Category: Economy

Open Acreage Licensing Policy (OALP)
Ministry of Petroleum and Natural Gas initiated the 9th bidding round under Open Acreage Licensing Policy (OALP).

PLI Scheme for Automobile and Auto Component industry (PLI-Auto)
Production Linked Incentive (PLI) Scheme for Automobile and Auto Component industry (PLI-Auto) extended by one year.
Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)
Aadhaar-based payment system (ABPS) becomes mandatory for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) workers.
Pradhan Mantri Gram Sadak Yojana (PMGDY)
Parliamentary Standing Committee flags poor quality roads under Pradhan Mantri Gram Sadak Yojana (PMGSY).
Payments Infrastructure Development Fund (PIDF) Scheme
RBI extended Payments Infrastructure Development Fund (PIDF) Scheme till 2025.
International Year of Camelids
The United Nations has declared 2024 as the International Year of Camelids.
Near-Field Communication (NFC) technology | National Payments Corporation of India (NPCI)
For payment apps, NPCI began deployment of ‘UPI Tap and Pay’ facility which utilises near-field communication (NFC) technology.
Self-Regulatory Organisations (SROs)
RBI released a Draft Omnibus Framework for recognising Self-Regulatory Organisations (SROs) for its Regulated Entities (REs).
National Start-up Advisory Council (NSAC)
Central Government reconstituted National Start-up Advisory Council (NSAC).
Project Promoting Regular Assisted Migration for Youth and Skilled Professionals (Project PRAYAS)
International Organisation for Migration (IOM) launched Project Promoting Regular Assisted Migration for Youth and Skilled Professionals.
Raising & Accelerating MSME Performance (RAMP)
MSME Ministry launched 3 sub-schemes under RAMP programme.
National Geoscience Data Repository (NGDR) Portal
Union Ministry of Mines is to launch the National Geoscience Data Repository (NGDR) Portal.