Rural economy Current Affairs, GK & News

Indian Economy to Shrink by 9.5% in FY 2020-2021: ICRA

The credit rating agency, ICRA, has predicted that the Indian economy will see a major slowdown in the current fiscal and it is expected to contract by around 9.5% in the Financial Year 2020-2021. The agency had earlier predicted a slowdown of 5% for the Indian Economy. The reason behind this revision has been shown ..

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Modi to launch ‘Garib Kalyan Rojgar Abhiyan’ on June 20

Prime Minister Narendra Modi is going to launch ‘Garib Kalyan Rojgar Abhiyan’ on June 20 to enhance livelihood opportunities in rural India. The scheme, with a budget of Rs.50,000 crore, would bring together 25 schemes for providing employment opportunities to migrant workers who have returned to hometowns during lockdown in 116 districts in country.

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6th World Congress on Rural and Agricultural finance

The World Congress on Rural and Agricultural Finance (WCRAF) began in New Delhi on November 12, 2019. It aims at bringing together stakeholders of rural and agricultural finance all over the world. The Congress is an opportunity to strengthen business relations and to promote products and services. Background The Congress is held at regular intervals ..

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State of Biscuit Makers in India

The hard-hitting Indian economic crisis has also taken a toll on the Biscuit makers in India. What has happened? The Indian Rural economy is in shambles and is facing a significant credit crunch which has been magnified by successive droughts and crop failures. The rural sector is one of the largest consumers of small biscuit ..

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Startup India-WhatsApp Grand Challenge

The Facebook-owned messaging app WhatsApp has announced Startup India-WhatsApp Grand Challenge to encourage entrepreneurs and small businesses in India. About the challenge The challenge is being hosted in association with Invest India. The top 5 winners would receive a cash prize worth $250,000 (roughly Rs. 1.8 crores). The challenge is aimed at encouraging the entrepreneurs who ..

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