Page-51 of Economy & Banking Current Affairs

German Chancellor Olaz Scholz visits India

February 25, 2023

The Inter-Governmental Consultation mechanism was established between India and Germany in 2011. After IGC, this is the first visit of a German Chancellor to India. Also, this was the first visit of Olaz Scholz as a chancellor. He visited India ..

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FSSAI Millet Standards

February 25, 2023

The Government of India has been working hard to push millet production in the country. Upon India’s insistence, the United Nations declared 2023 as the International Millet Year. Following this, India introduced an international brand name for millet “SHREE ANNA ..

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Pakistan receives $700 million from China

February 25, 2023

The foreign exchange reserves of Pakistan fell to 2.9 billion USD. It is now slowly rising to 4 billion USD. The cash injection was the need of the moment for Pakistan. And China stepped in offering 700 million USD to ..

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IMF Nine Point Crypto Action Plan

February 24, 2023

The International Monetary Fund recently unveiled a Crypto Action plan to safeguard monetary sovereignty in the world. The action plan will help countries to frame their crypto policies. The following are the nine points: Details how a country should treat ..

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Odisha Budget 2023-24

February 24, 2023

The Odisha State Finance Minister Niranjan Pujari presented a budget of Rs 2.3 lakh crores in the assembly. According to the minister, Odisha is one of the few states in the county to become revenue surplus in 2023-24. The Government ..

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Gujarat Budget 2023-24

February 24, 2023

The Finance Minister of Gujarat Kanubhai Desai presented a State Budget of Rs 3.01 lakh crores recently in the legislative assembly. This is 23% higher than the previous year’s budget. No new taxes were introduced, Several schemes were announced during ..

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Onion Shortage threatens the world

February 24, 2023

Onion shortages are increasing all over the world. From Morocco to the Philippines, the governments are protecting their onion supplies. Morocco, Turkey, and Kazakhstan have stopped exporting onions due to their increasing demand and soaring prices in their homeland. Why ..

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Haryana Budget 2023-24

February 23, 2023

The Chief Minister of Haryana Lal Khattar presented the state budget for the year 2023-24. No new taxes were introduced in the budget. The state government is to focus on rural welfare, healthcare, environment, and education sectors in the year ..

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Innovative Extension Approaches for Revitalising Agriculture in J&K

February 23, 2023

The Government of India recently issued an order to boost sustainable agriculture in Jammu and Kashmir. According to the order, a project called “Innovative Extension Approaches for Revitalising Agriculture in J&K” will be implemented in the Union Territory. The project ..

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Mandatory Certification for Cotton Quality

February 23, 2023

The Minister of Textiles Shri Piyush Goyal recently headed the Textile Advisory Group meeting. During the meeting, the issues in the cotton value chain were discussed. After the discussion, the minister issued a Quality Control Order. The order reads that ..

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