Report on Currency and Finance
Posted in Economy Economy Schemes and Initiatives

Report on Currency and Finance

Recently, the Reserve Bank of India released its Report on Currency and Finance (RCF) for the year 2023-24, highlighting India’s role in the global digital revolution. 

Prompt Corrective Action
Posted in Economy Economy Schemes and Initiatives

Prompt Corrective Action

RBI issued Prompt Corrective Action (PCA) framework for Primary Urban Co-operative Banks (UCBs)

VATSALYA Scheme
Posted in Social Sector Economy Economy Schemes and Initiatives

VATSALYA Scheme

The Union Budget 2024-25 has proposed a new pension scheme named ‘Vatsalya’ for minors.

Employment Based Incentive Scheme | EPFO
Posted in Economy Economy Institutions Economy Schemes and Initiatives

Employment Based Incentive Scheme | EPFO

Finance Minister announced the implementation of 3 employment linked incentive schemes as part of the Budget 2024.

Economic Survey 2023-24
Posted in Economy Economy Schemes and Initiatives

Economic Survey 2023-24

Economic Survey projects 6.5 to 7 per cent real GDP growth in contrast to RBI estimates.

Emergency Credit Line Guarantee Scheme (ECLGS)
Posted in Economy Economy Schemes and Initiatives

Emergency Credit Line Guarantee Scheme (ECLGS)

Only 6% of total ₹3.68-lakh crore loans under ECLGS are bad debts

SCOMET List
Posted in Economy Economy Schemes and Initiatives

SCOMET List

Indian Security agencies have seized the consignment consisting of internationally banned chemical used for tear gas and riot control agents at a port in Tamil Nadu.

Digital Economy Report 2024
Posted in Economy Economy Schemes and Initiatives

Digital Economy Report 2024

Digital Economy Report 2024 Released by UN Trade and Development

Annual Survey of Unincorporated Sector Enterprises
Posted in Economy Economy Schemes and Initiatives Industry Sector

Annual Survey of Unincorporated Sector Enterprises

Annual Survey of Unincorporated Sector Enterprises (ASUSE) Results for 2021-22 and 2022-23 released by NSSO.

Project Nexus
Posted in Economy Economy Institutions Economy Schemes and Initiatives

Project Nexus

Reserve Bank of India (RBI) joins Project Nexus to enable instant cross-border retail payments.

Saubhagya Scheme
Posted in Economy Economy Schemes and Initiatives Energy and Infrastructure

Saubhagya Scheme

The Meghalaya government recently issued notifications for the alleged irregularities in the implementation of the Saubhagya scheme in the state.

Currency Swap Agreement
Posted in Economy Economy Concepts Economy Schemes and Initiatives

Currency Swap Agreement

RBI announces SAARC Currency Swap Framework for 2024-2027