Growth Current Affairs, GK & News

Economic Survey 2020 tabled in the Parliament by the Finance Minister

The Economic Survey of the Fiscal Year 2020 has been tabled in both the houses of Parliament. The survey highlights economic trends in the country, development over the past 12 months and facilitates better mobilization of resources. Highlights The Current Fiscal Growth is 5% The projected GDP growth for the year 2020-21 is 6% to ..

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Indian Railways set to carry E-commerce consignment

The Indian Railways has started its pilot project of allowing e-commerce consignments in non-peak hours. The project was earlier launched by the Eastern Railways for the first time in India when it allowed the Amazon consignments in its EMU local (suburban services) Regulations The rate chargeable is that of Luggage Rate that is Rs 5,537 ..

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World Bank: South Asia Economic Focus, 2019

The World Bank recently released its South Asia Economic Focus, 2019. The report says that Bangladesh and Nepal are growing faster than India. However, it assured that India is still a fast-growing economy. India is relatively hit hard by the recent global economic slowdown. The report is titled “Exports Wanted” highlighting the export potential of ..

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EPFO payroll data for June 2019

The Employees Provident Fund Organization (EPFO) has released the payroll enrollment data for the month of June 2019. The data has shown a net payroll addition of 43% for this month. What does the data say? As per the released EPFO data, the highest percentage of increase was observed in the age brackets of over ..

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RBI’s first bimonthly policy FY 2018-19: Policy rates unchanged

The Reserve Bank of India (RBI) in its first bimonthly policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.0%.  This decision was taken by RBI’s six member Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel. Key Highlights of 1st Bi-monthly ..

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