Social Sector Current Affairs, GK & News

HDFC Bank SmartUp Grants to 21 Social Sector Start Ups

The HDFC Bank recently announced the winners of the SmartUp Grants, 2021. This is the fourth edition of the SmartUp Grants of HDFC. Key Highlights Around twenty-one startups that are working in the social sector have been selected to receive the grants. The startups were selected through rigorous screening of three hundred applications received from ..

Month: 

Category: 

Topics: 

Prince Charles launches education impact bond for India

Britain’s Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India. The DIB is the largest bond of its type in South Asia. It is the latest fundraising initiative by British Asian Trust (BAT) set up by royal 10 years ago to fight poverty ..

Month: 

Topics: 

Ratan P Watal appointed as principal adviser for social sector in NITI Aayog

Former Finance Secretary Ratan P Watal has been appointed as Principle Adviser for social sector in NITI Aayog. He has been appointed to the post for three years. His appointment comes after his two-month extended tenure as Finance Secretary ended in April 2016. He was to retire in February 2016, but got a two-month extension. ..

Month: 

Topics: 

India, Bangladesh sign $2 billion Line of Credit

India has signed the second line of credit (LOC) agreement extending 2 billion dollars in development financing to Bangladesh for undertaking various development projects. This credit line will be provided through Export Import Bank of India (Exim Bank), India’s external lending arm. It is Exim Bank’s biggest ever LOC facility given to another country. The ..

Month: 

Topics: 

Highlights of Union Budget 2016-17

Union Finance Minister Arun Jaitley presented Union Budget 2016-17 in the Parliament. It was the second full year Budget of the NDA government under leadership of Prime Minister of Narendra Modi and the third budget of Arun Jaitley as Finance Minister. Union Finance minister has announced 9 pillars of the budget. They are rural sector, ..

Month: 

Topics: