The Government of India has listed the ‘Kashmir Willow Cricket Bat’ as part of the handicraft industry. Craft categories The willow bat industry
Category: Economy
Approved List of Models and Manufacturers (ALMM)
The Government of India is planning to introduce an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India’s transition towards green energy.
Loan limit under PM Mudra Yojana (PMMY) increased to Rs.20 lakh with ‘Tarun Plus’ category
The Department of Financial Services (DFS) in the Union Finance Ministry has created a new ‘Tarun Plus’ category under the Pradhan Mantri MUDRA Yojana (PMMY) to encourage entrepreneurship in the country. Key points Pradhan Mantri MUDRA Yojana (PMMY)
Galathea Bay notified as the 13th major port
The mega international container transshipment port (ICTP) at Galathea Bay — in the Great Nicobar island in the Bay of Bengal — has been notified as the 13th major port.
Bihar gets its first dry port at Bihta
Recently, Bihar Industry minister inaugurated the state’s first dry port at Bihta, a town near state capital Patna.
Pathakhera issued Mine Closure Certification by Ministry of Coal
Ministry of coal announces a significant achievement in sustainable mining practices with the issuance of final mine closure certificates for the Pathakhera Area of WCL.
eShram-One Stop Solution
The Central Government’s ‘eShram-One Stop Solution’ portal has now integrated 12 schemes of different Central Ministries and Departments to the site. Key points
RBI bars four NBFCs from sanctioning and disbursing loans
The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. About Non-Banking Financial Company (NBFC)
PM Modi inaugurates three airports, developed under RCS – UDAN
Prime Minister Shri Narendra Modi on October 20 inaugurated three airports, developed under the Regional Connectivity Scheme (RCS) – UDAN (Ude Desh Ka Aam Nagrik), from Varanasi in Uttar Pradesh. RCS- UDAN
HAL gets Maharatna Status
Hindustan Aeronautics Limited (HAL) has attained the prestigious Maharatna status, becoming the 14th Central Public Sector Enterprises (CPSE) in India to receive this recognition. About Maharatna status To qualify for this status, companies must meet specific criteria, which include: About Read More …
All India Rural Financial Inclusion Survey (NAFIS) for 2021-22
NABARD has published the findings from its second All India Rural Financial Inclusion Survey (NAFIS) for 2021-22. Key findings
Totalisation agreement
According to a recent report, India will have to wait to take forward its discussion with the US on the long-pending totalisation pact and restoration of GSP benefits for Indian exporters at least till the forthcoming US presidential elections are Read More …
Ancillary services market
Unlike traditional energy sources that provide a consistent and predictable output, renewable energy generation fluctuates based on weather conditions, posing a risk to grid stability. There are three kinds of ancillary services:
India, UAE bilateral investment treaty (BIT) comes into effect from August 31
The central government on October 7, 2024 said bilateral investment treaty (BIT) signed between India and the UAE has been enforced from August 31, 2024. India-FTAs At present India has FTAs with about a dozen countries and regions. It includes:
World Bank’s Business Ready (B-READY) Report
Business Ready (B-READY) is a new data collection and analysis project of the World Bank Group to assess the business and investment climate worldwide, accompanied by an annual corporate flagship report. Differences between B-READY and Doing Business project B-READY 2024 Read More …