Event: Union Minister for Finance and Corporate Affairs Shri Arun Jaitley, on 19 January, 2018, launched the National CSR (Corporate Social Responsibility) Data Portal & Corporate Data Portal in New Delhi. What it will do: The National CSR Data Portal Read More …
Category: Economy
Soliga tribal Coffee in the process of premium tag
Coffee produced by the Soliga tribe of of Kodagu and Chikkamagaluru districts in Karnataka would get premium tag. There coffees are produced through large plantations in the Biligirirangana Hills, commonly called BR Hills. The Coffee Board and the Social Welfare Read More …
FITE Pune-India’s first registered IT trade union
Whenever we think about trade union in India, we tend to imagine the plight of factory workers. But now IT sector, which represents highly skilled and highly educated employees, has also a trade union for its Indian employees. In December Read More …
Milk and Egg production in India
Milk Production: Milk production in India achieved 20.13% growth as compared to 2013-14. The production have been estimated to be increased by 6.4% in 2016-17 over 2015-16. -In past the growth rate has been 6.3% in 2014-15; 6.3% in 2015-16 and Read More …
Global Manufacturing Index-India at 30th place
-In he World Economic Forum (WEF)’s ‘Global Manufacturing Index 2018’, India is ranked at 30th position. -Asian country Japan has topped the index which is followed by South Korea, Germany and Switzerland. -Among BRICS nations, China is on top position, Read More …
FDI in single brand retail allowed to 100%
To send a signal of its reformist nature, the Union Cabinet headed by the Prime Minister Shri Narendra Modi, on January 10, 2018 gave its approval to further opening of some sectors through FDI. Single Brand Retail Trading (SBRT): 100% Read More …
A gender gap of 10% in Jan Dhan account application
According to a World Bank paper titled, ‘Making It Easier to Apply for a Bank Account: A Study of the Indian Market’, a 10% gender gap was reported in opening accounts under the Prime Minister Modi’s ‘Jan Dhan Yojana’. Under Read More …
A new banknotes of Rs. 10 denomination
The Reserve Bank of India (RBI) on 5 January, 2018, announced a new banknotes of Rs. 10 denomination – The new Rs. 10 notes will be in the Mahatma Gandhi (New) Series, and will bear the signature of RBI Governor, Dr. Urjit R. Patel. Read More …
Record production of fruits and vegetables in 2016-17
-According to the Ministry of Agriculture and Farmer welfare, there has been a record production of Horticulture Crops with production during the year 2016-17(F) reaching 300.6 Million Tonnes which is 5% higher than in the previous year. –Productivity for horticulture Read More …
Small savings schemes rates lowered
The union government on December 27, lowered interest rates on small savings schemes such as National Savings Certificate (NSC) and Public Provident Fund (PPF) by 20 basis points (100 basis points are equal to 1% point) -However senior citizens have Read More …
Indian Economic Association centenary celebration
Honorable President of India Shri Ram Nath Kovind on December 27, inaugurated the centenary celebration of Indian Economic Association (IEA). -On this occasion, association organized the 100th annual conference. – Indian Economic Association, established in 1917, is a registered body of Read More …
Just 1.7% of the total population, paid income tax in the assessment year (AY) 2015-16
According to the data released by I-T department, just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16. -The number of income-tax return filers increased to 4.07 crore Read More …
The gross NPA of Public sector bank at Rs 7,33,974 crore
According to the latest RBI data released on December 24, the gross non-performing assets (NPA) of public sector and private sector banks as on September 30, 2017 were Rs 7,33,974 crore, Rs 1,02,808 crore, respectively -Among the major public sector Read More …