During COVID, the GoI had collected a forfeited amount. Forfeited means the loss of something. When someone fails to pay the money he owes, forfeiture occurs. GoI collected...
FAME is the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles. It was launched in 2015 to increase the sale of electric vehicles in the country. The...
According to the National Statistical Commission, the literacy rate in India is 73%. However, the financial literacy rate is very less, around 24%. Compared to the other emerging...
PAN is a Permanent Account Number issued by the Income Tax Department of India. It is a ten-digit alphanumeric number. During the Union Budget 2023, Finance Minister Smt...
The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major...
The Indian horticulture sector contributes 33% of the GVA of the country. The industry is labor intensive and therefore, a small push will increase employment opportunities exponentially. Today,...
The Mangroves cover 0.15% of the total Indian Geographical area. This is around 4,975 square kilometers. The state of West Bengal alone has 42.45% of India’s mangroves. Indian...
The Finance Minister Smt Nirmala Sitaraman presented the Union Budget 2023-24. The budget was presented based on seven priorities namely Inclusive development, Infrastructure and Investment, youth power, unleashing...
Economic Survey is presented a day before the Budget session. Finance Ministry prepares the survey. The survey says that in 2024, India’s GDP will be in the range...
The President of India Smt Draupadi Murmu initiated the Budget Session of 2023 in the Parliament House. Murmu addressed a joint session of the parliament. The Finance Ministry...
