Economy: Current Affairs, GK & News - 2020-2021

Poland out of EU’s Climate Neutrality 2050 plan

Published: December 13, 2019

On December 13, 2019, Poland left 2050 Climate Neutrality Agreement of European Union as the Union demanded for more funds to support nuclear power and for economic transition. Highlights Poland, whose 80% of energy needs are relied on coal opted out of Climate Neutrality 2050 plan. The country requested to extend the plan execution deadline ..

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Report on states’ performance in garbage collection from household

Published: December 9, 2019

The Union Ministry of Housing and Urban Development tabled a report on the state-wise performance in the collection of garbage from the households. The report said that 93% of the municipal councils in the country collect garbage from the doorsteps of households on a daily basis under the Swachh Bharat Abhiyan. However, only 57% of ..

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Restructuring and loan drive for MSMEs

Published: December 9, 2019

The state owned public sector banks are to hold a month long drive to provide relief to the small businesses (MSMEs) through loans and restructuring options. The outreach program was launched by the central government in December and is to last till January 6, 2020. The banks are provide working capital for these MSMEs and ..

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Major global cities to slow down according to research

Published: December 6, 2019

New research studies have predicted that the growth in major cities around the world will slow down in 2020 and 2021. The Oxford economic researchers reported that out of 10 major cities across the world, 9 will slow down. Of the top 900 cities across the world, nearly two thirds is expected to experience slower ..

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MoU between IEPFA and Bank of Baroda for ‘Investor Awareness’

Published: December 5, 2019

The Ministry on Corporate Affairs announced the signing of a memorandum of understanding (MoU) between the Bank of Baroda (BoB) and Investor Education and Protection Fund Authority (IEPFA) for the purpose of creating awareness among investors and other stakeholders. The two entities are to collaborate for educating the masses about the dangers of fraudulent investment ..

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