Page-91 of Economy & Banking Current Affairs

States’ Start-up Ranking 2021

July 5, 2022

The department for promotion of industry and internal trade (DPIIT) released third edition of “States’ Start-up Ranking 2021”, on July 4, 2022. Which states are best performers? In terms of developing ‘start-up ecosystem for entrepreneurs’, Gujarat and Karnataka emerged as ..

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Direct Benefit Transfer (DBT) in NAPS

July 4, 2022

According to Ministry of Skill Development & Entrepreneurship (MSDE), the National Apprenticeship Promotion Scheme (NAPS) will now be a part of Direct Benefit Transfer (DBT) scheme. Key Facts With the inclusion, the NAPS will provide direct government benefits to all ..

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National Health Claims Exchange

July 4, 2022

The National Health Authority (NHA) and IRDAI has decided to develop a National Health Claims Exchange. Key Facts The National Health Claims Exchange will be developed as a digital platform, for settling the health claims. Chairman of IRDAI, Debasish Panda, has ..

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MHI- MSDE sign MoU to facilitate training in Engineering Trades

July 4, 2022

Ministry of Heavy Industries (MHI) and Ministry of Skill Development & Entrepreneurship (MSDE) recently signed a Memorandum of Understanding (MoU) for creating a collaborative ecosystem, which will imparting skill development training in capital goods sector. Key Points Partnership between MHI ..

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ONDC: ‘Grand Hackathon’ on Agriculture

July 2, 2022

Open Network for Digital Commerce (ONDC) recently organised a three-day “Grand Hackathon”, in collaboration with NABARD. About Grand Hackathon The Grand-Hackathon was held in hybrid mode, at the Bombay Stock Exchange in Fort, Mumbai. It is subdivided into two categories ..

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Business Reforms Action Plan (BRAP), 2020

July 2, 2022

On June 30, 2022, Union finance minister Nirmala Sitharaman released the ‘Business Reforms Action Plan (BRAP), 2020’, and presented assessment report of states and union territories. Key Points In the Business Reforms Action Plan (BRAP) 2020, states have been categorized ..

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RBI Financial Stability Report- June 2022

July 2, 2022

The Reserve Bank of India (RBI) recently published its Financial Stability Report for June 2022. Highlights This edition of the RBI report includes a survey of international regulatory and supervisory practices, which are applied to BigTech entities. In its survey, ..

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Ramagundam: India’s largest floating Solar Power Project

July 2, 2022

India’s largest floating solar power plant was made fully operational by NTPC at Ramagundam, Telangana. About the floating solar power plant The capacity of solar plant is 100 MW. It is powered with advanced technology and environment friendly features. The ..

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SBI: Authorisation to issue of Electoral Bonds

July 2, 2022

The Union Government authorised the State Bank of India (SBI) for issue of and encashing Electoral Bonds through its 29 Authorised Branches. What are Electoral Bonds? Electoral bonds are instruments through which anyone can donate money to political parties. Electoral ..

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Financial Services Institutions Bureau (FSIB)

July 2, 2022

Union government has transformed the “Banks Board Bureau (BBB)” into “Financial Services Institutions Bureau (FSIB)”, through some amendments. Highlights Banks Board Bureau (BBB) was the head-hunter for directors of state-owned banks as well as financial institutions. Amendments were needed, because in ..

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