would be celebrated as “Parakram Divas”, day of courage, every year. 2021 will be 125th birth anniversary of Subhas Chandra Bose.
National girl child day: The National Girl Child Day is celebrated in India every year on January 24th. It was initiated in 2008 by the Ministry of Women and Child Development and the government of India, in order to spread public awareness about inequities that girls face in Indian society.
Tax buoyancy: is one of the key indicators to assess the efficiency of a government’s tax system. Generally, as the economy achieves faster growth, the tax revenue of the government also goes up. Tax buoyancy explains this relationship between the changes in government’s tax revenue growth and the changes in GDP. In other words, it measures the responsiveness of tax mobilisation to economic growth.
GDP deflator: It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that of prices that prevailed during the base year. This ratio helps show the extent to which the increase in gross domestic product has happened on account of higher prices rather than increase in output. The deflator is more comprehensive measure of inflation because it covers the entire range of goods and services produced in the economy. The formula to find the GDP price deflator: GDP price deflator = (nominal GDP ÷ real GDP) x 100.
Category A project in EIA: Category A (national level appraisal): projects are appraised by Impact Assessment Agency (IAA) and the Expert Appraisal Committee (EAC). require mandatory environmental clearance and thus they do not have to undergo the screening process.