Category: Economics Current Affairs

Passport To Earning (P2E) Initiative: UNICEF’s global learning-to-earning solution, Passport to Earning (P2E), has skilled and certified more than one million young people in India in areas of financial literacy and digital productivity. Aligned with the National Education Policy (NEP) 2020, the P2E program offers free access to certificate courses in digital productivity, financial literacy, […]

Poorvottar Sampark Setu Portal: The Union Ministry of Development of North-East Region virtually launched “MDoNER Data Analytics Dashboard” and “Poorvottar Sampark Setu” portal at Vigyan Bhawan, New Delhi. It is a powerful tool designed to streamline and enhance monitoring of Fortnightly visits of Union Ministers to NER. Features: The dashboard provides valuable insights and graphical […]

Resilient And Inclusive Supply-Chain Enhancement (RISE) Initiative : World Bank And Japan The World Bank and Japan, have launched the Resilient and Inclusive Supply-chain Enhancement (RISE) initiative in Morocco. This initiative is designed to tackle the dual challenges of job creation and climate change by aiding emerging markets and developing countries in expanding their clean-energy […]

One CGIAR Global Initiative: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) joined the One Consultative Group on International Agricultural Research (CGIAR) global initiative. One CGIAR global initiative aims to build a unified approach to transforming food, land, and water systems to address the challenges posed by climate crisis. This initiative involves the […]

Bima Vahak : IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the guidelines for the women-centric insurance distribution channel called “Bima Vahak” will become effective upon the launch of “Bima Vistaar,” an all-in-one standard insurance product currently under development. The primary objective of Bima Vahak is to establish a dedicated […]

Mera Yuva Bharat : Approved The Union Cabinet, chaired by the Prime Minister of India has approved the establishment of an autonomous body Mera Yuva Bharat (MY Bharat). Mera Yuva Bharat is an autonomous body will benefit the youth in the age group of 15-29 years, in line with the definition of ‘Youth’ in the […]

Monetary Policy Committee Decisions: RBI Reserve Bank of India (RBI) in its bimonthly Monetary Policy Committee (MPC) Meeting has retained benchmark interest rates unchanged for the 4th time in a row. The MPC kept the policy Repo Rate Unchanged at 6.50%. Key Highlights of the MPC Meeting: The RBI decided unanimously to keep the policy […]

52nd GST Council Meeting: Recommendations The 52nd GST Council Meeting made several important recommendations: Amendments in Appointment of GST Appellate Tribunals – in the conditions for appointing the President and Members of the proposed GST Appellate Tribunals. GST Rates for Millet Flour: GST rates for food preparation of millet flour in powder form, containing at […]

Key Highlights Of The RBI Draft: Reserve Bank of India (RBI) in a recent draft proposed that lenders should classify a borrower as a wilful defaulter within six months of their account being declared a non-performing asset (NPA). Under the new regime, the lender must identify wilful defaulter borrowers within a specified six-month timeframe, whereas […]