Category: Economics Current Affairs

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: 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’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 […]

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 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): 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: 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: […]

Authorised Economic Operators (AEO): The Central Board of Indirect Taxes & Customs (CBIC) has inaugurated the online filing of Authorised Economic Operators (AEO) applications. The web application is designed to ensure continuous real-time and digital monitoring of physically filed AEO applications for timely intervention and expedience. AbAEO is a programme (2007) under the aegis of […]

Open Network For Digital Commerce: The Department for Promotion of Industry and Internal Trade (DPIIT) has issued orders appointing an advisory committee for its Open Network for Digital Commerce (ONDC) project that is aimed at curbing “digital monopolies”. This is in the direction of making e-commerce processes open source, thus creating a platform that can […]