5 Trillion Dollar Economy: Current Affairs, GK & News - 2020-2021

Green Field Expressway Project

Published: June 5, 2020

The Government of India recently agreed to convert the Delhi-Amristar-Katra Expressway into a green field project. The highway will connect five historic towns in the state of Punjab. They include Goindwal Sahib, Sultanpur Lodhi, Khadoor Sahib and Tarn Taran. What is the issue? On the complaints of the locals over the project failing to connect ..

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Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet

Published: March 21, 2020

On March 21, 2020, the Union Cabinet under PM Modi approved the Production Incentive Scheme for large scale manufacturing of Electronics. The main aim of the incentivisation is to increase investments in mobile manufacturing. Benefits The scheme aims to create more than 2 lakh jobs. The indirect employment opportunities are expected to be three times ..

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SIDBI launches “Swavalamban Express” to promote business aspirants

Published: March 20, 2020

On March 19, 2020, the Small Industries Development Bank of India (SIDBI) announced Swavalamban Express. Highlights The Train is to visit 11 entrepreneurial cities. This includes Delhi, Jammu, Mumbai. Ahmedabad, Hyderabad, Bengaluru, Kolakata, Bhubaneswar and Varanasi. During the period, various workshops and programmes are to be organized. The train has been launched to fulfil India’s ..

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What is Counter Cyclical Fiscal Policy of GoI?

Published: February 26, 2020

The Government of India has adopted “Counter Cyclical Fiscal Policy” in order to decrease the Economic Slow Down in the country. The Economic Chief Advisor Subramanian at the Express Adda event in Mumbai highlighted that Counter Cyclical Fiscal Policy is the only way forward to create additional fiscal headroom Highlights The GoI is in the ..

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“Globalizing Indian Thought”, an International Conclave held at Kozhikode

Published: January 17, 2020

On January 17, 2020, the International Conclave on “Globalizing Indian Thought” was held in IIM, Kozhikode. PM Modi addressed the conclave. The conclave aimed at revealing India’s thoughts in becoming one of top three economies of the world. Highlights India is stepping towards the goal of becoming a 5 trillion Dollar economy by 2025. This ..

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