Economy Current Affairs

The Reserve Bank of India has dedicated a chapter on the “State of the economy”. The idea is to provide a monthly snapshot of some of the key indicators of India’s economic health. Daily Current Affairs Quiz 2020 Key-Points  And the very first “nowcast” predicts that India’s economy will contract by 8.6% in the second […]

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman has announced 12 key measures, as part of Government of India’s stimulus to the economy, under AatmaNirbhar Bharat 3.0. The net stimulus announced amounts to ₹ 2.65 Lakh crore. Daily Current Affairs Quiz 2020 Key-Points Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers

The International Financial Services Centres Authority (IFSCA) approved the International Financial Services Centres Authority (Banking) Regulations, 2020. Daily Current Affairs Quiz 2020 Key-Points  Banking constitutes one of the major focus areas of IFSC and is expected to drive and facilitate the other constituent operations in the IFSC in due course. A self-contained regulation laying down

The government has set up a 22-member inter-ministerial committee in strengthening the Capital Goods (CG) Sector through interventions to help the Capital Goods Sector in contributing more actively in the national goal of achieving a USD 5 trillion economy and a USD 1 trillion manufacturing sector. Daily Current Affairs Quiz 2020 Key-Points  The Committee will

The Cabinet Committee on Economic Affairs has approved Continuation and Revamping of the Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) Scheme till 2024-25 with a total outlay of Rs. 8,100 cr. Daily Current Affairs Quiz 2020 Key-Points  The revamped Scheme is mainly related to introduction of following

Rajasthan government has accepted the Centre’s borrowing proposal to meet GST revenue shortfall and will get over Rs 4,600 crore through the special window. The Government of Rajasthan has communicated its acceptance for Option-1out of the two options suggested by the Ministry of Finance to meet the shortfall in revenue arising out of GST implementation.

The Fifteenth Finance Commission (XVFC) led by Chairman Sh N K Singh, submitted its Report for the period 2021-22 to 2025-26 to the Hon’ble President of India. Members of the Commission, Shri Ajay Narayan Jha, Prof. Anoop Singh, Dr. Ashok Lahiri and Dr. Ramesh Chand along with Secretary to the Commission ShriArvind Mehta accompanied the

United Nations Industrial Development Organisations (UNIDO) has been closely working with India to implement UN’s activities in harmony with national policy priorities and development strategies. Daily Current Affairs Quiz 2020 Key-Points UNIDO is the specialized agency of the United Nations. As of 1 April 2019, 170 States are Members of UNIDO. The mission of the

Path breaking e-invoice initiative which completed one month on the 31st October, is poised to revolutionize the way businesses interact with each other. According to NIC, within the first month of introduction itself, more than 495 Lakh e-invoices were generated on the NIC portal by 27,400 tax payers. Daily Current Affairs Quiz 2020 Key-Points The