Current Affairs

GK MCQs Section

Topic: capital goods

Relaxation in Export Promotion Capital Goods (EPCG) Scheme

Various procedures under the Export Promotion Capital Goods (EPCG) scheme have been relaxed by the commerce ministry so as to facilitate the ease of doing business and reduce...

April 16, 2022

Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021: IGCR, 2017 Customs Rules changed

The Government of India recently brought changes to the Customs (Imports of Goods at Concessional Rate of Duty) rules, IGCR 2017 to boost trade facilitation. This was done...

May 19, 2021

Inter-Ministerial Committee set up to strengthen Capital Goods Sector

On November 11, 2020, the Government of India set up an inter-ministerial committee to strengthen capital goods sectors. This will help India achieve its goal of becoming a...

November 12, 2020

RBI launches OBICUS

On April 16, 2020, the Reserve Bank of India launched OBICUS. This is the 49th round of survey by the apex bank for the period January to March....

April 17, 2020

Industrial production growth slows to 1.7% in January 2019

The Central Statistics Office (CSO) has released the data for the Index of Industrial Production (IIP) for the month of January. The IIP data shows that: Industrial output growth...

March 13, 2019

IIP rises to 9-month high of 4.3% in August 2017

According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) has grown nine-month high to 4.3% in August...

October 13, 2017

Union Cabinet approves MoU between India and Germany

The Union Cabinet has approved signing of a Memorandum of Understanding (MoU) with Steinbeis GmbH Co. KG, Germany for technology transfer and resourcing in manufacturing, including sub-sectors of...

June 22, 2016

Union Cabinet approves National Capital Goods Policy 2016

The Union Cabinet has given its approval for National Capital Goods Policy 2016 to give an impetus to the capital goods sector and the Make in India initiative....

May 26, 2016

Union Government unveils National Capital Goods Policy 2016

The Union Government has unveiled a National Capital Goods Policy 2016 to give an impetus to the capital goods sector and the Make in India initiative. It was...

February 17, 2016

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