PM GatiShakti — National Master Plan Subject – Economy Context – Prime Minister Narendra Modi launched the “PM GatiShakti — National Master Plan” Concept – Prime Minister Narendra Modi launched the “PM GatiShakti — National Master Plan” for infrastructure development aimed at boosting multimodal connectivity and driving down logistics costs. PM GatiShakti is […]
E-shram portal Subject – Economy Context – E-shram portal for unorganised sector to be linked to 3 welfare schemes by year-end Concept – After launching the first-ever national database of unorganised workers, the labour ministry is now looking at linking welfare schemes with the e-Shram portal to ensure the workers are able to […]
Coal stocking norms for power plants Subject – Economy Context – Coal stocking norms for power plants to be eased to avert crisis Concept – India has decided to simplify its coal stocking regulations for thermal power plants, mandating them to maintain fuel inventories based on a specified plant load factor to avert […]
Govt removes export restrictions on diagnostic kits and reagents Subject – Economy Context – Govt removes export restrictions on diagnostic kits and reagents Concept – The Centre has removed restrictions on the export of all diagnostic kits and reagents, including instruments used in detection of Covid infection, making exports free as there are […]
Non power consumption of coal Subject – Economy Context – Coal’s now only for power and profits Concept – State-owned Coal India has asked its subsidiaries not to auction coal, except for the power sector. “In view of the current low stock position at the powerhouse end, supply of coal is being prioritised […]
Capital Account Convertibility Subject – Economy Context – India On Verge Of Achieving Capital Account Convertibility: RBI Deputy Governor Concept – India is on the cusp of fundamental shifts in the capital account convertibility space, with increased market integration in the offing and freer non-resident access to debt on the table, according to […]
Customs duty waiver on edible oil imports Subject – Economy Context – Commerce Minister Piyush Goyal announced that the government has decided to waive customs duty on import of crude sunflower, palm and soyabean oil, a move aimed at controlling their prices. Concept – Commerce Minister Piyush Goyal announced that the government has […]
Palm Oil Imports Subject – Economy Context – Palm oil imports surge to record in September Concept – India palm oil imports in September were the most ever since it began buying in the commodity from Malaysia and Indonesia in 1996, while the country’s purchase of edible oils itself hit a new high […]
India’s coal crisis Subject – Economy Context – The Prime Minister’s Office reviewed the coal stock situation in India’s thermal power plants in a meeting with senior officials of the coal and power ministries. Concept – India’s thermal power plants currently have an average of four days worth of coal stock against a […]