About GI Tag A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign …
About PIDF Scheme Operationalised in 2021, the Payments Infrastructure Development Fund (PIDF) Scheme aims at incentivising the deployment of payment acceptance infrastructure such as physical Point of Sale (PoS), Quick Response (QR) codes in tier-3 to tier-6 centres, north-eastern states …
About PLFS In India, the National Statistical Office (NSO) has been quinquennially (over a period of five years) collecting data on employment and unemployment but from 2017 onwards, the Periodic Labour Force Survey (PLFS) was launched by the NSO to …
About GeM Launched in 2016, the Government e-Marketplace (GeM) is a 100 percent government-owned company setup under the aegis of the Ministry of Commerce and Industry. It is a completely paperless, cashless and system driven e-market place that enables procurement …
What is it? Foreign Exchange Reserve indicates the reserves held by RBI in the form foreign currency assets, gold, SDR and reserve tranche. Components of foreign exchange reserve: Foreign Currency Assets: Currencies of foreign countries are held in foreign exchange …
What’s in the news? The Micro, Small and Medium Enterprises, MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities. Union MSME Minister Narayan Rane highlighted the important role of the Udyam portal in facilitating this …
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 …
About the scheme The Production Linked Incentive (PLI) aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies …
About the Scheme Sovereign Gold Bonds (SGBs) are bonds that are issued by the RBI on behalf of the Government on payment of rupees but denominated in grams of gold. The value of these bonds is tied to the value …