Current Affairs – 01 February, 2022


  1. The federal budget 2022-2023 is tabled in parliament today
  • Date:01-Feb-2022
  • To submit by: Minister of Finance Department
  • India’s GDP is expected to grow by:
  • 2021-2022 is 9.2%
  • 2022-2023 is 8 to 8.5%
  • This year also submit paperless budget

Do you know?

ü Budget Article-112

ü Submitted by Feb 1st working day

ü Budget session: FEB-MAY

2. January sees second -highest GST collection

  • GST collection at 1.38 lakh cr at 2022
  • The highest being April 2021’s 1.39 lakh cr
  • ICRA chief economist Aditi Nayar told The Hindu noting that the healthy revenue Were increase in e-way bills generated In December vis-à-vis November

Do you know?

ü GST Article-279A

ü GST introduced at July1st 2017

3. Adopt UNCITRAL for cross-border insolvency

  • This framework is widely accepted
  • In 1997 emerged as the most widely accepted legal framework to deal with cross-border  insolvency
  • It has been adopted by 49 countries
  • This law works on four main principles:
  • Access, Recognition, cooperation, coordination 
  1. India ranks third globally in forest area survey

  • Forest covered 24% of India’s geographical area
  • accounting 2% of the world’s total forest area in 2020

ü  Tropical evergreen forests.

ü  Tropical deciduous forests.

ü  Temperate evergreen forests.

ü  Temperate deciduous forests.

ü  Mediterranean vegetation.

ü  Coniferous forests.

SCHEMES: These are introduced by Narendra Modi

  • Garib KalyanYojana – People will to get 5 kg wheat or rice and 1 kg of preferred pulses for free every month
  • Ayushman Bharat Yojana – Medical related subsidy


  1. Collegium recommends Bhandari for High court chief justice
  • He is appoint to the madras high court
  • He is 51st chief justice madras high court
  • PREVOIUS chief justice: Sanjeev Baneerji
  • He is transfer to megalaiya

Do you know?

  • ü High court Article–(214-232)
  • ü Started at 1862
  • ü 1stTmil chief justice – T. Muthusamy
  1. President quotes Thirukkural in his address
  • On Monday president Ram Nath Kovind quoted a couplet while addressing the joint houses of the parliament for the budget session.
  • That is “Karkakasadarakarpavaikattarapin Nirkaatharkuthaka”