Economy

Third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) launched

The third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) was launched in 600 districts across all states of India. Spearheaded by the Ministry of Skill Development and Entrepreneurship…

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RBI drains ₹2 tn of liquidity via 14-day reverse repo auction

 The Reserve Bank of India (RBI)  has drained ₹2 trillion of liquidity from the system via the 14-day reverse repo auction as it begins the process of normalizing liquidity operations….

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FDI equity inflows into India cross $500 billion: Foreign Direct Investment, FII explained

Foreign Direct Investment (FDI) equity inflows into India crossed the $500 billion milestone during April 2000 to September 2020 period; according to the data of the Department for Promotion of…

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Food Processing Ministry launches GIS One District One Product digital map

Union Minister for Food Processing Industries virtually inaugurated the capacity building component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme (PM-FME Scheme) and launched the GIS One…

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India in historic technical recession, RBI signals in first ever nowcast

Gross domestic product contracted 8.6% in the quarter ended September, the Reserve Bank of India showed in its first ever published ‘nowcast,’ which is an estimate based on high-frequency data. The economy…

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India’s Fiscal Deficit Rises to 115% of Budgeted Target

India’s fiscal deficit touched 115% of the budgeted target in the first half of 2020-21 to 115% of Budgeted target LEARNING FROM HOME/ WITHOUT CLASSES/ BASICS  Revenue Expenditure Refers to…

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RBI accepts Kamath Committee’s parameters on loan restructuring

The Reserve Bank of India(RBI) appointed expert committee on a resolution framework for bank loans stressed on account of the pandemic has outlined parameters to deal with 26 sectors effected…

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Transparent Taxation Platform

Prime Minister Narendra Modi launched a platform to honour and appreciate the honest taxpayers of the country. Transparent Taxation – Honouring The Honest’ platform will introduce reforms such as faceless…

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Agriculture Infrastructure Fund

The ₹1 lakh crore Agriculture Infrastructure Fund, a new financing scheme under, is  meant for setting up storage and processing facilities, which will help farmers get higher prices for their…

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First mega food park in Mizoram

Union food processing industries minister Harsimrat Kaur  Badal on Monday inaugurated Zoram Mega Food Park, the first in Mizoram LEARNING WITH TIMES/FROM HOME/WITHOUT CLASSES/BASICS The Scheme of Mega Food Park…

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