Definition: Employment Linked Incentive (ELI) is a proposed policy framework aimed at directly incentivizing companies based on the number of new jobs they create. Unlike traditional incentive schemes like Production Linked Incentives (PLI), which reward companies based on their production …
News: The Ministry of Commerce and Industry has extended the Interest Equalisation Scheme for pre- and post-shipment rupee export credit for Micro, Small and Medium-scale (MSME) exporters till August 31. Through the scheme, banks provide loans to exporters at reduced …
About NMP Pursuant to the announcement made in the Union Budget 2021-22, the National Monetisation Pipeline (NMP) was prepared by NITI Aayog in collaboration with the concerned Infrastructure Ministries. NMP lists out assets and asset classes, under various infrastructure ministries, …
What is a Planet Parade? Planet parade also known as Planetary alignment is a term referred to a rare positioning of planets in the solar system. The planets gather closely on one side of the Sun at the same time, …
What is the Sensex at the BSE? Both the Sensex and Nifty are tools by which traders and market participants measure the domestic market’s performance. While Sensex considers 30 stocks; the Nifty considers 50. Companies that are included in the …
About Base effect refers to the impact of the rise in price level in the previous year over the corresponding rise in price levels in the current year. For example: While calculating inflation, if the price index had risen at …
Introduction The soil ecosystem is a remarkable and complex network of organisms and abiotic factors that interact in a dynamic environment beneath our feet. From microscopic bacteria to burrowing mammals, soils support a diverse array of life forms, playing a …
News: According to the Ministry of Defence, India’s defence exports crossed ₹21,000 crore, approximately $2.63 billion. The recent figures indicated that the defence exports have grown by 31 times in the past 10 years as compared to FY 2013-14. India …
What’s in the news? The Union Cabinet has approved the “Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)”, a Central Sector Sub-scheme under the Pradhan Mantri Matsya Sampada for formalization of the fisheries sector and supporting fisheries micro and small enterprises. …