Topic: Capital
Maiden Tranche of Sovereign Green Bonds
The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are...
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....
SAFE Scheme: SIDBI provides working capital of Rs 1 crore to MSME
On April 8, 2020, the Small Industries Development Bank of India announced that it will provide emergency working capital of Rs 1 crore to small and medium enterprises....
Facts Box: “Three Capital Bill” of Andhra Pradesh
The Andhra Pradesh Government has passed the “Andhra Pradesh Decentralisation and Equal Development of All Regions Bill”, 2020. The bill paves way for three capitals of the state....
Kalimantan: Indonesia to move capital from Jakarta to Borneo Island
Government of Indonesia has announced to move its current capital from Jakarta (on the island of Java) to the sparsely populated East Kalimantan (on Borneo island). Indonesia’s President...
Indonesia to shift capital from Jakarta to East Kalimantan
The nation of Indonesia has decided to shift its capital territory from Jakarta to a new site located in East Kalimantan province. What has happened? Indonesia is one...