Category: Economy Schemes and Initiatives

The investments of Sovereign Wealth Funds in India have seen a steady rise over the past few years.

The latest Sovereign Gold Bond (SGB) tranche has opened for subscription

Assets worth more than $12 billion had been attached since 2014 under the Prevention of Money Laundering Act (PMLA) and assets worth over $1.8 billion had been recovered under the Fugitive Economic Offenders Act (FEOA).

Pradhan Mantri Jan Dhan Yojana (PMJDY) – National Mission for Financial Inclusion, completed its nine years of successful implementation recently.

25% of beneficiaries of Pradhan Mantri Ujjwala Yojana (PMUY) either did not take any cylinders during 2022-2023 or took just one refill.

RBI Governor notified that existing cross-border payments can be made efficient by the adoption of Central Bank Digital Currencies (CBDCs).

Recently, latest edition of the Minor Irrigation Census (MIC) finds that electricity is the dominant source of power to extract water, over diesel, windmills, and solar pumps.

The Union Cabinet approved a five-year extension and expansion of the Digital India programme, including the Computer Emergency Response Team, India (CERT-in) expansion.

Government decided to release onions from the 300,000-tonne buffer as part of the price stabilization fund (PSF) to cool onion prices.

RBI plans to enhance UPI with AI-driven conversational features for user-friendliness and wider adoption.

Standing Committee of Parliament on Chemicals and Fertilizers reports called for ending the import dependence on fertilizers such as urea, diammonium phosphate (DAP), muriate of potash (MOP), and nitrogen, phosphorus, and potassium (NPK).

Centre decided to additionally sell wheat and rice through the Open Market Sales Scheme for Food Corporation of India (FCI) stocks.