Terms and Terminologies

  • Backward and Forward Linkages: Backward linkages refer to consolidation of chains from farm to processing centres and integration with ancillary industries. Forward linkage refers to consolidating the chain from processing industries to markets.
  • Zero Budget Natural Farming: A method of chemical free agriculture using traditional Indian farming methods such as jeevamrutha – a mixture of cow dung and aged desi cow urine, jaggery, pulse flour, water and soil.
  • Integrated Farming System: In this system, agriculture can be integrated with livestock, poultry and fish, maintained at same place to generate employment round the year and also get additional income.
  • Unicorns: Unicorn is a term used in the venture capital industry to describe a privately held startup company with a value of over $1 billion.
  • Central Bank Digital Currency: These are digital tokens issued by a central bank. They are pegged to the value of the National currency.
  • Neo Bank: A neobank is a kind of digital bank without any branches. Rather than being physically present at a specific location, neobanking is entirely online.
  • Bad Bank: A bad bank is a corporate entity that separates the risky assets held by banks in a separate entity by buying non-performing Assets and clearing Commercial Bank’s balance sheet.
  • Angel Tax: Angel Tax is a direct tax payable on capital raised by a start-up firm through the issue of shares when the share price is higher than the fair market value of the shares sold.
  • Multi-modal Transportation: It is the movement of goods from one point to another - using different modes of transport - to improve the efficiency of transport network.
  • Greenfield Project: It refers to a project which has to be executed completely from the beginning without any prior work done.