Page-62 of Economy & Banking Current Affairs

PM-PRANAM Scheme

The government has declared green growth as one of its major priorities for the 2023-24 financial year. In its effort to make India a cleaner and greener nation, the government has allocated Rs 5,172 lakh crores for the Faster Adoption ..

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Agriculture Accelerator Fund

There are more than two thousand agriculture startups in the country. The Government of India is trying to increase this number to ten thousand. Agriculture is the Backbone of the Indian Economy contributing 53.89% GVA of India. In Union Budget ..

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Union Budget 2023-24 Highlights

The Finance Minister Smt Nirmala Sitaraman presented the Union Budget 2023-24. The budget was presented based on seven priorities namely Inclusive development, Infrastructure and Investment, youth power, unleashing the potential, green growth, financial sector, and reaching the last mile. It ..

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GST Collection in January

The GST collection has been increasing in recent times. The three main reasons for the hike in GST collection are decisions made by GST Council, changes made in tax collection, and rising inflation. The highest GST Collection was achieved in ..

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Economic Survey: Health Expenditure at 2.1% of GDP in FY23

Health Expenditure has been a major concern for the government since the COVID pandemic. As the pandemic started reducing, the governments were burdened heavily to focus on the lost track of other disease elimination programs. For instance, the cases of ..

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Economic Survey 2022-23: Highlights

Economic Survey is presented a day before the Budget session. Finance Ministry prepares the survey. The survey says that in 2024, India’s GDP will be in the range of 6% to 6.8%. Public digital platforms played a major role in ..

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Recent Wave of Tech Layoffs

Layoff means removing employees from jobs. Dismissing due to a decrease in profits. When the profit of a company is not sufficient to pay all its employees, it Lays OFF. Recently, IBM (International Business Corporation), one of the largest tech ..

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IMF 4.7 billion USD support program for Bangladesh

The Bangladesh Government has been facing several macroeconomic issues. The country holds a huge current account deficit. The value of the Taka, the currency of Bangladesh has been declining. Foreign Exchange reserves of the country have been decreasing. To help ..

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UK to be country Partner for BioAsia 2023

Hyderabad is the Cybercity of India. The Genome Valley, the first world-class Biotech cluster in India was established in the cyber city. Today, the State Government of Telangana, along with the Union Government, and several other international organizations organize the ..

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What is Economic survey 2023?

The report detailing the financial status of the country is called Economic Survey. The survey is released by the Finance Ministry and submitted by the Finance Minister to the Parliament. The finance minister submits the survey report after the President’s ..

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