Economics News
PLI Scheme
Finance Minister Nirmala Sitharaman hinted on Thursday, and said the government is open to introducing a production-linked incentive (PLI) scheme for investments in the chemicals and petrochemicals sectors.
posted by 28th Jul 2023
NEW ACCOUNT SETTLEMENT SYSTEM
The new account settlement mechanism for the stock brokerage business will go into effect on October 1.
posted by V.P.Nimbalkar 23rd Sep 2022
Tourism Development
The Government of India recently presented an ambitious strategy for the tourist industry, with long-term income goals of $1 trillion by 2047, when the nation turns 100, and recovery to pre-pandemic levels by 2024, a $250 billion contribution to GDP by 2030, and a global leader by 2047
posted by V.P.Nimbalkar 21st Sep 2022
Essential Medicines
During the introduction of the National Lists of Essential Medicines (NLEM) 2022, Dr. Mansukh Mandaviya, Union Minister for Health and Family Welfare, spoke about the significance of NLEM
posted by V.P.Nimbalkar 14th Sep 2022
RBI rate Increase
The Reserve Bank of India's Monetary Policy Committee (MPC) raised the policy repo rate by 50 bps to 5.4%.
posted by V.P.Nimbalkar 6th Aug 2022