According to a report by ‘ New World Wealth’, with total wealth of 8,230 billion US dollars, India has been raked at 6th welathiest country of the world. As per the report with 64,584 billion dollars, the United States of Read More …
Category: Economy
Economic Survey 2017-18: Main points
Union Finance Minister Shri Arun Jaitley on January 29, 2018, presented the pink colour ‘Economic Survey 2017-18’ in Parliament. The Economic Survey is printed in pink colour to highlight the importance of gender issues to the economy. Here are the main points of Read More …
Atal Penson Yojana extended to Payments and Small Finance Banks
To Strenghten the existing channel of Atal Penson Yojna (APY) the Union Government has allowed Small Finance Banks (SFBs) and Payments Banks to offer Atal penson Yojna. According to the Finance Ministry, the strength, expertise and reach of these new Read More …
Banks Recapitalisation plan details unveiled
The Central Government on January 24, 2018, unveiled details of the recapitalisation of debt laden Public Sector Banks (PSBs) announced on 24 October, 2017. The Union finance minister had announced capital infusion of massive Rs. 2.11 trillion in October 2017. -The Read More …
Global Talent Competitiveness Index 2018: India at 81st position
Index: Global Talent Competitiveness Index 2018 (GTCI 2018) was released on 23 January, 2018 at Davos World Economic Forum summit. Who published: The GTCI 2018 was published by INSEAD Business School, in partnership with the Adecco and Tata Communications. India’s Read More …
1% Indian pocketed 73% generated wealth in 2017: Oxfam
The World Inequality Report titled, ‘Reward Work, not Wealth’ was published by the Oxfam International at World Economic Forum annual summit, Davos on January 22, 2018. According to the report, 73% of the wealth generated in 2017 in India, went Read More …
Inclusive Development Index 2018-India at 62nd place
World Economic Forum (WEF) released it’s annual ‘Inclusive Development Index 2018 (IDI) in Davos on 22 January, 2018. This index has categorised world’s 103 countries in two broad categories: 29 advanced economies and 74 emerging economies. India was ranked 62nd Read More …
Vice President outlines 12 initiatives to make agriculture viable and remunerative
News: The Vice President of India, Shri M Venkaiah Naidu on January 19, 2018, while delivering the 14th Dr V.K.R.V. Rao Memorial Lecture at the Institute for Social and Economic Change in Bengaluru, outlined 12 initiatives to make agriculture viable and remunerative. Read More …
The National CSR Data Portal launched
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 …
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 …