Page-42 of Current Affairs - March, 2019

Cabinet approves setting up of SPV for disinvestment of Air India

The Union Cabinet headed by Prime Minister Narendra Modi has given ex-post facto approval for the creation of the Special Purpose Vehicle (SPV) and associated activities for the disinvestment of Air India and its subsidiaries/JV. Air India Assets Holding Ltd. ..

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CSO Data on Q3 GDP

The Central Statistical Office (CSO) has released the data about the GDP for the third quarter. The important facts from the data are: Indian economy decelerated at a faster pace than anticipated in the third quarter of 2018-19 to 6.6%. ..

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IRCTC launches payment aggregator IRCTC iPay

Indian Railway Catering and Tourism Corporation (IRCTC) has launched its own payment aggregator system, IRCTC iPay. This a step towards promoting the government’s Digital India initiative. IRCTC iPay IRCTC iPay is a prepaid card cum wallet. With IRCTC iPay IRCTC ..

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EASE Index Report

The BCG-IBA report EASE Reforms for Public Sector Banks measures the performance of each PSB on 140 objective metrics across 6 themes. The 6 themes are: Customer Responsiveness: EASE for customer comfort Responsible Banking: Financial stability, governance for ensuring outcomes, ..

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CCEA approves Pradhan Mantri JI-VAN Yojana

The Cabinet Committee on Economic Affairs has approved the “Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana” under the Ministry of Petroleum & Natural Gas to provide financial support to Integrated Bioethanol Projects using lignocellulosic biomass and ..

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CCEA Approves Phase 2 of FAME Scheme

The Cabinet Committee on Economic Affairs (CCEA) has approved Rs 10,000 crore package over three years till 2022 for the second phase of Faster Adoption & Manufacturing of Electric (and hybrid) vehicles (FAME) scheme. FAME II Scheme The FAME scheme ..

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