Economy News

Minimum Support Prices (MSP)

The Cabinet Committee on Economic Affairs has increased the minimum support prices for all Rabi crops for the financial year 2024-25. The increase. The increase for, the major rabi crop is rupees 150 per quintal and the new price will be rupees 2,275.

posted by 19th Oct 2023

Prevention of Money Laundering Act

A three-Judge bench headed by Justice Sanjay Kishan Kaul indicated it may if refer any aspect of the PMLA, upheld by a Supreme Court judgement in July 2022 to a constitution bench.

posted by 19th Oct 2023

Regional Comprehensive Economic Partnership

Sri Lanka and Bangladesh are now considering their chances of membership in the 15-nation trading bloc. India walked out of RCEP years ago.

posted by 16th Oct 2023


The reserve bank has decided to discontinue the Incremental Cash reserve ratio in a phased manner. The measure was intended to absorb surplus liquidity generated by various factors, including the return of 2000 rupees noted to the banking system.

posted by 9th Sep 2023

PLI Scheme

The government so Far received registration from 58 companies for the Rs. 17,000 crore IT hardware production linked incentive scheme.

posted by 29th Aug 2023