NAVYA Programme: The Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE) informed the Lok Sabha about the NAVYA Programme. The NAVYA (Nurturing Aspirations through Vocational training for Young Adolescent Girls) was launched in 2025. It aims to empower adolescent girls (AGs) aged 16–18 years in aspirational districts by equipping them with […]
Category: Economics Current Affairs
Merchant Discount Rate
Merchant Discount Rate: The Govt recently said the proposed merchant discount rate (MDR) for UPI transactions will be nominal and apply only to a limited set of merchants for transactions above a threshold. Merchant Discount Rate (MDR) is the fee charged to a merchant for accepting a digital payment. When a customer pays a business […]
What is the Care Economy?
What is the Care Economy? NITI Aayog has released the report “Reimagining Care: Strategies for Empowering Caregivers in Viksit Bharat@2047”, proposing a roadmap to build a professional, inclusive, and future-ready caregiving ecosystem while positioning India as a global hub for skilled caregivers. NITI Aayog’s “Reimagining Care” report proposes a comprehensive roadmap to professionalise India’s caregiving […]
Licensing Urban Cooperative Banks
Licensing Urban Cooperative Banks: Reserve Bank of India (RBI) Governor announced that the central bank will soon issue draft guidelines for the resumption of on-tap licensing of Urban Cooperative Banks (UCBs).Licensing Urban Cooperative Banks (UCBs) refers to the regulatory authorization granted by the Reserve Bank of India under Section 22 (read with Section 56) of […]
Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026
Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026: Parliament passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, after its approval by the Rajya Sabha. The MSME Development (Amendment) Bill, 2026 amends the Micro, Small and Medium Enterprises Development Act, 2006 to improve the business environment for MSMEs through faster payments, streamlined […]
India’s Private Capex Revival
India’s Private Capex Revival: India’s private sector capital expenditure (Capex), often regarded as the missing pillar of the country’s post-pandemic growth story, is witnessing a strong revival. Reserve Bank of India (RBI) data showing industrial credit growth of 19.2% year-on-year (YoY) in June 2026, up from 6.3% a year earlier, signals a transition from public […]
Scheme of Venture Capital Fund for Scheduled Castes
Scheme of Venture Capital Fund for Scheduled Castes: The Scheme of Venture Capital Fund for Scheduled Castes is enabling Scheduled Caste entrepreneurs to establish technology-driven manufacturing enterprises, generate quality employment and contribute to India’s vision of self-reliance. It was launched in 2014-15 by the Ministry of Social Justice and Empowerment. Purpose is to provide concessional […]
Bank of Baroda Data Breach on Dark Web
Bank of Baroda Data Breach on Dark Web: Public sector lender Bank of Baroda (BoB) has initiated a forensic investigation following an alleged data breach that reportedly leaked around 1 TB of customer-related data onto the dark web, raising fresh concerns over cybersecurity in the banking sector. The bank stated that its core banking systems […]
National Film Development Corporation of India
National Film Development Corporation of India: The National Film Development Corporation has officially opened entries for the 57th International Film Festival of India (IFFI) scheduled to take place in Goa from November 20 to 28, 2026. It is a specialised organization set up by the Government of India to promote the growth and development of […]
Central Reserve Police Force
Central Reserve Police Force: The Lok Sabha Speaker extended greetings to all the soldiers, officers, and their families on the Foundation Day of the Central Reserve Police Force (CRPF). It is a premier central police force of the Union of India, entrusted with the critical task of maintaining internal security. It functions under the authority […]
