Page-118 of Economy & Banking Current Affairs

Kerala- CEIIC MoU for Clean Energy Incubation Centre

February 3, 2022

Kerala Government has signed an MoU with the Social Alpha, through its “Clean Energy International Incubation Centre (CEIIC)”. Key facts Government of Kerala signed MoU through Kerala Development & Innovation Strategy Council (KDISC) and Energy Management Centre (EMC). MoU highlights ..

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PM-DevINE Scheme

February 3, 2022

In Union Budget 2022-23, a new “PM-DevINE scheme” was proposed by Finance Minister Nirmala Sitharaman. What is PM-DevINE scheme? Government announced PM-DevINE scheme, with an initial allotment of Rs 1,500 crore. It stands for “Prime Minister’s Development Initiative for North-East”. ..

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Project of blending hydrogen into CGD network

February 3, 2022

Gas Authority of India Limited (GAIL) has started India’s first-of-it’s-kind project to mix hydrogen into natural gas system at Indore, Madhya Pradesh. Key Facts Hydrogen blended natural gas will be supplied to Avantika Gas Limited, which is a Joint Venture ..

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What is ‘Vibrant Villages’ programme?

February 3, 2022

Finance Minister Nirmala Sitharaman announced in her budget speech that, government is set to work on improving connectivity across northern border under the Vibrant Villages Programme. What is Vibrant Villages Programme? Minister did not provide details on this programme. However, ..

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Budget: Corporate Tax, AMT, Tax on Digital Assets

February 3, 2022

In her Budget Speech 2022, Finance Minister Nirmala Sitharaman shed light on tax liabilities for virtual assets like cryptocurrencies. Key Facts Income from any digital asset will now be taxed at 30 percent. There will be no deduction with exception ..

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One Nation One Registration and DILRMP

February 3, 2022

During the budget presentation, the finance minister Smt Nirmala Sitaraman introduced the One Nation One Registration scheme. This will increase the easing of doing business and also will improve the ease of living. About the scheme The scheme will bring ..

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KAVACH Technology in Railways

February 3, 2022

During the budget presentation, the finance minister Smt Nirmala Sitaraman announced that the safety of the Indian trains is to be increased through the KAVACH technology. The railways were allocated Rs 1,37,000 crores. Along with Kavach technology, government is to ..

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Working of e – Passports

February 3, 2022

The Government of India is to launch e – passports from 2022 – 23. This is to increase the convenience of the citizens. This was announced by the Finance Minister Smt Nirmala Sitaraman during budget presentation. Working of e – ..

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What are Sovereign Green Bonds?

February 2, 2022

During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What are green bonds? Green bonds are debt instruments. The money collected by ..

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DESH-Stack e-portal

February 2, 2022

On February 1, 2022, Finance Minister Nirmala Sitharaman announced to set up “DESH-Stack e-portal”, during Budget 2022 speech. Highlights Announcement to set up a DESH-Stack online skilling platform and overall focus of Budget on skilling is drawing appreciation from industry, ..

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