Nirmala Sitharaman
Incentive scheme for promotion of RuPay Debit Cards
The Indian government has recently approved an incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year. The decision was made during a meeting of the Cabinet Committee on Economic ..
Category: Economy & Banking Current Affairs
Key Facts on Oil Bonds
The government issues oil bonds to compensate the oil marketing companies (OMCs) to offset the losses that are suffered by them with the aim of shielding consumers from rising crude oil prices. These bonds were issued by the government mainly ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs
India Global Forum
India Global Forum’s (IGF) annual summit will bring together prominent faces of tech-driven disruption and those who have entered the unicorn club, as well as Union ministers, politicians, and global business executives. Overview: This event is taking place in Bengaluru ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs • Summits and Conferences
Electronic Bill Processing System
Nirmala Sitharaman, Union Finance Minister, will launch the electronic bill (e-Bill) processing system under the Digital India eco-system and ease of doing business. Overview: This e-governance initiative was announced in the Budget 2022-23 by the Finance Minister. Across all departments ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
25th Meeting of Financial Stability and Development Council
In the city of Mumbai, the Financial Stability and Development Council’s (FSDC) 25th meeting was held. This meeting was held under the chair of Finance Minister Nirmala Sitharaman. Overview: The council discussed the different mandates of the FSDC as well ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
G20 Sustainable Financing Scheme
Central Bank Governors and G20 Finance Ministers are looking for a sustainable long-term international financial solution with the help of strengthening the global resilience in the event of future pandemics and closing gaps in health systems between countries. Overview The ..
Month: Current Affairs - February, 2022
Category: International / World Current Affairs • Summits and Conferences
FM chairs 24th meeting of FSDC
Finance Minister, Nirmala Sitharaman, chaired the 24th meeting of Financial Stability and Development Council (FSDC) at Vigyan Bhavan, New Delhi. Financial Stability and Development Council (FSDC) FSDC is an apex-level body that was set by the government of India in ..
Month: Current Affairs - September, 2021
FM launched ‘National Monetisation Pipeline’ scheme
Finance Minister, Nirmala Sitharaman, unveiled a four-year National Monetisation Pipeline (NMP) scheme on August 23, 2021. About NMP scheme Scheme was launched with a Rs 6 lakh crore unlock value in brownfield projects. It also engages the private sector. They ..