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Sustainable Finance

Sustainable Finance: A Committee on Sustainable Finance, constituted by International Financial Services Centres Authority (IFSCA) submitted its report on Sustainable Finance suggesting development of the carbon market among others. Sustainable finance is defined as investment decisions that take into account the environmental, social, and governance (ESG) factors of an economic activity or project. Environmental factors […]


E-Rupee: The Reserve Bank of India (RBI) will soon commence pilot launches of Central Bank Digital Currency (CBDC), referred to as Digital Rupee (e₹), for specific use cases. The RBI in its concept note detailed various aspects including the technological measures to operationalise its electronic currency, its underlying digital infrastructure and various technological options the […]

Credit Guarantee Scheme For Startups (CGSS)

Credit Guarantee Scheme For Startups (CGSS): The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the establishment of the Credit Guarantee Scheme for Startups (CGSS). CGSS is aimed at providing credit guarantee up to a specified limit against loans extended by Member Institutions (MIs) to finance eligible […]

National Mobile Monitoring System

National Mobile Monitoring System: The usage of the National Mobile Monitoring System (NMMS) is 50% or less in many states even after the Union government’s order making it mandatory to record attendance of Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). National Mobile Monitoring Software (NMMS) App was launched by the Minister of Rural Development […]