About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …
What’s in the news? The Union Ministry of MSME has launched the revamped CGTMSE Scheme. CGTMSE has been provided with an additional corpus support of ₹9,000 crore in the Union Budget for FY 2023-24 to revamp its Scheme to provide …
About PMEGP Prime Minister’s Employment Generation Programme (PMEGP) is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises since 2008-09. It is a major credit-linked subsidy programme aimed at assisting first generation entrepreneurs for setting …
About Power Finance Corporation Ltd (PFC) is a Maharatna company and the leading NBFC in Indian power sector. PFC is under the administrative control of the Ministry of Power. It is classified as an Infrastructure Finance Company by the RBI. …
What’s in the news? The Ministry of Tribal Affairs has introduced a new scheme “Marketing and Logistics Development for Promotion of Tribal Products from North -Eastern Region (PTP-NER)” for the benefit of Scheduled Tribes of Northeastern Region. The scheme has …
What’s in the news? India’s overall exports (Merchandise and Services combined) in March 2023 is estimated to be USD 66.14 Billion. Overall imports in March 2023 is estimated to be USD 72.18 Billion. India’s overall exports (Merchandise and Services combined) …
Atal Innovation Mission The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country. AIM’s objective is to develop new programmes and policies …
What is the Financial Services Institutions Bureau (FSIB)? The Financial Services Institutions Bureau has been constituted effective from July 01, 2022, as an autonomous body of Government of India. It replaced the Banks Board Bureau (BBB). FSIB’s mandate is recommending …
About IIP The Index of Industrial Production (IIP) is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base …
Fugitive Economic Offenders Act, 2018 According to the Act, a fugitive economic offender is an individual who has committed specified economic offences involving an amount of Rs 100 crore or more and has absconded from India or refused to come …