Jadui Pitara: Jadui Pitara’ -a play-based learning-teaching material tailored for children between the age group of 3-8 years Developed under the National Curriculum Framework for Foundational Stage (part of the implementation of the New Education Policy 2020) Available in 13 Indian languages Includes playbooks, toys, puzzles, posters, flashcards, storybooks, and worksheets that reflect local culture […]
Category: Economics Current Affairs
Windfall Tax : Increased
Windfall Tax : Increased The Indian government has increased the windfall tax on domestically produced crude oil from Rs 3,250 per tonne to Rs 6,000 per tonne. A Windfall Tax is a type of tax that is levied on companies or individuals who have unexpectedly and/or dramatically gained large profits, often due to external factors […]
Revised Currency Swap Framework For SAARC
Revised Currency Swap Framework For SAARC: The Reserve Bank of India (RBI), has decided to put in place a revised framework for currency swap arrangements for SAARC (South Asian Association for Regional Cooperation) countries for the period 2024 to 2027. A currency swap agreement between two countries is a contract to exchange currencies with predetermined […]
India’s Forex Reserves : Update
India’s Forex Reserves : Update India’s forex kitty jumps by USD 816 mln to USD 653.71 bln India’s forex reserves witnessed an increase of USD 816 million, reaching USD 653.711 billion for the week ending June 21, according to the Reserve Bank of India (RBI). Components of Forex Reserves: Foreign Currency Assets (FCA): it is […]
Mutual Evaluation Report Of India
Mutual Evaluation Report Of India: The Mutual Evaluation Report of India, adopted at the FATF plenary in Singapore from June 26 to 28, places India in the “regular follow-up” category, a status shared by only four other G-20 countries. This distinction highlights India’s significant progress in combating money laundering (ML) and terrorist financing (TF). Financial […]
Interest Equalisation Scheme
Interest Equalisation Scheme: The Department of Commerce has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for Micro, Small and Medium-scale (MSME) exporters till August 31. Interest Equalisation Scheme was first implemented on 1st April 2015, to provide pre- and post-shipment export credit to exporters in rupees. It was initially valid […]
National Quality Assurance Standards (NQAS) Assessment
National Quality Assurance Standards (NQAS) Assessment: The Union Ministry of Health and Family Welfare launched the National Quality Assurance Standards (NQAS) assessment, Dashboard for IPHS and Spot Food Licence Initiative to provide “Healthcare for All” and promote wellness. National Quality Assurance Standards (NQAS) assessment has been launched for Ayushman Arogya Mandirs (AAM) and Integrated Public […]
Regulations On Financial Influencers
Regulations On Financial Influencers: SEBI has barred regulated entities from making claims about investment returns, aiming to protect investors from misleading information. The regulator has also tightened criteria for stocks in the F&O market, requiring them to meet specific market value and trading volume thresholds. Fin-fluencers are individuals who use public social media platforms to […]
External Debt To GDP Ratio
External Debt To GDP Ratio: The external debt to GDP ratio declined to 18.7% at the end of March 2024 from 19.0% at the end of March 2023. India’s external debt reached $663.8 billion by the end of March 2024, marking a 6% increase (approximately $39.7 billion) compared to March 2023. The external debt-to-GDP ratio […]
ULLAS-Nav Bharat Saaksharta Karyakram
ULLAS-Nav Bharat Saaksharta Karyakram: Ladakh has become the first administrative unit to achieve full functional literacy under the ULLAS-Nav Bharat Saaksharta Karyakram (New India Literacy Program). The Understanding Lifelong Learning for All in Society (ULLAS) is a centrally sponsored scheme implemented from 2022-2027. The scheme aligns with the recommendations of the National Education Policy (NEP) […]
