Current Affairs - Indian Economy

Grant-in-aid to Rural Local Bodies

On 30th August the Department of Expenditure, Ministry of Finance has released an amount of Rs. 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies. This Grant-in-aid is the 1st installment of Tied grants of the year 2021-22.

  • The grants have been released as per the recommendations of the 15th Finance Commission.

Account Aggregator Network: A Financial Data-sharing System

Recently India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records ...

Production Linked Incentive (PLI) Scheme for Textiles

The Government has approved Production Linked Incentive (PLI) Scheme for Textiles - for MMF Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. ...

Grant-in-aid to Rural Local Bodies

On 30th August the Department of Expenditure, Ministry of Finance has released an amount of Rs. 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies. This ...

Pilot Launch of International Bullion Exchange

On 18th August 2021, Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority (IFSCA), launched the pilot run/soft launch of the International Bullion Exchange which is scheduled to go live ...

DAHD sets up Dairy Investment Accelerator

The Department of Animal Husbandry & Dairying (DAHD), Government of India, with a view to provide dedicated focus towards promoting & facilitating investments in the Indian Dairy sector, has setup ...

DBT Approves Funding For MRNA-based COVID-19 Vaccine - HGCO19 For Clinical Trials

The Department of Biotechnology (DBT), Ministry of Science & Technology has approved additional funding towards clinical studies of India's 'first of its kind' mRNA-based COVID-19 vaccine - HGCO19, developed by ...

Pradhan Mantri Swasthya Suraksha Nidhi

On 10th March 2021, the Union Cabinet has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of ...

Fishery Sector In Budget 2021-22

Finance Minister has allocated an amount of Rs. 1220.84 crores for the Department of Fisheries, which is the highest ever annual budgetary support for the Department. This marks a 34% ...

National Non-Communicable Disease Monitoring Survey (NNMS)

Union Health Minister released the ‘National Non-communicable Disease Monitoring Survey (NNMS)’, the largest comprehensive national Survey on risk factors and health systems preparedness of Non-Communicable Diseases (NCDs).NNMS was conducted during ...

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