Index Of Eight Core Industries (ICI) For The Month Of April 2021.: The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index of Eight Core Industries (ICI) for the Month of April 2021. ICI measures combined and individual performance of production in selected eight core industries viz. Coal, […]
Category: Economics Current Affairs
Centre Extends Powers Related To Citizenship Application
Centre Extends Powers Related To Citizenship Application: The Central Government issued a notification granting powers related to citizenship applications under existing rules to authorities of five states. The order has been issued under the Citizenship Act, 1955 and the Citizenship Rules, 2009 and not under the Citizenship Amendment Act, 2019 since its rules have not […]
The Economic Community of West African States (ECOWAS)
The Economic Community of West African States (ECOWAS): The Economic Community of West African States (ECOWAS) is attempting to mediate to solve the crisis in Mali. Since 1960, when Mali gained independence from France, there have been five coups — and only one peaceful transition from one democratically elected president to another. Recent coup: Nine […]
Emergency Credit Line Guarantee Scheme
Emergency Credit Line Guarantee Scheme: On account of the disruptions caused by the second wave of COVID 19 pandemic to businesses across various sectors of the economy, Government has further enlarged the scope of Emergency Credit Line Guarantee Scheme as under. ECLGS 4.0: 100% guarantee cover to loans up to Rs.2 crore to hospitals/nursing homes/clinics/medical […]
43rd GST Council Meeting 2021 : Important Points
The 43rd GST Council: The 43rd GST Council met under the Chairmanship of the Union Finance Minister. The GST Council has made the following recommendations: As a COVID-19 relief measure, a number of specified COVID-19 related goods such as medical oxygen, oxygen concentrators, and other oxygen storage and transportation equipment, certain diagnostic markers test kits […]
Ayush Clinical Repository (ACCR) portal
Ayush Clinical Repository (ACCR) portal: Union Minister for Ayush Kiren Rijiju will launch the Ayush Clinical Case Repository (ACCR) portal and the third version of Ayush Sanjivani App on MAY 27, 2021. Ayush Clinical Repository (ACCR) portal: The Ayush Clinical Repository (ACCR) portal (https://accr.ayush.gov.in/) will serve as a platform to support both Ayush practitioners and […]
New Rules For Increased FDI In Insurance Sector
New Rules For Increased FDI In Insurance Sector: The Ministry of Finance amended Indian Insurance Companies (Foreign Investment) Rules, 2015, and clarified the final rules for increased FDI (Foreign Direct Investment) in the Insurance Sector. Parliament had passed the Insurance Amendment Bill 2021 to increase the FDI limit in the insurance sector to 74% […]
Pension Fund Regulatory and Development Authority
The Pension Fund Regulatory and Development Authority: The Pension Fund Regulatory and Development Authority (PFRDA) crossed the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. Pension Fund Regulatory and Development Authority (PFRDA) is the statutory […]
Institute Of Cost Accountants Of India (ICoAl) And Institute Of Company Secretaries Of India (ICSI)
Institute Of Cost Accountants Of India (ICoAl) And Institute Of Company Secretaries Of India (ICSI): The Union Cabinet has granted ex-post facto approval to the MoUs entered into by the Institute of Cost Accountants of India (ICoAl) and Institute of Company Secretaries of India (ICSI) with various Foreign Countries/Organisations. The Institute of Cost Accountants of […]
MCA 21 Version 3.0: Digital Corporate Compliance Portal
MCA 21 Version 3.0: Digital Corporate Compliance Portal: The government launched the first phase of the latest update to its digital corporate compliance portal, Ministry of Corporate Affairs (MCA) 21 Version 3.0. It will help in improving the Ease of Doing Business in India. India ranked 63rd out of 190 countries in Ease Doing Business […]
