Category: Economy
Standing Committee on Statistics (SCoS)
Ministry of Statistics and Programme Implementation (MoSPI) has replaced the Standing Committee on Economic Statistics (SCES) with SCoS.
Lambani Embroidery and GI Tag
Lambani embroidery, a traditional craft from Karnataka, receives recognition and protection through the Geographical Indication (GI) tag.
Pradhan Mantri Matsya Sampada Yojana (PMMSY)
Mobile App developed under Pradhan Mantri Matsya Sampada Yojana for quick reporting of Fish Diseases and timely scientific advice to aqua-farmers.
Asian Infrastructure Investment Bank (AIIB)
AIIB has concluded an internal review, which revealed no evidence of undue influence on the institution’s decision-making process.
PM Gati Shakti
Government to share data on multi-modal connectivity and other infrastructure through the PM Gati Shakti platform with industry and potential investors.

Non-Performing Assets (NPA)
Finance Minister urged public sector banks to ensure the fair and transparent identification of non-performing assets (NPAs).

Friend-shoring and FDI
Finance Minister cited that Friend shoring of FDI is leading to a fragmentation in FDI flows across the globe.
Dark Patterns
Department of Consumer Affairs and Advertising Standards Council of India (ASCI) recently came up with guidelines for ‘dark patterns’.
Internationalisation of the rupee & Triffin Dilemma
RBI-appointed working group recommended various measures to accelerate the pace of internationalisation of the rupee.
Inland Waterways
Foundation stone laid for Inland Waterways Transport (IWT) terminal to be developed at Bogibeel (Dibrugarh).

Purchasing Managers’ Index (PMI)
Manufacturing growth eased in June as per S&P Global India Manufacturing Purchasing Managers’ Index (PMI) when compared to May 2023.
Debt-to-GDP ratio and SDR
Data released by the Reserve Bank of India shows that India’s external debt at end-March 2023 rose to $624.7 billion from the year-earlier period but the external debt-to-GDP ratio slid to 18.9% at end-March from 20% a year earlier.