Category: Economics Current Affairs

G-Sec Acquisition Programme (GSAP): The Reserve Bank of India (RBI) is halting its bond buying under the G-Sec Acquisition Programme (GSAP) for now. It said that the measure had succeeded in ensuring adequate liquidity and stabilising financial markets. Coupled with other liquidity measures, it facilitated congenial and orderly financing conditions and a conducive environment for […]

Monetary Policy Report: RBI The Reserve Bank of India (RBI) has released the Monetary Policy Report (MPR) for the month of October 2021. It kept the policy rate unchanged for the Eighth time in a row maintaining an accommodative stance till the recovery is durable. Unchanged Policy Rates: Repo Rate – 4%. Reverse Repo Rate […]

World Bank GDP Projection For India: According to the World Bank, India’s economy, South Asia’s largest, is expected to grow by 8.3% in the fiscal year 2021-22. The South Asia economic focus report projects the region to grow by 7.1% in 2021 and 2022. It is a biannual economic update presenting recent economic developments and […]

Cyber Security In Power Sector: Ministry of Power has released guidelines for the Cyber Security in Power Sector. Central Electricity Authority (CEA) under the provision of Section 3(10) on Cyber Security in the “Central Electricity Authority (Technical Standards for Connectivity to the Grid) (Amendment) Regulations, 2019” has framed Guideline on Cyber Security in Power Sector […]

High Ambition Coalition For Nature And People:   At a ceremony held between the French and Indian governments on 7th October in New Delhi, India officially joined the High Ambition Coalition for Nature and People, a group of more than 70 countries encouraging the adoption of the global goal to protect 30×30. HAC members currently […]

Application Ecosystem For Integration Of Procurement Portals: The Department of Food and Public Distribution has developed an application ecosystem for integration of procurement portals of all state governments. The Application Ecosystem will allow the integration of procurement portals of all state governments having Minimum Threshold Parameters (MTPs) for monitoring and strategic decision making. The introduction […]

What Is Interpol? The Interpol has launched an online campaign to apprise people of major cyberthreats to help them protect their computer systems, networks and personal information from cybercriminals. The three-week campaign, from October 4 to 22, would be run primarily through social media. Objective of the campaign: With cyber threats becoming increasingly sophisticated, in […]

PM MITRA Parks: To position India strongly on the Global textiles map, the Government of India has approved the setting up of 7 PM MITRA parks as announced in Union Budget for 2021-22. PM MITRA is inspired by the 5F vision of Prime Minister Modi. The ‘5F’ Formula encompasses – Farm to fibre; fibre to […]

Tax Inspectors Without Borders (TIWB): Tax Inspectors Without Borders (TIWB), a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), launched its programme in Seychelles on 4th October, 2021. India was chosen as the Partner Administration and has provided Tax Expert for this programme. This programme […]

Ministry Of Coal Finalises Agenda Document For 2021- 22: The Ministry of Coal has finalized an Agenda Document for the year 2021-22 which broadly focuses on the four areas of : Coal Sector Reforms Coal Transition and Sustainability Institution Building Futuristic Agenda. The Agenda covers the entire gamut of areas for steering the Coal Sector […]