About IBBI The Insolvency and Bankruptcy Board of India was established in 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates and amends the …
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 …
About BIS Bureau of Indian Standards (BIS) is the National Standard Body of India established under the BIS Act 2016. BIS is responsible for the harmonious development of the activities of standardization, marking and quality certification of goods. BIS is …
What’s in the news? Government has said that the claims of more than ten thousand Micro, Small and Medium Enterprises (MSMEs) accepted under the Vivad se Vishwas-I scheme. This has led to a grant of more than 256 crore rupees …
Background Merchandise Exports from India Scheme (MEIS) was introduced under Foreign Trade Policy of India (FTP 2015-20), as a part of Exports from India Scheme. The scheme provides incentive in the form of duty credit scrip to exporters to compensate …
About the Initiative The Startup India initiative of the Government of India envisages building a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. Since the launch of the initiative, Startup India has rolled …
About the scheme Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme with 100% funding from Government of India. Aim : To augment the income of the farmers by providing income support to all landholding farmers’ families across …
Context Food security implies that ‘all people, at all times, should have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life’ (FAO). Nutrition security …
About KVIC The Khadi and Village Industries Commission (KVIC) is a statutory body created by an Act of Parliament. It came into existence in 1957. The KVIC took over the work of erstwhile All India Khadi and Village Industries Board. …
What’s in the news? Gross Direct Tax collections for the Financial Year (FY) 2023-24, as of the 16th of this month, have registered a growth of 18.2 percent. The gross collection stands at nine lakh 87 thousand 61 crore rupees …