Monetization Current Affairs, GK & News

DIPAM and World Bank sign Agreement

On November 16, 2020, DIPAM (Department of Investment and Public Asset Management) signed an agreement with World Bank. Under the agreement, the World Bank will provide advisory services on asset monetization. What is Asset Monetisation? Asset Monetisation is creating new sources of revenue by unlocking underutilized or untilised public assets. What is DIPAM’s Plan on ..

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RBI to reform Ways and Means Advances for States

Reserve Bank of India has proposed an approach to reform new Ways and Means Advances (WMA) limits for the state governments, which will further replace the previous expenditure-based system. It will establish a panel to recommend parameters of the new system which is aimed to prevent automatic monetisation of deficits.

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Government denies intentions to demonetise 100 and 50 rupee notes

The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50 notes to dispel rumours which are making rounds in various platforms like social media. It has issued a series of tweets to dispel the myths. Key announcements It has no intention to demonetise Rs 100 and Rs ..

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