What’s in the news? Invest India, the National Investment Promotion and Facilitation Agency of the Government of India, and the current President of the World Association of Investment Promotion Agencies (WAIPA), under the aegis of the Department for Promotion of …
About MPC The Monetary Policy Committee (MPC) is a committee of the RBI which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level. Under the flexible inflation …
About the Index The Climate Change Performance Index (CCPI) is developed by non-governmental organizations Germanwatch and NewClimate Institute (Germany) together with the Climate Action Network, a global network of environmental NGOs. Published annually since 2005, CCPI is an independent monitoring …
About the scheme The Government had announced the Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit to eligible exporters. The Scheme was launched in 2015 and was initially valid for 5 years. The Scheme continued thereafter, including …
About UPI Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to …
Context Amid Israel’s ongoing military attacks on the Gaza Strip, United Nations Secretary-General Antonio Guterres has invoked Article 99 of the UN Charter in a bid to establish a ceasefire. What is Article 99 of the UN Charter? The UN …
About the Yojana The Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi, PM-DAKSH Yojana is being implemented by the Ministry of Social Justice and Empowerment from 2020-21. The scheme aims to cover marginalized persons of Scheduled Castes, Other Backward Classes, Economically …
About In 2022, the government of India launched the pilot phase of open network for digital commerce (ONDC) with an aim to democratise the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — …
About PMFBY PMFBY, launched in 2016, provides a comprehensive insurance cover against crop damage or loss arising out of unforeseen events thus helping in stabilising the income of the farmers and encouraging them for adoption of innovative practices. The …