Miniratna Category-I status to MECON Limited: The Ministry of Steel has approved the elevation of MECON Limited to Miniratna Category-I status from its previous Category-II standing.MECON Limited (formerly known as Metallurgical & Engineering Consultants Limited) is India’s frontline, frontline multi-disciplinary design, engineering, consultancy, and contracting organization under the administrative control of the Ministry of Steel, […]
Category: Economics Current Affairs
Academic Bank of Credits
Academic Bank of Credits: The Academic Bank of Credits (ABC) and the Automated Permanent Academic Account Registry (APAAR) are building a trusted digital ecosystem for academic records, making education more flexible, transparent, and accessible for every learner. It is a revolutionary digital platform by the Ministry of Education, Government of India. It is regulated by […]
The Centralised IT-Enabled System (CITES) Project
The Centralised IT-Enabled System (CITES) Project: The Employees’ Provident Fund Organisation (EPFO) recently carried out a planned nationwide database consolidation under its Centralised IT-Enabled System (CITES) project. The Centralised IT-Enabled System (CITES) Project is a sweeping technological and structural modernisation of the EPFO’s service delivery architecture. It replaces a legacy, decentralised, and heavily fragmented system […]
RBI Scam Compensation Framework
RBI Scam Compensation Framework: The Reserve Bank of India (RBI) has issued final amendments to its Limiting Customer Liability in Digital Transactions framework. Effective January 1, 2027, the one-year pilot expands protection against social engineering scams and introduces monetary compensation for victims of small-value digital fraud. The framework is a regulatory financial safety net designed […]
National Investment and Infrastructure Fund (NIIF)
National Investment and Infrastructure Fund (NIIF): The Union Cabinet recently approved an additional Government of India’s investment commitment of Rs. 30,000 crore towards new and upcoming funds of the National Investment and Infrastructure Fund. National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the […]
Kisan Sarathi Platform
Kisan Sarathi Platform: Kisan Sarathi platform represents a significant step in the digital transformation of India’s agricultural extension system which is providing information about 610 schemes to farmers. Kisan Sarathi Platform is India’s largest integrated digital agro-advisory platform launched in 2021. It provides timely, authentic, and multilingual advisories to farmers. Farmers also get access to […]
Prime Minister Released 23rd Instalment of PM-KISAN
Prime Minister Released 23rd Instalment of PM-KISAN: The Prime Minister released over ₹18,880 crore as the 23rd instalment of PM-KISAN in West Bengal. Nearly 9.44 crore eligible farmers, including more than 2.18 crore women farmers, received assistance through the Direct Benefit Transfer (DBT) system under the PM KISAN Utsav Diwas. PM-KISAN is a Central Sector […]
NAFED’s digital auction portal ‘NAFEX.in’
NAFED’s digital auction portal ‘NAFEX.in’: Union Home Minister will launch NAFED’s digital auction portal ‘NAFEX.in’ in New Delhi to modernize agricultural auctions and improve transparency in cooperative marketing.NAFEX.in is a digital agricultural auction platform developed by the National Agricultural Cooperative Marketing Federation of India (NAFED).It provides an online, transparent, and technology-driven mechanism for conducting auctions […]
Financial Action Task Force
Financial Action Task Force: India has been elected to the Vice-Presidency of the Financial Action Task Force (FATF) for the first time. Financial Action Task Force is an independent intergovernmental body that develops and promotes policies to protect the global financial system against money laundering and terrorist financing. It was established in 1989 during the […]
Turquoise Nexus Initiative
Turquoise Nexus Initiative: Turkey’s Presidency of 2026 UNFCCC COP31 and Food and Agriculture Organization (FAO) have introduced the Turquoise Nexus Initiative (TNI). Turquoise Nexus Initiative is aimed at integrating food security, water management and climate adaptation into national climate plans. It is unveiled by Turkey’s upcoming COP31 Presidency and Food and Agriculture Organization. It will […]
