Capital Expenditure Current Affairs, GK & News
Twin Deficit Problem in India
Ministry of Finance recently released its ‘Monthly Economic Review’ report. In the report, Ministry has highlighted that, Fiscal Deficit and Current Account Deficit (CAD) are two key areas of concern for the Indian economy. Findings of the report Monthly Economic Review report noted that, Fiscal deficit has increased, possibly due to cuts in excise duties on ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
Topics: Capital Expenditure • current account deficit • Finance Ministry's Monthly Economic Review • fiscal deficit • revenue expenditure • Stagflation • Twin Deficit Problem
Nomura Business Resumption Index- Update
For the week which ended on 2oth February, the Nomura India Business Resumption Index (NIBRI) reached a record high of 122.8, up from 119.5 the previous week. Overview: The Index showed weak demand due to rising inflation and the scarring due to the pandemic, as the recovery remains uneven, with sluggish consumption and services even ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
Topics: Capital Expenditure • COVID-19 • GDP • NIBRI • Nomura India Business Resumption Index
What are Sovereign Green Bonds?
During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What are green bonds? Green bonds are debt instruments. The money collected by selling these bonds are invested in projects that have positive impact on the environment. The ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
Topics: 100% renewable energy • Capital Expenditure • Clean Energy • Green Bonds • Public Sector • Reserve Bank of India (RBI) • Union Budget • Union Budget 2022-23
Scheme of Financial Assistance to States for Capex
The Ministry of Finance recently announced that it is to provide Rs 15,000 crores to the states for their Capital Expenditure for 2021-22. This is being provided as interest free fifty-year loan to spend on capital projects. Fresh guidelines have been announced in this regard called the “Scheme of Financial Assistance to States for Capital ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Capital Expenditure • Disinvestment • Ministry of Finance • National Infrastructure Pipeline (NIP) • North East • scheme for special assistance to states for capital expenditure • Scheme of Financial Assistance to States
Scheme for Special Assistance to States for Capital Expenditure
The Scheme for Special Assistance to States for Capital Expenditure is currently facing revenue shortfall due to COVID-19 pandemic. The scheme aims to increase the capital expenditure by the state governments. Under the scheme, the Ministry of Finance has so far approved capital expenditure proposals worth Rs 9,878.61 crores. Under the scheme, the capital expenditure ..
Month: Current Affairs - December, 2020
Category: Government Schemes Current Affairs
Topics: Atma Nirbhar Bharat Abhiyan • Capital Expenditure • COVID-19 • Ease of Doing Business • One Nation One Card • scheme for special assistance to states for capital expenditure