Ministry of Finance Current Affairs, GK & News
Stand Up India Scheme: Over 81% account holders are women
The Ministry of Finance has launched several schemes in past seven years which comprise of several special provisions that empowers the women. One such scheme is “Stand-up India scheme” under which 81% of the account holders are women. All these schemes have financially empowered the women to lead a better life and fulfil their dreams ..
Month: Current Affairs - March, 2021
Category: Government Schemes Current Affairs
Topics: Ministry of Finance • Mudra Loans • Pradhan Mantri MUDRA Yojana (PMMY) • Stand Up India Scheme • Women Empowerment • women entrepreneurs
FinMin allows all Private Banks to Participate in Government Business
The finance ministry has allowed all the private sector banks to participate in business related to government such as small savings schemes and collection of taxes pension payments. Highlights Currently, only some of the big private sectors are allowed to conduct government-related businesses. So, now embargo has been lifted and this move will enhance the ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs
Topics: Bank Mergers • Ministry of Finance • Privatisation of Banks • Privatisation of PSBs • Public Sector Banks (PSBs) • Reserve Bank of India (RBI)
Andhra Pradesh: 2nd State to undertake Power Sector reforms
Andhra Pradesh has become the second State to implement the power sector reforms that was put forward by the Department of Expenditure, Ministry of Finance. Highlights The state has implemented the one of the three reforms that was bought in 2020. Under the reform, the state has started the Direct Benefit transfer (DBT) of electricity ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs • Legal & Constitution Current Affairs
Topics: Andhra Pradesh • Center-State Relations • Madhya Pradesh • Ministry of Finance • Power Sector • power sector in India • power sector reforms
Economic Survey 2021- Key Highlights
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha on January 29, 2021. Highlights The Economic Survey 2021 presented an estimation of the progress that the Indian economy has made in the last 12 months. The survey highlights that the real growth rate for Financial Year 2021 was taken as ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
Topics: Economic Survey 2020-2021 • Economic Survey 2021 • International Monetary Fund (IMF) • Ministry of Finance • union budget 2020-21 • Union Finance Minister Nirmala Sitharaman
Rajasthan- 5th state to complete Urban Local Bodies Reforms
Rajasthan has become the 5th state in the country to successfully complete the Urban Local Bodies (ULBs) reforms. This was specified by the Department of Expenditure, Ministry of Finance. Benefits Rajasthan now become eligible for additional reform linked borrowing. Thus, the State has been granted permission by the Department of Expenditure an additional financial resource ..
Month: Current Affairs - January, 2021
Category: Government Schemes Current Affairs • States Current Affairs
Topics: COVID 19 pandemic • department of expenditure • Ministry of Finance • Open Market Borrowings • Rajasthan • Urban Local Bodies Reforms