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,...
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...
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...
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...
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,...
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....
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...
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...
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...
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...
On March 19, 2020, the Finance Commission Constituted a committee under Shri N K Singh in order to build a fiscal consolidation road map for the centre and...
