NABARD Launches ₹750-Crore Agri Fund to Boost Innovation Sub: Economy Sec:  Infrastructure The National Bank for Agriculture and Rural Development (NABARD) has introduced a new initiative aimed at fostering innovation in agriculture and rural enterprises. The initiative, known as the Agri-SURE fund, is designed to support start-ups and rural enterprises with a substantial […]

    Quality Control Orders (QCOs) on man-made fibres (MMF) Sub: Eco Sec: External Sector Industry players report that the market prices of PSF and VSF increased in FY24 following the implementation of QCOs on these inputs early on in the financial year. Downstream synthetic textile manufacturers are urging the government to revoke Quality Control […]

    SJM Seeks ‘Robot Tax’ for AI-Induced Job Loss Sub : Eco Sec: National Income The Swadeshi Jagran Manch (SJM), affiliated with the Rashtriya Swayamsevak Sangh (RSS), has proposed a ‘robot tax’ to mitigate job losses caused by the adoption of Artificial Intelligence (AI). Robot Tax: Purpose: To cross-subsidize employees who lose jobs due […]

    Industry to Offer Ideas to Ease Compliance Burden Sub: Eco Sec: National Income Union Commerce and Industry Minister addressed the FICCI National Executive Committee meeting emphasizing the government’s efforts to reduce the compliance burden on businesses and decriminalize laws to ease investment inflows. Jan Vishwas Law 2.0: The government is working on a […]

    MSMEs Need Outlays for Technology Upgrades to Aid in Green Transition Sub: Eco Sec: National Income Union Minister for MSMEs has identified six pillars crucial for the growth of the Micro, Small, and Medium Enterprises (MSME) sector: Formalization and Access to Credit: Ensuring MSMEs have access to necessary financial resources. Increased Market Access […]