Cabinet Approves 3% DA Hike for Central Government Employees and Pensioners: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a 3% hike in Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners. The hike, effective from October 1, 2025, will be added to the existing rate of 55% […]
Category: Economics Current Affairs
RBI Bi-Monthly Monetary Policy 2025
RBI Bi-Monthly Monetary Policy 2025: The Reserve Bank of India (RBI), under Governor Sanjay Malhotra, announced its Monetary Policy 2025 on keeping the repo rate unchanged at 5.5% and maintaining the policy stance as ‘Neutral’. The decision was unanimously taken by all MPC members.The RBI also revised its FY26 GDP growth estimate upwards to 6.8% […]
India’s bioeconomy has grown 16 times in the last decade
India’s bioeconomy has grown 16 times in the last decade: India’s bioeconomy has grown 16 times in the last decade (2014–2024), reaching $165.7 billion and accounting for 4.25% of GDP, but challenges of rural–urban disparity highlight the need for a landscape-driven green economy model.A green economy is an economic model that fosters sustainable development while […]
MoSPI Comprehensive Modular Survey: Education 2025
MoSPI Comprehensive Modular Survey: Education 2025: School dropout rates in India have halved in just two years, according to the MoSPI Comprehensive Modular Survey: Education 2025. It is Conducted by the Ministry of Statistics & Programme Implementation (MoSPI) during April–June 2025 as part of the 80th round of the National Sample Survey (NSS). Dropout decline: […]
Goods and Services Tax Appellate Tribunal
Goods and Services Tax Appellate Tribunal: The Union Minister for Finance and Corporate Affairs formally launched the Goods and Services Tax Appellate Tribunal (GSTAT) in New Delhi. Goods and Services Tax Appellate Tribunal is a statutory appellate body established under the Central Goods and Services Tax Act, 2017 (CGST Act). It hears various appeals under […]
Cabinet Approves ₹3,822 Crore NH-139W Highway Project in Bihar
Cabinet Approves ₹3,822 Crore NH-139W Highway Project in Bihar: Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the construction of a 4-lane greenfield highway on the Sahebganj–Areraj–Bettiah section of National Highway 139W (NH-139W) in Bihar. The project will be executed on the Hybrid Annuity Mode (HAM) and covers a total length […]
Government partners with Zepto to create Jobs
Government partners with Zepto to create Jobs: The Ministry of Labour and Employment has partnered with Zepto, a leading quick-commerce platform. A Memorandum of Understanding (MoU) was signed between the two parties in the presence of Union Minister Dr. Mansukh Mandaviya. This partnership is set to leverage the National Career Service (NCS) Portal, a government-backed […]
Jio Payments Bank Introduces “Savings Pro” Earn Up to 6.5%
Jio Payments Bank Introduces “Savings Pro” Earn Up to 6.5%: Jio Payments Bank has launched a new facility called Savings Pro, designed to help account holders earn significantly higher returns on funds that would otherwise lie idle. Rather than keeping surplus funds in a savings account earning minimal interest, Savings Pro allows users to set […]
Project Vijayak
Project Vijayak: The Project Vijayak of the Border Roads Organisation (BRO) celebrated its 15th Raising Day at Kargil, Ladakh. Project Vijayak was launched by the Border Roads Organisation in It drew its name from Operation Vijay, signifying the congruence between the Theatre of Battle and the Project Area of Responsibility. It was entrusted with the […]
State Finances Publication 2025 By CAG
State Finances Publication 2025 By CAG: The CAG’s State Finances Publication 2025 reported that states’ salary bills have risen 2.5x in 10 years to ₹16.6 lakh crore, while public debt has surged 3.4x to ₹59.6 lakh crore.It Is an annual publication by the Comptroller & Auditor General (CAG) assessing states’ finances, debt, revenue, and expenditure […]
