Category: Economy
Surety Bonds
Surety Insurance Bonds market – an alternative to bank guarantees in infrastructure projects — has failed to take off in the last three years due to technical and financial impediments.
Minimum Support Price (MSP)
Farmers of Punjab started a three-day ‘rail roko’ agitation to enact a Minimum Support Price (MSP) law for all crops based on the Swaminathan Commission report.
Smart Cities Mission and SDGs
Un-Habitat released “Smart Cities Mission, India: Localising Sustainable Development Goals” report which was prepared in collaboration with Ministry of Housing and Urban Affairs.
Current Account Deficit (CAD)
India’s current account deficit (CAD) widened to $9.2 billion (1.1% of GDP) in the April-June quarter, from $1.3 billion (0.2% of GDP).
Dr. M.S. Swaminathan
M.S. Swaminathan, the agricultural scientist known as the father of the Green Revolution in India passed away.
National Policy on Research and Development and Innovation in Pharma-MedTech
Ministry of Chemicals and Fertilizers recently launched National Policy on Research and Development and Innovation in Pharma-MedTech Sector in India (NPRDIP) and Scheme for Promotion of Research and Innovation in Pharma MedTech Sector (PRIP).
Kalanamak Rice
Context: Swati Nayak (scientist, International Rice Research Institute South Asia Regional Centre), known for her research on climate-resilient and nutritious…
Social Impact Bonds (SIBs)
National Bank for Agriculture and Rural Development has issued India’s first ‘AAA’ rated Indian Rupee denominated Social Bonds aggregating ₹1,040.50 crores
Remission of Duties and Taxes on Exported Products (RoDTEP) scheme
The government has extended support to outbound shipments by stretching the applicability of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for nine more months till June 30, 2024.
International Coffee Organization (ICO)
5th World Coffee Conference was inaugurated in India by ICO, in association with Coffee Board of India which is being held for the first time in an Asian coffee-producing country.
Angel Tax Mechanism
Finance Ministry has notified final rules outlining valuation methods for non-resident and resident investors under the new angel tax mechanism in the Finance Act 2023.
SARFAESI Act, 2002
RBI has asked Regulated Entities (REs) to display information regarding borrowers whose secured assets have been taken into possession under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.