The Government of India has launched the convergence module between the Agriculture Infrastructure Fund (AIF), Pradhan Mantri Micro Food Enterprises Upgradation Scheme (PMFME) and Pradhan Mantri Kisan Sampada Yojana (PMKSY). Agriculture Infra Fund (AIF) Agriculture Infra Fund (AIF) is a Read More …
Category: Economy
RBI launches RuPay Credit Card on UPI, UPI LITE, and Bharat BillPay Cross-Border Bill Payments
Reserve Bank of India (RBI) Governor Shaktikanta Das launched three initiatives by the National Payments Corporation of India (NPCI) at the Global Fintech Fest 2022 in Mumbai on September 20. The initiatives include RuPay Credit Card on UPI, UPI LITE, Read More …
Dharmendra Pradhan launches SCALE app for skill development in leather sector
Minister of Skill Development Shri Dharmendra Pradhan on September 20 launched the SCALE (Skill Certification Assessment for Leather Employees) app which provides a one-stop solution for the skilling, learning, assessment, and employment needs of the leather industry. Leather Skill Sector Read More …
National Conference of State Tourism Ministers: Key Points
The three days National Conference of State Tourism Ministers at Dharamshala, Himachal Pradesh concluded on September 20, 2022. Key highlights of the conference The National Tourism Policy has been drafted with a holistic vision and strategy to revive India’s Tourism Read More …
Finance Minister urges World Bank arm IFC to scale up lending to India
Finance Minister Nirmala Sitharaman has urged the World Bank’s private sector investment arm, the International Finance Corporation (IFC), to increase lending to India to more than $2 billion in the next two years and to $3-3.5 billion over the next Read More …
LoRa technology for remote banking services
A new technology has been developed by the Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India (RBI), for people in remote hilly and forest areas to access banking services without satellite Read More …
What are Zero-Coupon, Zero-Principal Instruments (ZCZPI)?
The Government of India on July 16, 2022 declared the Zero-Coupon, Zero-Principal Instruments (ZCZPI) as securities that can be listed on particular exchanges. Salient features of ZCZPI According to the gazette notification, ZCZPI is an instrument issued by a not-for-profit Read More …
SEBI issued framework for the Social Stock Exchange
The Securities and Exchange Board of India (Sebi) on September 19 issued a detailed framework for the Social Stock Exchange (SSE). SSE is a regulated structure that will facilitate an additional avenue for social enterprises to raise funds. Finance Minister Read More …
Prime Minister launches National Logistics Policy
Prime Minister, Shri Narendra Modi launched the National Logistics Policy in New Delhi on September 18. Addressing the gathering, the Prime Minister said that India had taken yet another important step towards becoming a developed nation with the National Logistics Read More …
MCA revises threshold for paid up capital of “small companies”
The Ministry of Corporate Affairs (MCA) has further revised the definition of “small companies” under the Companies Act, 2013. The MCA has increased the thresholds for paid up Capital from “not exceeding Rs. 2 crore” to “not exceeding Rs. 4 Read More …
Trade 4.0
Industry 4.0-also known as The Fourth Industrial Revolution, has now crossed borders to become Trade 4.0. Key points Trade 4.0 is a new digital thread transforming international trade. When the digitalisation of how we make, transport, or sell is applied Read More …
Oxfam India releases ‘India Discrimination Report’
The ‘India Discrimination Report’ has been released by Oxfam India. The report’s findings are based on the Government’s data on employment and labour from 2004-05 to 2019-20. Key findings Discrimination in the labour market is when people with identical capabilities Read More …
Power Ministry backs PFC as India’s lead DFI for energy transition
The Union power ministry has moved a proposal to grant Power Finance Corporation (PFC) the status of a development financial institution (DFI). The ministry of power is learnt to have sought the DFI status for PFC under the National Bank Read More …
Shri Piyush Goyal chairs the first meeting of the newly reconstituted Board of Trade
Union Commerce Minister Shri Piyush Goyal on September 13 chaired the first meeting of the newly reconstituted Board of Trade. Key highlights He said that exports have been one of the most defining features of the government’s efforts to make Read More …
International Dairy Federation World Dairy Summit (IDF WDS) 2022
The Prime Minister, Shri Narendra Modi inaugurated International Dairy Federation World Dairy Summit (IDF WDS) 2022 organised at India Expo Centre & Mart, Greater Noida, on September 12, 2022. About IDF-WDS 2022 The four-day-long IDF WDS 2022, held from 12th Read More …