About the Scheme The Kisan Credit Card (KCC) scheme was introduced in 1998 with the aim of providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for …
Context The Reserve Bank of India (RBI) is in the process of implementing the Central Bank Digital Currency (CBDC) in a phased manner for wholesale and retail segments. The introduction of CBDC was announced in the Union Budget 2022-23, by …
What are P-Notes? P-Notes or Participatory Notes are instruments issued by a registered Foreign Institutional Investor (FII) to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange …
What’s in the news? A study conducted by State Bank of India’s researchers has revealed that only about half of the intended beneficiaries of farm loan waivers announced by nine States since 2014, have actually received debt write-offs. As of …
Background Last year, the Parliament passed three labour law codes that complete the government’s consolidation of 29 labour laws into four codes. The three Acts are the Industrial Relations Code, 2020, the Occupational Safety, Health and Working Conditions Code, 2020 …
About WPI Wholesale Price Index measures and tracks the changes in the price of goods in the stages before the retail level. It provides estimates of inflation at the wholesale transaction level for the economy as a whole. WPI basket …
About the Scheme Under the Rebate of State and Central Taxes and Levies (RoSCTL) scheme, exporters are issued a duty credit scrip for the value of embedded taxes and levies contained in exported products. Exporters get rebate of central and …
About IIP The Index of Industrial Production (IIP) details the growth of various sectors in an economy such as mineral mining, electricity and manufacturing. It is compiled and published every month by the National Statistical Office (NSO) under the Ministry …
Context The Central Consumer Protection Authority (CCPA) has announced five guidelines to prevent unfair trade practices and to protect consumer interests regarding the levy of service charges in hotels and restaurants. The guidelines are in addition to the Centre’s 2017 …
About the Scheme The Kisan Credit Card (KCC) scheme was introduced in 1998 with the aim of providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for …