Page-64 of Economy & Banking Current Affairs

Jharkhand’s First Survey of Migrants

January 28, 2023

Around 8.5 lakh migrants returned to their home state, Jharkhand, during the COVID crisis. To help these migrants with a good livelihood, the State Government of Jharkhand started the State and Responsible Migration Initiative in 2021. Creating a robust database ..

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Shipping Ministry Marine Logistics Portal

January 28, 2023

The Government of India launched the PM Gati Shakti National Master Plan to increase the execution time of infrastructure projects in India. To achieve this in the shipping industry, the ministry recently launched the Marine Logistics Portal. The portal will ..

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T+1 Settlement Cycle

January 27, 2023

When an investor is buying or selling shares he uses Depository organizations. There are two depository organizations in India. They are NSDL and CDSL. The investors shall buy or sell their shares through these organizations. A bank acts as an ..

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Tax – Paid Green Bond Issuance

January 27, 2023

The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in ..

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Stressed Assets Securitisation Framework

January 27, 2023

The Non – Performing assets, written–off assets, and restructured loans are grouped together as Stressed Assets. In simple words, there is no profitable revenue from these assets. Liquidating stressed assets are highly challenging. To make the sale process of these ..

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India and Egypt declare Strategic Partnership

January 26, 2023

The Egyptian President Sisi is the Chief Guest of the 2023 Republic Day celebrations of India. During his visit, he met PM Modi, and the leaders discussed on boosting the business ties between the countries. With the trade between the ..

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India’s Estimates of Millet Procurement

January 26, 2023

The Government of India is expecting the millet production to increase to forty to fifty lakh tonnes in the next few years. In 2023, the millet production in the country is around six to seven lakh tonnes. According to the ..

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APEDA to use River Names for Branding

January 26, 2023

The Government of India has been trying to increase its agricultural exports by exhibiting agricultural and processed food products in foreign countries. APEDA was a pioneer in realizing this vision. The active role of APEDA increased agricultural exports to 25.6 ..

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She Feeds the World Programme

January 26, 2023

CARE is an international organization fighting against poverty. Frito-Lay, Pepsi, and Cola companies merged together and formed Pepsico in 1965. Today Pepsico is a food and beverage company with leading products such as Quaker, Lays, Pepsi, Cola, etc. The philanthropic ..

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Competition (Amendment) Bill

January 26, 2023

The Competition Act aims to promote healthy competition in India. The main intention of the act is to avoid monopoly. Take Facebook for instance. Some economists are of the opinion that Facebook exhibits a monopoly. Meaning, it wants to rule ..

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