Page-124 of Economy & Banking Current Affairs

India Edtech Consortium

January 16, 2022

The private companies in India have joined together to form India EdTech Consortium. It was formed under the guidance of Internet Mobile Association of India. It was launched after Government of India announced that it is to launch as policy ..

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5-point Reform agenda for FCI

January 15, 2022

On the 58th Foundation Day of Food Corporation of India (FCI), the food Minister Shri Piyush Goyal released a “5-point reform agenda for FCI”. It is also called “5 Sutras”. The agenda aims to improve FCI and its progress. What ..

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Vision India@2047

January 15, 2022

The Government of India is to finalize the 2047 plan by May 2022. The plan is being framed by a Sectoral Group of Secretaries. That is, the sectaries are from ten different sectors. They will draw a plan that will ..

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Rise in Banking Ombudsman complaints

January 13, 2022

The Reserve Bank of India (RBI) released its “Annual Report of the Ombudsman Schemes for the year 2020-21”, highlighting a rise in Banking Ombudsman complaints. Key Findings of the report During April 2020-March 2021, report witnessed a 22.27 per cent ..

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Record High US Inflation

January 13, 2022

On January 12, 2022, the Labour Department in United States (US) reported that consumer prices increased to 7% in December 2021 as compared to 12 months earlier, that is December 2020. Highlights The jump in the consumer prices was hottest year-over-year inflation ..

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KVIC’s Khadi Handmade Paper Slippers

January 13, 2022

KVIC is Khadi and Village Industries Commission. It operates under Ministry of MSME. It has recently launched hand made use and throw paper slippers and also khadi baby wear slippers. About Khadi baby wear For the first time, the KVIC ..

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Tamil Nadu Regional Plan Rules, 2021

January 12, 2022

Government of Tamil Nadu notified the “Regional Plan (Preparation, Publication and Sanction) Rules, 2021” in accordance with the Tamil Nadu Town and Country Planning Act, 1971. Key Points As per notification, the Regional Planning Authority (RPA) should prepare a land-and ..

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World Bank’s ‘Global Economic Prospects’ Report

January 12, 2022

World bank’s Global Economic Prospects’ Report was released on January 11, 2022. Key Findings of the report The report notes that, Global economic growth will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021. It ..

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India-South Korea bilateral trade target

January 12, 2022

India and South Korea have set to achieve bilateral trade target of 50 billion USD by 2030. The target was set during the summit held in 2018. Recently, the foreign ministers of the respective countries met to discuss on terms ..

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Jagananna Smart Townships

January 12, 2022

Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy, launched the “Jagananna Smart Township website” on January 11, 2022. The website was launched from the Tadepalli Camp office. Why was the website launched? The website was launched because most middle-class ..

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