The Reserve Bank of India has presented a concept paper on various issues related to introduction of CBDC in the country. The RBI is likely to introduce it...
After the attainment of independence, the Government of India declared its first Industrial Policy on 6th April 1948. The Industrial Policy 1948 was presented in the parliament by...
Hint: Industrial licensing policy was laid down under industrial development and regulation act 1951. The act made it mandatory for the central government’s permission for establishing a new...
Mega food parks are based on hub and spoke model, integrating farms with food processing structures to provide vital linkages. Considered game changer: Better price at farm gates....
The India-US Economic and Financial Partnership just conducted its ninth ministerial summit. The improvement of the global supply chain is something that both the US and India are...
Hint: The major objectives behind Industrial policy 1956 were to reduce rural-urban divide, imbalance growth and other problems. But, the policy failed in their achievements due to several...
The Coal Mines special provision act 2015 allows government to allocate mines on competitive bidding for optimum utilization of coal resources. But, since there is no end use...
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), launched in February 2019, is a central sector scheme with 100% funding from the union government. Highlights of the scheme: The...
The structural pattern of Chemical Industry includes: Basic Organic Chemicals– includes methanol, acetic acid, formaldehyde, etc Speciality Chemicals- high value, low volume chemicals known for their end use...
The concept of captive mining means that some mines are allocated to the companies for its own need. The captive mining concept was devised so that the Iron,...
The utilization of coal in India varies to large applications ranging from household to industries. Also, its easy availability and cheap coast attract business to it. The allocated...
India is a country with a large number of working population. Its demography is expected to peak in 2050. India also has largest number of youths in the...
