Page-162 of Economy & Banking Current Affairs

NPPA reduces Prices of 9 Non-Scheduled Cancer Drugs by 87%

The National Pharmaceutical Pricing Authority (NPPA) has reduced the prices of 9 non-scheduled cancer drugs by up to 87%. This decision is in continuation of nodal agency’s efforts to bring down drugs prices. Key Facts Reason: In February 2019, the government had capped about 42 cancer drugs at 30%. This new anti-cancer non-scheduled medicine list ..

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Nilekani Panel on Digital Payments submits report to RBI

The Reserve Bank of India (RBI) appointed committee on ‘suggestions on promoting digital payment’ has submitted its report to RBI Governor Shaktikanta Das. The committee was headed by Nandan Nilekani, also known as Aadhaar Architect. Key Highlights Background: In January 2019 RBI had set up a five-member panel headed by Nilekani, on deepening digital payments ..

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Bulletin: National Training Workshop for 7th Economic Census organized

A comprehensive training strategy called National Training Workshop of Master Trainers to impart training to trainers engaged in upcoming 7th Economic Census was held at Indian Habitat Center in the New Delhi. It was organized by Ministry of Statistics and Program Implementation (MoSPI). Key Highlights Objective: to impart training to Master trainers (enumerators and supervisors) ..

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RBI releases Vision Document (2019-2021) for e-Payment System

The Reserve Bank of India (RBI) has released a vision document to ensure a more convenient, affordable, quick, safer and secure e-payment system. The RBI’s vision document is titled ‘Payment And Settlement Systems In India: Vision 2019 – 2021’ Key Highlights about Vision Document Reason: The vision document is released on a pretext that as ..

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Sanjiv Puri appointed ITC’s New Chairman

ITC Group’s present Managing Director (MD) Sanjiv Puri was elevated as new Chairman and Managing Director of company. His appointment comes after noted industry leader and erstwhile ITC Chairman Yogi C. Deveshwar died on 11 May 2019. Background Y C Deveshwar (aged 72) had stepped down from ITC’s executive role in 2017 but remained non-executive ..

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