Wholesale Price Index (WPI) For The Month Of June, 2021.: The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade has released the Wholesale Price Index (WPI) for the month of June, 2021. Wholesale Price- Inflation: Inflation in wholesale prices stayed high in June 2021 at 12.07% following the record high […]
Category: Economics Current Affairs
Retail Direct Gilt (RDG) Account
Retail Direct Gilt (RDG) Account: RBI announces RDG account for hassle-free trading in govt bonds for retail investors. The Reserve Bank of India (RBI) said that retail investors can open an account with the central bank to start trading in government bonds. The online portal for retail investors will provide access to the bond trading […]
National Archives Of India
National Archives Of India: Culture Minister G. Kishan Reddy said the National Archives’ records related to freedom fighters would be digitised within a year as a part of the commemoration of 75 years of Independence next year. The National Archives of India is an Attached Office under the Ministry of Culture. It was established in […]
IFSCA – International Trade Finance Services Platform
IFSCA: IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform (‘ITFS’). The International Financial Services Centres Authority (IFSCA) has been set up vide IFSCA Act, 2019 to develop and regulate the financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs). Towards this end, IFSCA […]
RBI Retail Direct Scheme
RBI’s Retail Direct Scheme: The Reserve Bank of India (RBI) announced the ‘RBI Retail Direct’ Scheme. In February 2021 RBI proposed to allow retail investors to open gilt accounts with the central bank to invest in Government securities (G-secs) directly. Under the scheme, retail investors (individuals) will have the facility to open and maintain the […]
Financial Action Task Force’s : Strategic Deficiencies
The Financial Action Task Force’s (FATF): The Financial Action Task Force’s (FATF) plenary session ended its five-day deliberation and put out the list of countries that it has identified to have “strategic deficiencies”. The Paris based UN watchdog that looks after issues like terrorism financing, money laundering and the flow of black money at the […]
India Industrial Land Bank
India Industrial Land Bank: The India Industrial Land Bank (IILB), a GIS-based portal, has seen a 30% increase in page views each month since April 2021. India Industrial Land Bank (IILB): Department for Promotion of Industry & Internal Trade (DPIIT) has developed IILB portal, a GIS-enabled database of industrial areas/clusters across the country to adopt […]
Five New Portals On Ayush Sector
Five New Portals On Ayush Sector: Five new portals on Ayush Sector have been launched – CTRI (Clinical Trial Registry of India), RMIS (Research Management Information System), SAHI (Showcase of Ayurveda Historical Imprints), AMAR (Ayush Manuscripts Advanced Repository), and e-Medha (electronic Medical Heritage Accession). New Portals: Clinical Trial Registry of India (CTRI): It is a […]
India Industrial Land Bank (IILB)
India Industrial Land Bank (IILB): It is a GIS-based portal with all industrial infrastructure-related information such as connectivity, infra, natural resources and terrain, plot-level information on vacant plots, line of activity, and contact details. It acts as a one-stop repository of all industrial infrastructure-related information. It serves as a decision support system for investors scouting […]
Authorised Economic Operators Programme:
Authorised Economic Operators Programme: The Central Board of Indirect Taxes & Customs (CBIC) has inaugurated the online filing of Authorised Economic Operators (AEO). The new version (V 2.0) of the web application is designed to ensure continuous real-time and digital monitoring of physically filed applications for timely intervention and expedience. Authorised Economic Operator (AEO) Programme: […]