Export Credit Guarantee Corporation of India Subject – Economy Context – Cabinet approves ECGC listing, ₹6,000 crore for export cover Concept – The Cabinet on Wednesday approved an infusion of more than ₹6,000 crore into entities providing export insurance cover to facilitate additional exports worth in excess of ₹5.6 lakh crore over the next five years. It also approved […]
Human capital Subject – Economy Context – At the height of the Covid-19 pandemic, the World Bank released the 2020 report of the Human Capital Index (HCI Concept – The HCI is an attempt to measure investments and improvements required in health, schooling, and nutrition around the world. Human Capital is the productive […]
Electronic Gold Receipts (EGRs) Subject – Economy Context – SEBI clears norms for gold exchanges Concept – The Securities and Exchange Board of India (SEBI), approved the framework for a gold exchange as well as for vault managers, facilitating trading in securities tied to the yellow metal. The markets regulator’s approval for the […]
Foreign Trade Policy 2015-2020 Subject – Economy Context – Centre to extend foreign trade policy till March ’22 Concept – It provided a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in keeping with the “Make in India” vision of Prime Minister. The focus of the new […]
Capital Expenditures Subject – Economy Context – Spends lagging, FinMin asks ministries to step up capex Concept – To know about Capital expenditures, please click here.
Import Export Codes Subject – Economy Context – government is making it mandatory to update Import Export Codes Concept – The government is set to start deactivating Import Export Codes (IECs) for firms that have not given updated information to the government starting October 6. An IEC is a business identification number that […]
Types of Market Structures Subject – Economy Context – Last week, the Competition Commission of India found that three beer companies had colluded to fix beer prices for a full decade — between 2009 and 2018. As a result, the CCI slapped a penalty for cartelisation in the sale and supply of beer […]
All India Quarterly Establishment-based Employment Survey Subject – Economy Context – Nine sectors employ 3.08 crore in Q1 Concept – The report said that the overall employment numbers had increased by 29% from the base year of 2013-14. However, in the first quarter of this fiscal (April-June 2021), 27% of the establishments surveyed […]
Government Borrowings Subject – Economy Context – Govt pegs H2 borrowing at ₹5.03-lakh cr Concept – The Finance Ministry pegged the government borrowing for the second half of 2021-22 at ₹5.03-lakh crore. The buoyancy in tax collections so far in the current fiscal has played a key factor in ensuring that overall borrowing […]