Economy & Policy | Current Hunt

Government approves 3 incentive schemes to boost electronic manufacturing

Posted By: Pratiyogita Kiranon: April 05, 2020In: Economy & Policy, Industry & InfrastructureNo Comments

The schemes provide incentives of 4% to 6% for increased sales on electronic products The Union Government of India has launched three incentive schemes to boost electronics manufacturing in... Read more

Union Minister of Agriculture & Farmers Welfare launches “New e-NAM” facilities for agriculture marketing

Posted By: Pratiyogita Kiranon: April 04, 2020In: Agriculture, Economy & PolicyNo Comments

It reduces the congestion at mandis that will help fight against COVID-19 The Union Ministry of Agriculture & Farmers’ Welfare, Rural Development and Panchayati Raj has launched new feat... Read more

Foreign Trade Policy 2015 – 2020 extended for one year

Posted By: Pratiyogita Kiranon: April 04, 2020In: Economy & Policy, Policy/ SchemesNo Comments

It extends existing Foreign Trade Policy by another one year up to 31st March – 2021 The Union Commerce and Industry Ministry has announced changes in the Foreign Trade Policy (FTP) of Gove... Read more

Mega bank consolidation is approved by RBI

Posted By: Pratiyogita Kiranon: March 31, 2020In: Economy & Policy, Policy/ SchemesNo Comments

It proposes merger of 10 state owned banks into one mega bank The schemes for the merger of ten state-run banks into four lenders are coming into force from April 1, according to the Reserve... Read more

PMO sets up 10 panels to mitigate COVID-19 and restore normalcy after 21 Days Lock Down

Posted By: Pratiyogita Kiranon: March 30, 2020In: Economy & Policy, General EconomyNo Comments

Suggests measures to ramp up healthcare, put the economy back on track The Prime Minister’s Office (PMO) on Sunday constituted 10 different high-level committees to suggest measures to... Read more

Ministry of Health and Family welfare launched “National Teleconsultation Centre (CoNTeC)”

Posted By: Pratiyogita Kiranon: March 29, 2020In: Economy & Policy, General EconomyNo Comments

The project CoNTeC, an acronym for COVID-19 National Teleconsultation Centre The Union Ministry of Health & Family Welfare launched the National Teleconsultation Centre (CoNTeC) and also... Read more

Union Cabinet approved “Recapitalization of Regional Rural Banks (RRB)”

Posted By: Pratiyogita Kiranon: March 26, 2020In: Economy & Policy, Policy/ SchemesNo Comments

It will enable them to meet the credit requirement in the rural areas The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for cont... Read more

Karur Vysya Bank launches pre-paid caECONOMY & POLICY Banking & business developmentrd “Enkasu”

Posted By: Pratiyogita Kiranon: March 26, 2020In: Banking & Business Development, Economy & PolicyNo Comments

Karur Vysya Bank has launched Enkasu, a pre-paid card, in Karur (Tamil Nadu) to reduce cash transactions. Enkasu works on Near Field Communication Technology in a semi-closed loop and will b... Read more

Entrepreneurship train Swavalamban Express to take business aspirants on 15-day educational journey

Posted By: Pratiyogita Kiranon: March 25, 2020In: Economy & Policy, General EconomyNo Comments

Small Industries Development Bank of India (SIDBI) is to start Swavalamban Express. The aim is to promote budding business aspirants and entrepreneurs. SIDBI will start a special train based... Read more

Modified Electronics Manufacturing Clusters (EMC2.0) is approved by Cabinet chaired by the Prime Minister

Posted By: Pratiyogita Kiranon: March 22, 2020In: Economy & Policy, Policy/ SchemesNo Comments

It aims at improving the growth of Electronics System Design & Manufacturing sector The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved financial assistance... Read more