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Budget 2020: Financial Sector
The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands in achieving the three themes of the budget. The three themes include aspirational India, Economic Development and Caring India The Budget has ..
Month: Current Affairs - February, 2020
First Session of India-Norway Dialogue held in New Delhi
Between January 15, 2020 and January 16, 2020, the first session of India-Norway trade and investment dialogue was held in New Delhi. It was the first meeting of the countries after they signed an agreement in 2019. Highlights India and ..
Month: Current Affairs - January, 2020
GoI: 6th Island Development Agency meeting held in New Delhi
On January 13, 2020, Home Minister Amit Shah chaired the sixth Island Development Agency meeting in New Delhi. The meeting focused on “Green Development in the Islands to reach new heights” Highlights The meeting reviewed the work progress of the ..
Month: Current Affairs - January, 2020
GEM Samvaad: GEM launches National Outreach Programme
Government e-commerce portal GeM has launched a national outreach programme called ‘GeM Samvaad’, to bring on-board more local sellers. The outreach programme will take place from 19 Dec 2019 to 17 Feb 2020 and will cover all States and Union ..
Month: Current Affairs - December, 2019
NSIC inks MoU with Aramco Asia
The National Small Industries Corporation(NSIC) in a bid to develop Micro Small and Medium Enterprises (MSME) ecosystem in India for Oil and Gas sector has signed a Memorandum of Understanding with Aramco Asia. Aramco Asia is an Asian subsidiary of ..
NSIC & ARAMCO Asia signs MoU for development in Oil & Gas Sector
A memorandum of understanding (MoU) has been signed between National Small Industries Corporation (NSIC) and Suadi Aramco (Asia) for the development of Micro, Small and Medium Enterprises (MSME) Ecosystem in India in Oil & Gas Sector. The MoU will pave ..
Month: Current Affairs - December, 2019
PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019
In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India. The initiative aimed towards providing support to the needs of the economy ..
GoI new scheme: Rs 400 crores for testing MSME Defense products
The Government of India is planning to launch a new scheme to test defense products manufactured by MSMEs. In order to achieve this, the Ministry of Defence has allocated Rs 400 crores. Features of the scheme The test units that ..
Month: Current Affairs - November, 2019
India International Trade Fair Begins
The 39th India International Trade Fair is to begin in New Delhi on November 14, 2019. Around 25,000 people are expected to visit the fair. Theme: “Ease of Doing Business” The theme is inspired from India’s 63rd rank in the ..
Month: Current Affairs - November, 2019
Centre to introduce rating system for SMEs for easy loans
Centre is considering a proposal to introduce a rating system for small and medium enterprises (SME) to help them get credit easily. The announcement in this regard was Union Minister for Road Transport and Highways (MoRTH) Nitin Gadkari while addressing ..