Economics: Point-Wise Current-Affairs/GS Articles 2019 (Including PIB)- Download PDF

  • Oct 4, 2018
  • 1 🌟 G20 Member Nations to Promote Policies That Bridges All Forms of Digital Divide (Important) [ Economy, International Relations/Organizations ]

    At G20 Digital Economy Ministerial Meeting in Argentina, G20 ministers & senior officials issued declaration that reflects G20’s commitment towards promoting policies & actions that catalyze digital transformation.

    Image of G20 Member Nations to Promote Policies

    Image of G20 Member Nations to Promote Policies

    Image of G20 Member Nations to Promote Policies

    … (800 more words) …

  • 2 Govt. of India & the World Bank Sign $300 Million Agreement to Help Scale-Up India’S Energy [ Economy, Environment/Ecology ]

    Union Govt. (Finance Ministry) inked $220 million Loan Agreement w/World Bank to scale-up India’s Energy Efficiency Program. It also signed $80 million guarantee agreement w/World Bank.

     Image of WRI India

    Image of WRI India

    Image of WRI India

    • Loan will be provided to EESL by World Bank thru

    … (275 more words) …

  • Oct 3, 2018
  • 1 Ayushman Bharat 10,000 Jobs to Be Created Under National Health Protection Scheme [ Policy/Governance, Economy ]

    At least 10,000 new jobs will be created w/implementation of Centre’s ambitious Ayushman Bharat-National Health Protection Mission (AB-NHPM). It aims to provide cover of Rs. 5 lakh per family annually to 10 cr. poor families, according to government official.

    Image of health Protection Scheme

    Image of Health Protection Scheme

    Image of health Protection Scheme

    … (218 more words) …

  • Oct 2, 2018
  • 1 Demonetization and Its Impact on Tax Collection and Formalization of the Economy [ Policy/Governance, Economy ]

    Reserve Bank has released its reports 2 times stating that demonetized Notes of Rs. 500 & Rs. 1000 are substantially deposited in Banks. Because most of currency came back into Banks, object of Demonetization has not succeeded.

    Image of Demonetization and its impact on Tax collection

    Image of Demonetization and Its Impact on Tax Collection

    Image of Demonetization and its impact on Tax collection

    … (266 more words) …

  • 2 Steps for Reducing Tax Litigations [ Policy/Governance, Economy ]

    GoI has decided to increase threshold monetary limits for filing Departmental Appeals at various levels, be it Appellate Tribunals, High Courts & Supreme Court in the following manner.

    Table contain shows the Appeal Fora and Present limit for filing appeal

    Table contain shows the Appeal Fora and Present limit for filing appeal

    … (537 more words) …

  • Oct 1, 2018
  • 1 CCI Passes Lesser Penalty Provisions Against Broadcasting Service Providers [ Economy ]

    Case was taken up by Competition Commission of India (‘CCI’) under Section 19 of Competition Act, 2002 (‘the Act’) based on disclosure by Globecast India Private Limited & Globecast Asia Private Limited under Section 46 of Act read w/Competition Commission of India Regulations, 2

    … (366 more words) …

  • 2 India, ADB Sign USD 375 Million Pact to Develop Visakhapatnam-Chennai Industrial Corridor [ Economy, International Relations/Organizations ]

    India & Asian Development Bank (ADB) signed USD 375 million loan agreement to develop 800 km long Visakhapatnam-Chennai Industrial Corridor on 24th February 2017.800 km long Visakhapatnam-Chennai Industrial Corridor is 1st phase of planned 2500 km East Coast Economic Corridor. Ea

    … (401 more words) …

  • Sep 27, 2018
  • 1 🌟 Setting Up of Ten Indigenous Nuclear Power Reactors (Important) [ Economy, Govt. Schemes/Projects ]

    Government gave administrative approval & financial sanction to establish 10 indigenous Pressurised Heavy Water Reactors (PHWRs) of 700 MW each in fleet mode. For other sites, Environmental Clearance is in process. Procurement of long manufacturing cycle equipment, human resource

    … (557 more words) …

  • Sep 24, 2018
  • 1 Sagarmala Initiative: Hi-Tech Labs in CEMS, Visakhapatnam [ Economy, Govt. Schemes/Projects ]

    Centre of Excellence in Maritime & Shipbuilding (CEMS) has said that, its hi tech labs at Visakhapatnam are in ready state to commence orientation programmes for trainees. CEMS is well-funded startup in skill development for maritime & shipbuilding sector.

    Image of vision of sagarmala

    Image of Vision of Sagarmala

    Image of vision of sagarmala

    … (117 more words) …

  • Sep 21, 2018
  • 1 Exploitation of Atomic Minerals in India [ Economy ]

    10.98 million tonnes of resources of Molybdenum Ore is located in Tamil Nadu, but Department of Atomic Energy (DAE) has not taken up any project for exploitation of Molybdenum available near Harur Taluk, Dharmapuri District in Tamil Nadu.

    Map of Molybdenum available near Harur in Tamil Nadu

    Map of Molybdenum Available Near Harur in Tamil Nadu

    Map of Molybdenum available near Harur in Tamil Nadu

    … (760 more words) …

  • 2 GST Council Cuts Rate on 88 Items on 21 July 2018 [ Economy ]

    GST Council in its 28th meeting on 21st July, 2018, reduced Goods & Services Tax (GST) rates on 88 various goods & rationalised rates on various services. GST exempted from various services in sectors like agriculture, education & social security.

    Table contain shows GST Rates Reduction

    Table contain shows GST Rates Reduction

    GST Rates Reduction

    28 % to 18%

    28 % to 12%

    18%, 12%, 5 % to Nil

    12 % to 5%

    18 % to 12%

    18 % to 5%

    Paints & varnishes

    Fuel Cell Vehicle

    Stone/Marble/Wood Deities

    Chenille fabrics

    Bamboo flooring

    Ethanol for sale to Oil Marketing Companies

    Glaziers’ putty, grafting putty, resin cements

    Rakhi

    Handloom dari

    Brass Kerosene Pressure Stove

    Solid bio fuel pellets

    Refrigerators, water cooler

    Sanitary Napkins

    Phosphoric acid

    Hand Operated Rubber Roller

    Washing machines

    Coir pith compost

    Knitted cap

    Zip & Slide Fasteners

    Lithium-ion batteries

    Sal Leaves siali leaves & their products

    Vacuum cleaners

    Raw material for Jhadoo

    Domestic electrical appliances

    Khali dona

    Storage water heaters, hair dryers, hand dryers

    Circulation & commemorative coins, sold by SPMCIL to Finance Ministry

    Televisions up to size of 68 cm

    Crane lorries, fire fighting vehicle, concrete mixer lorries

    Trailers & semi-trailers

    … (423 more words) …

  • Sep 18, 2018
  • 1 MCA Has Constituted a 10-Member Committee to Review the Offences Under the Companies Act, 2013 [ Economy, Committees/Govt. Bodies ]

    Ministry of Corporate Affairs (MCA) constituted 10 Member Committee to review penal provisions in Companies Act, 2013. Committee headed by Secretary of Ministry of Corporate Affairs will examine ‘de-criminalisation’ of certain offences.

    Image of the Companies Act

    Image of the Companies Act

    Image of the Companies Act

    … (430 more words) …

  • Sep 14, 2018
  • 1 🌟 What is Govt’S 5-Pronged Strategy on Bad Loans? It Has near-Term Challenges (Important) [ Policy/Governance, Economy ]

    5-pronged strategy recommended by panel of bankers for resolution of bad loans is useful long-term concept, but tighter deadlines & near-term funding challenges remain. For scrutiny on bankers on their commercial decisions, govt. non-interfering steering committee is proposed.

    Image of Project Sashakt

    Image of Project Sashakt

    Image of Project Sashakt

    … (305 more words) …

  • Sep 12, 2018
  • 1 🌟 India Tops France to Become World’S 6th Largest Economy (Important) [ Economy ]

    India has now become world’s 6th largest economy, pushing past France, according to updated World Bank figures for 2017. US remains world’s largest economy followed by China, Japan, Germany, & Britain.

    Image of The world;s top 10 economies

    Image of The World; S Top 10 Economies

    Image of The world; s top 10 economies

    … (428 more words) …

  • Sep 11, 2018
  • 1 What is Bharat 22? Further Fund Offer of Bharat – 22 ETF Resounding Success [ Economy ]

    2nd tranche of Bharat 22 ETF was subscribed 2.3 times on final day of offering, w/issue garnering subscription to tune of Rs. 14,000 cr. Thru Bharat 22 ETF, comprising shares of 22 companies, govt. had targeted to mop up Rs. 6,000 cr. w/green-shoe option of another Rs. 2,400 cr.

    … (414 more words) …

  • Sep 10, 2018
  • 1 Key Decisions of 3rd Annual Meeting of AIIB Held in Mumbai [ Economy, International Relations/Organizations ]

    3rd Annual Meeting of Asian Infrastructure Investment Bank (AIIB) concluded in Mumbai, Maharashtra to raise its lending capacity to boost prosperity & security in Asia. Meeting was jointly organised by Department of Economic Affairs under Union Finance Ministry & AIIB.

    Image of Key Decisions of 3<sup>rd</sup> Annual Meeting of AIIB

    Image of Key Decisions of 3rd Annual Meeting of AIIB

    Image of Key Decisions of 3rd Annual Meeting of AIIB Held in Mumbai

    … (447 more words) …

  • 2 🌟 Electoral Bond Scheme 2018 (Important) [ Policy/Governance, Economy ]

    Govt. notified Electoral Bond Scheme 2018 via Gazette Notification. Electoral Bonds may be purchased by person, who is citizen of India or incorporated or established in India. Person being individual can buy Electoral Bonds, either singly or jointly w/other individuals.

    Image of Electoral Bond Scheme 2018

    Image of Electoral Bond Scheme 2018

    Image of Electoral Bond Scheme 2018

    … (278 more words) …

  • Sep 9, 2018
  • 1 National Generic Document Registration System Adopted in Punjab and Andaman& Nicobar Islands [ Economy, Govt. Schemes/Projects ]

    Union Ministery for Rural Development, Panchayati Raj & Mines inaugurated National Generic Document Registration System (NGDRS) in all sub-registrar offices in Andaman & Nicobar Islands & Punjab from New Delhi thru Video-Conferencing.

    Image of National Generic Document Registration System

    Image of National Generic Document Registration System

    Image of National Generic Document Registration System Adopted in Punjab

    … (224 more words) …

  • 2 NITI Aayog Partners with GNFC Ltd to Implement Fertilizer Subsidy Disbursement [ Science/Technology, Economy, Agriculture/Agro Industries ]

    NITI Aayog & Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) have signed Statement of Intent (SOI) to work together towards implementing Proof-of-Concept (“PoC”) application using Blockchain Technology for fertiliser subsidy management on 30th June, 2018.

    Image of NITI Aayog Partners with GNFC Ltd

    Image of NITI Aayog Partners with GNFC Ltd

    Image of NITI Aayog Partners with GNFC Ltd

    … (166 more words) …

  • 3 Do It Yourself (DIY): Notifiability Check for Mergers & Acquisitions Under Competition Act, 2002 [ Science/Technology, Economy ]

    Competition Commission of India (CCI) launched Online Guidance System for determining notifiability of merger & acquisitions (combinations) in terms of Competition Act. Guidance System is named as “Do It Yourself (DIY): Notifiability check for mergers & acquisitions under Competi

    … (212 more words) …

  • Sep 6, 2018
  • 1 Commerce Minister Releases National Strategy for Standardization [ Economy ]

    Union Ministry of Commerce & Industry released draft Indian National Strategy for Standardization for standardization of products & services to provide level playing field to domestic industry & adopt best global practices.

    Image of 5<sup>th</sup> National Standards Conclave

    Image of 5th National Standards Conclave

    Image of 5th National Standards Conclave

    … (289 more words) …

  • Sep 3, 2018
  • 1 Revitalising Infrastructure and Systems in Higher Education (RISE) by 2022 [ Education, Economy ]

    CCEA approved expanding scope of Higher Education Financing Agency (HEFA) by tasking it to mobilise Rs. 1,00,000 cr. for Revitalizing Infrastructure & Systems in Education (RISE) by 2022. Proposal called for enhancing capital base of HEFA to Rs. 10,000 cr. From present 2000 cr.

    … (437 more words) …

  • 2 Women Entrepreneurs Platform: NITI Aayog’S WEP Signs SoI with Financial Institutions & Social Org. [ Economy, Govt. Schemes/Projects, Women/Minority Empowerment ]

    Women Entrepreneurs Platform (WEP) of NITI Aayog on 27th June, 2018 signed 5 separate Statements of Intent (SoIs) w/financial institutions & social organizations. It aims to address knowledge gaps, promote partner connects & increase outreach of partner programmes.

    Image of Women Entrepreneurs Platform

    Image of Women Entrepreneurs Platform

    Image of Women Entrepreneurs Platform

    … (385 more words) …

  • Aug 31, 2018
  • 1 Shram Suvidha Portal for Industrial Compliance [ Science/Technology, Policy/Governance, Economy ]

    Ministry Labour & Employment has developed Shram Suvidha Portal in central sphere to create conducive environment for industrial development. The Unified Shram Suvidha Portal is developed to facilitate reporting of Inspections, and submission of Returns.

    Image of Shram Suvidha Portal for Industrial Compliance

    Image of Shram Suvidha Portal for Industrial Compliance

    Image of Shram Suvidha Portal for Industrial Compliance

    … (164 more words) …

  • 2 Where are EVMs Made? New EVM Production Facility Inaugurated at Bharat Electronics [ Science/Technology, Policy/Governance, Economy ]

    Bharat Electronics Ltd (BEL) empowers world’s largest democracy, India, by providing Electronic Voting Machine (EVM) for various kinds of election. It has got 2 units, Control Unit (CU) & Ballot Unit (BU).

    Image of Indian Electronic Voting Machine

    Image of Indian Electronic Voting Machine

    Image of Indian Electronic Voting Machine

    … (541 more words) …

  • Aug 30, 2018
  • 1 Post Bank of India: Financial Facilities Provided by Post-Office [ Economy ]

    Post Office in India is becoming high tech today. Post office is medium of sending letters & People can avail multiple financial services at Post Offices. Govt. has announced that post office will be converted to bank & it will be known as Post Bank of India. This article will go

    … (969 more words) …

  • 2 Deendayal Port in Kandla to Have an Exclusive, Mechanized Facility for Handling Fertilizer Cargo [ Policy/Governance, Economy ]

    Standing Finance Committee of Ministry of Shipping has cleared project for setting up exclusive, fully mechanized handling facility for fertilizer cargo at Deendayal Port in Kandla.

    Map of Dindayal port in Kandla

    Map of Dindayal Port in Kandla

    Map of Dindayal port in Kandla

    Details of New Facility for Han

    … (392 more words) …

  • 3 🌟 Roles and Functions of CCI: CCI Invites Comments WRT Proposed Merger (Important) [ Economy, Bills ]

    Competition Commission of India (CCI) received notice filed by Linde Aktiengesellschaft (Linde) & Praxair, Inc. (Praxair) in relation to merger of Linde & Praxair under newly incorporated holding company Linde Plc on 11th January, 2018.

    Image of Competition Commission of India

    Image of Competition Commission of India

    Image of Competition Commission of India

    … (545 more words) …

  • Aug 27, 2018
  • 1 What is Zero-Budget Natural Farming to Make Agriculture Profitable [ Economy, Agriculture/Agro Industries ]

    Zero Budget Natural Farming project aims to make farmers of Himachal State adopt organic farming. Project was launched at Chaudhary Sarvan Kumar HP Krishi Vishvavidyalay, Palampur.

    Map of Chaudhary Sarvan Kumar HP Krishi Vishvavidyalay,Palampur

    Map of Chaudhary Sarvan Kumar HP Krishi Vishvavidyalay, Palampur

    Map of Chaudhary Sarvan Kumar HP Krishi Vishvavidyalay, Palampur

    … (261 more words) …

  • 2 Vision 2035 Aviation Document: Civil Aviation Ministry to Prepare a Holistic ‘Vision – 2035’ Doc. [ Policy/Governance, Economy ]

    Centre is finalising strategic vision document for fast growing aviation sector in country to address issues such as infrastructure constraints at airports, boosting air connectivity to smaller towns & developing local human resource.

    Image of Vision 2035 Aviation Document

    Image of Vision 2035 Aviation Document

    Image of Vision 2035 Aviation Document

    … (279 more words) …

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