GNPA ratio may rise up to 11.2% in FY22 : RBI Subject : Economy Context : The gross non-performing asset ratio (GNPA) of India’s scheduled commercial banks (SCBs) may climb by the end of the current fiscal year to as much as 11.2% under a severe stress scenario, from 7.48% in March 2021, […]
India jumps 3 spots in global start up ecosystem rankings Subject : Economy /IR Context : India has jumped three spots up in the global start-up ranking this year, a possible silver lining amid the chaos that the pandemic has wrought upon us. India stands at the 20th spot among the top 100 […]
Farming Black Kadaknath brings cheers to Odisha families in dark COVID 19 times Subject : Economy Context : The Kadaknath, the black, protein-rich breed of chicken from Jhabua in Madhya Pradesh, is changing lives of people in Odisha for the better in these dark days of the novel coronavirus disease (COVID-19) pandemic. The […]
Financial Relief Package for 2nd Wave of COVID 19 Pandemic Subject : Economy Context : Union Finance Minister announced a slew of measures to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic. Concept : Finance Minister announced a relief package of Rs 6,28,993 crore to support Indian economy […]
Government ready with Action Plan to make India Aatmanirbhar in Rock Phosphate- the key raw material of DAP and NPK Fertlisers Subject : Economy Context : In order to improve the availability of phosphaticfertilisers (DAP and NPK) and to reduce the dependence on imports, Minister of State for Chemicals and Fertilisers chaired a […]