Page-3 of Economy of India Current Affairs, GK & News

Department of Rural Development decides to institutionalize social audits in major schemes

Two-day ‘National Seminar on Social Audit of Rural Development Programmes’ is being organised at Vigyan Bhavan, New Delhi on 13th and 14th November 2019 jointly by the Department of Rural Development and National Institute of Rural Development and Panchayati Raj. The Seminar will take stock of the current status of Social Audits and SAUs in terms of independency, funds, ..

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Overseas Citizens of India (OCI) can now subscribe to National Pension System

As per the provisions of the PFRDA Act, the Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System (NPS) at par with Non Resident Indians (NRIs). Now, any Indian citizen, resident or non-resident and OCIs are eligible to join NPS till the age of 65 years. The contributions ..

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HPCL and Power Grid Corporation get Maharatna status in October 2019

Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were issued by Department of Public Enterprises, under Union Ministry of Heavy Industry and Public Enterprises.

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Thakur Anup Singh wins Udyog Rattan Award-2019 of Institute of Economic Studies

Thakur Anup Singh, CMD of Marg ERP, has won the prestigious Udyog Rattan Award-2019 for his exceptional work in transforming how MSMEs can accelerate their business by using technology. The award is conferred annually to Indian citizens for their outstanding contribution to the economic development of the country. It is conferred by the Institute of ..

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Rajnish Kumar appointed as new chairman of Indian Banks’ Association

SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO of Punjab National Bank (PNB). The IBA represents banks’ interests with the government and regulators.

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