Page-4 of Topic: GDP
Institute for Management Development releases World Competitive Index
The Institute of Management Development recently released the World Competitive Index. India ranked 43rd in the ranking. Highlights In 2019, India was at the 43rd ranking. Since 1989,...
COVID-19: Fifth Recession of India
Since Independence in 1947, India has faced four recessions. According to Reserve Bank of India (RBI), the recessions occurred in 1958, 1966, 1973 and 1980. Highlights Recession is...
GoI launches PM SVANidhi scheme
On June 1, 2020, Government of India launched the Pradhan Mantri SVANidhi Scheme for street vendors. The Union cabinet has cleared the credit amount for the scheme as...
Finance Ministry begins Annual Exercise
On May 12, 2020, the Ministry of Finance announced that the government departments and ministries will review guarantees issued against loans issued by various government entities. Highlights The...
GoI announces Lock Down 4.0 with economic package of Rs 20 lakh crores
On May 12, 2020, PM Modi announced Lock Down 4.0 with new rules. He also announced an economic package of Rs 20 lakh crores to ease lives of...
CRISIL pegged India’s Growth Rate for FY21 at 1.8%
CRISIL, the rating agency, recently pegged India’s growth rate at 1.8% for FY21- a downgrade from an earlier estimate of 3.5%. Recent Predictions CRISIL, the domestic rating agency,...
BRICS Foreign ministers to attend COVID-19 meeting
The foreign ministers of the BRICS grouping are to discuss on measures to combat COVID-19. External Affairs Minister Shri S Jaishankar is to represent India at the meet....
India seeks help from IMF and World Bank to fill data gaps
The Government of India has approached multilateral organizations such as World Bank and International Monetary Fund (IMF) to find out methods that will help in preparing economic indicators...
Fifteenth Finance Commission to assess impacts of COVID-19
The Economic Advisory Council of the Fifteenth Finance Commission is to meet on April 23 and 24, 2020. The council is to discuss the impacts of COVID-19. Highlights...
“Dekho Apna Desh”: A Webinar launched by Tourism Ministry
On April 14, 2020, the Ministry of Tourism launched “Dekho Apna Desh”. It is a webinar that caters in-depth information about tourist destinations in the country. It also...
Fishing and Aquaculture exempted from Lock Down
On April 11, 2020, the Ministry of Home Affairs, exempted fishing and aquaculture industries from Lock Down. Earlier, the agricultural activities were exempted. Highlights The operations such as...
