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AAI received 45 proposals under Regional Connectivity Scheme

3 days ago
Important for Exam: 2 people agreed

The Regional Connectivity Scheme was launched by Union Civil Aviation Minister Ashok Gajapathi Raju on 21 October 2016.

Union Cabinet approves listing of General Insurance Companies at the stock exchanges

3 days ago
Important for Exam: 1 people agreed

Companies that will be listed on stock exchanges are New India Assurance, United India Insurance, Oriental Insurance, National Insurance and General Insurance.

Union Cabinet approved amendment in Modified Special Incentive Package Scheme

3 days ago
Important for Exam: 2 people agreed

The proposed amendments in Modified Special Incentive Package Scheme are expected to create employment opportunities and reduce dependence on imports.

IMF downgrades India’s GDP growth forecast to 6.6%

Jan 17, 2017
Important for Exam: 2 people agreed

The International Monetary Fund expects India’s growth to pick up at a slower pace in 2017-18.

India signs Financing Agreement with World Bank for Nagaland Health Project

Jan 17, 2017
Important for Exam: 0 people agreed

The ambitious project will also invest in improving health services in 177 facilities, including water and sanitation and off-grid electricity backup. It will give a boost state-wide health system, including information, procurement and supply chain management and human resource management systems.

SEBI releases norms for merger and acquisition

Jan 17, 2017
Important for Exam: 2 people agreed

The norms were released with an aim to ensure that shareholders get an equitable treatment at the time of the merger of acquisition.

Goods and Services Tax rollout deferred to 1 July 2017

Jan 17, 2017
Important for Exam: 4 people agreed

Goods and Services Tax (GST) is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

RBI enhances cash withdrawal limit from ATMs to Rs 10000 per day

Jan 17, 2017
Important for Exam: 5 people agreed

Limit on currency withdrawal was imposed after the Union Government on 8 November 2016 announced the scrapping of Rs 500 and Rs 1000 banknotes.

CBDT signed BAPA with Indian subsidiary of Japanese trading company

Jan 16, 2017
Important for Exam: 2 people agreed

Signing of Bilateral Advance Pricing Agreement (BAPA) is a part of the government’s strategy to improve ease of doing business environment in India.

Unemployment in India pegged at 18 million in 2018: ILO

Jan 16, 2017
Important for Exam: 5 people agreed

As per the report, working poverty rates have been declining over the long term and this trend is expected to continue in 2017.

App named 'SEZ India' launched by Commerce Ministry

Jan 16, 2017
Important for Exam: 4 people agreed

Commerce Secretary who launched the app said that the App would help the SEZ Units and Developers to find information easily and track their transactions on SEZ Online System.

MoUs worth Rs. 8835 crore signed in textile sector during Vibrant Gujarat 2017

Jan 13, 2017
Important for Exam: 2 people agreed

The MoUs were signed in the presence of Union Textiles Minister Zubin Irani in Gandhinagar on the sidelines of 8th Vibrant Gujarat Global Summit 2017.

 

Expert Group on SECC submitted report

Jan 13, 2017
Important for Exam: 2 people agreed

The expert group observed that the use of SECC data would lead to better budgetary planning and allocation of resources for various programmes.

Regional Conference of Labour Ministers of Southern States held at Chennai

Jan 12, 2017
Important for Exam: 6 people agreed

In the conference, Union Minister Bandaru Dattatreya highlighted measures under taken by the government to promote financial inclusion such as Pradhan Mantri Rojgar Protsahan Yojana.

World Bank releases January 2017 Global Economic Prospects report

Jan 11, 2017
Important for Exam: 12 people agreed

In its latest report, the World Bank said, immediate withdrawal of a large volume of currency in circulation and subsequent replacement with new notes in November contributed to slowing growth.

Union Government amends Income-tax Rules, 1962 to link PAN in all existing bank accounts

Jan 9, 2017
Important for Exam: 2 people agreed

People, who have bank account but have not submitted PAN or Form No 60 yet, will now be required to submit the PAN or Form No 60 to the bank.

16th meeting of Financial Stability Development Council held in New Delhi

Jan 8, 2017
Important for Exam: 4 people agreed

The 16th meeting of the Financial Stability and Development Council discussed various measures taken by the government and regulators to strengthen the economy.

TRAI released consultation paper on Net Neutrality

Jan 5, 2017
Important for Exam: 0 people agreed

The consultation paper is a part of the measures undertaken by the Department of Telecom and the Telecom Regulatory Authority of India (TRAI) to find an acceptable solution to the issue of net neutrality.

Finland introduces basic income for unemployed

Jan 5, 2017
Important for Exam: 6 people agreed

Finland introduces basic monthly income to tackle the issue of unemployment and poverty. Under the scheme, a basic amount will be provided to 2000 randomly picked citizens on a trial basis for two years.

Union Government launched IPR Enforcement Toolkit for Police

Jan 4, 2017
Important for Exam: 0 people agreed

The IPR Enforcement Toolkit is one of the measures undertaken by Cell for IPR Promotion and Management (CIPAM) to strengthen the IP ecosystem in the country.

CCPA decides to convene Budget Session of Parliament from January 31

Jan 3, 2017
Important for Exam: 2 people agreed

As per sources, the Union Government will present the Union Budget for Financial Year 2017-18 on 1 February 2017.

CBDT extends deadline of Direct Tax Dispute Resolution Scheme

Jan 3, 2017
Important for Exam: 1 people agreed

The scheme was announced in the 2016-17 Budget Speech and came into force on 1 June 2016 with an aim to release about Rs 5.16 lakh crore.

Cash withdrawal from ATMs increased from Rs 2000 to Rs 4500 per day

Jan 1, 2017
Important for Exam: 1 people agreed

In a major relief for the common man, RBI increased the daily limit of ATM withdrawal to Rs 4500 from current Rs 2500 from 1 January 2017.

CCEA approves Road Connectivity Project for Left Wing Extremism Affected Areas

Dec 29, 2016
Important for Exam: 2 people agreed

The project will be implemented under Pradhan Mantri Gram Sadak Yojana (PMGSY) with an aim to provide all-weather road connectivity to all eligible unconnected habitations in rural areas.

World Bank approves USD 235 million for Bihar Rural Roads Project

Dec 29, 2016
Important for Exam: 5 people agreed

The project aims at improving and effectively managing Bihar’s rural road network. It will also suggest better contract management practices to avoid time and cost over-runs. It will also propose better contract management practices to avoid time and cost over-runs.

Ratan P Watal Committee on Digital Payments submitted report to Government

Dec 29, 2016
Important for Exam: 6 people agreed

The committee reviewed the existing framework related to digital payments and suggested 13 key measures to promote cashless transactions.

Nitin Gadkari inaugurated Sagarmala Development Company in New Delhi

Dec 28, 2016
Important for Exam: 2 people agreed

The Sagarmala Development Company is an important milestone in the implementation of Sagarmala Programme of the Union Government.

India’s first Digi Dhan Mela held in Gurugram to promote cashless transactions

Dec 27, 2016
Important for Exam: 10 people agreed

The Digi Dhan Mela was held by the Union Government to show case the efforts to promote digital financial transactions after the demonetisation.

Indian Railways partnered with JICA for Mumbai-Ahmedabad High Speed Rail Project

Dec 22, 2016
Important for Exam: 4 people agreed

Japan International Cooperation Agency (JICA) is an agency of Japan that coordinates developmental activities in the under developed and developing countries.

RBI to issue Rs 500 banknotes with the inset letter ‘R’

Dec 22, 2016
Important for Exam: 7 people agreed

These new notes will be little different from the previous Rs 500 banknotes that came with the inset letter 'E' in both the number panels.

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