Page-75 of Economy & Banking Current Affairs

Poverty and Shared Prosperity Report 2022

October 8, 2022

The World Bank’s report titled “Poverty and Shared Prosperity 2022: Correcting Course” provides the first comprehensive assessment of the COVID-19 pandemic’s impact on poverty in developing countries. Key findings The report projected that the world is unlikely to end the ..

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IFC’s Global Food Security Platform

October 8, 2022

International Finance Corp. (IFC) has launched Global Food Security Platform to strengthen the private sector’s ability to respond to food crisis and boost food production. Key facts The World Bank’s private sector arm, IFC, launched the Global Food Security Platform ..

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World Bank’s GDP projection for India

October 7, 2022

The World Bank had recently downgraded India’s real GDP growth forecast for the Financial Year 2023 (2022-23). Key facts In its latest South Asia Economic Focus Update, the World Bank had slashed India’s real GDP growth forecast from the earlier ..

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SIDBI – D&B SPeX

October 7, 2022

Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet have recently inked a Memorandum of Understanding (MoU) to create the SIDBI-D&D Sustainability Perception Index (SIDBI – D&B SPeX). Key facts The SIDBI – D&B SPeX will be released ..

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BharatSkills Forum

October 7, 2022

BharatSkills Forum is a new feature of the Bharatskills learning platform. Key facts The BharatSkills Forum, which was added to the Bharatskills learning platform, enables sharing of books, videos, question banks, handwritten trainers’ and trainees’ notes, PDFs, scanned copies etc., ..

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Ministerial dialogue of USISCEP

October 6, 2022

Ministerial dialogue of US-India Strategic Clean Energy Partnership (USISCEP) will be held in the United States from October 7 to 11 this year. Key facts The Ministerial Dialogue will be co-chaired by Union Minister of Petroleum and Natural Gas and ..

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herSTART Initiative

October 5, 2022

herSTART was recently launched by President of India, Draupadi Murmu. Key facts herSTART is an initiative implemented by the Gujarat University Startup and Entrepreneurship Council (GUSEC). It is supported by the state government of Gujarat, the Central Government and the ..

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UK scraps tax cut for wealthy

October 4, 2022

In a policy reversal, the UK Prime Minister has scrapped the tax cut for the wealthy. This controversial tax cut had notably sparked market turmoil and caused the Pound to plunge to record low values. Key facts On September 23, ..

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UNCTAD annual trade and development report

October 4, 2022

The UNCTAD has released its annual Trade and Development Report 2022. Key facts The UN report expects the world economy to grow 2.6% in 2022. This is 0.9 percentage points below last year’s projected rate. The growth is expected to ..

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IARI Basmati Varieties

October 3, 2022

The IARI has organized Kisan Sampark Yatra from September 27 to 29 this year to get feedback on the 3 new varieties of IARI Basmati varieties. Key facts The Indian Agricultural Research Institute (IARI) sought feedback on the 3 new ..

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