Page-122 of Economy & Banking Current Affairs

Online Storage Management (OSM) System

January 25, 2022

Central government is set to roll out a digital system called “Online Storage Management (OSM)” from April 1, 2022 in a bid to bring in operational efficiency in storage, movement and distribution of food grains under Targeted Public Distribution System ..

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India: Largest exporter of Cucumber and Gherkins

January 25, 2022

India emerged as the ‘Pickle King of The World’, in a recent development. Highlights India crossed the exports if worth USD 200 million of agricultural processed product, pickling gherkins, cucumber or cornichons, in the financial year 2020-2021. With this, India ..

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Koyla Darpan Portal

January 25, 2022

On January 21, 2022, government launched a portal called “Koyla Darpan” for sharing Key Performance Indicators (KPIs) related to the Coal Sector. Key Facts Koyla Darpan portal was inaugurated by Coal Secretary Dr Anil Kumar Jain. Portal has been following KPIs, as ..

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ICE 360 Survey-Highlights

January 24, 2022

Ice 360 survey is conducted by PRICE. PRICE is People’s Research on India’s Consumer Economy. The survey collects house hold income, financial details, expenditures, occupation, quality of living, etc. Key findings The house hold income of the rich people increased ..

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Banking on electric Vehicles in India Report

January 24, 2022

The NITI Aayog has suggested including electric vehicles in the priority sector of lending guidelines of RBI. This will give a push to retail lending of electric vehicles. According to the report released by NITI Aayog, the financing market size ..

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Adi Badri Dam

January 24, 2022

On January 21, 2022, governments of Haryana and Himachal Pradesh signed an agreement to build a dam at Adi Badri in Yamunanagar district. About Adi Badri Dam The Dam will rejuvenate the mythical Saraswati River. It is situated in Haryana ..

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Mangaluru Plastic Park

January 23, 2022

The Central Government recently approved to build a plastic park at Ganjimutt, Managaluru, Karnataka. The park will be created at Rs 62.77 crores. It is to be built by the Karnataka Industrial Areas Development Board (KIADB) land. Fund allocation Of ..

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AIIB: Investment in Asia’s Data Infrastructure

January 22, 2022

The Asian Infrastructure Investment Bank (AIIB) is set to invest $150 million in the development of data centers to mostly serve emerging Asia. Highlights AIIB will channelise funds through the Keppel Data Centre Fund II (KDCF II), which is a ..

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RBI Special Repo Auction

January 21, 2022

Reserve Bank of India (RBI) conducted a variable rate repo operation on January 20, 2022 for infusing liquidity, instead of using variable rate reverse repo operations (VRRR) to suck out cash. Highlights This measure was taken because larger goods and ..

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Extension of National Commission for Safai Karamcharis

January 21, 2022

The Union Cabinet recently extended the National Commission for Safai Karamcharis for three more years. The current tenure of the commission ends in March 2022. The commission has been extended for three years after this. The extension is being made ..

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