Economy

National Cooperative Development Corporation (NCDC) has introduced YuvaSahakar-Cooperative Enterprise Support and Innovation Scheme.  This is a youth friendly scheme which will attract youths to cooperative business ventures.  The scheme will be linked to Rs.1000 crore Cooperative Start-up and Innovation Fund (CSIF)‘.  The scheme envisages 2% less than the applicable rate of interest on term loan … Read more DMPQ:YuvaSahakar Scheme

World Food Programme It is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. It was formally established in 1963 by the FAO and the United Nations General Assembly. Head Quartered at Rome. The operations are funded by voluntary donations from world governments, corporations and … Read more DMPQ: Short Note on World Food Programme.

Project Saksham: The project is for creation of a New Indirect Tax Network (System Integration) of the Central Board of Excise and Customs.  The project will help in Implementation of Goods and Services Tax (GST),  Extension of the Indian Customs Single Window Interface for Facilitating Trade (SWIFT) and  Other taxpayer-friendly initiatives under Digital India and … Read more DMPQ- A) Project Saksham B) Tejaswani

Green GDP is a term used generally for expressing GDP after adjusting for environmental damage.The System of National Accounts (SNA) is an accounting framework for measuring the economic activities of production, consumption and accumulation of wealth in an economy during a period of time. When information on economy’s use of the natural environment is integrated … Read more DMPQ- Short Note on Green GDP.

Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta. Bad loans of up to ₹ 50 crore will be managed at the bank level, with a deadline of 90 days. For bad loans of ₹ 50-500 crore, banks will enter an inter-creditor agreement, authorizing the lead bank to implement a resolution plan in 180 days, … Read more DMPQ- What is Project Sashakt?

The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005. 2. After extensive consultations, the SEZ Act, 2005, supported by SEZ Rules, came into effect in, 2006, providing for drastic simplification of procedures and for single window clearance on matters relating to central as well as state governments. The main objectives of … Read more DMPQ- Discuss India’s SEZ policy.

Digital Locker is one of the key initiatives under the Digital India Programme- External website that opens in a new window. A beta version of the same has been already released by the Department of Electronics and Information Technology (DeitY), Govt. of India. Digital Locker is aimed at minimizing the usage of physical documents and enable sharing of e-documents across agencies. … Read more DMPQ- What is digital locker? What are the objectives of Digital locker?

It is an information repositorythat collates all loan information of individuals andcorporate borrowers. A credit repository helps banks distinguish between a bad and a good borrower andaccordingly offer attractive interest rates to good borrowers and higher interest rates to badborrowers. The move is based on the recommendations of a committee, headed by Y.M.Deosthalee.PCR will address … Read more DMPQ: What are the uses of Public credit registry?(Economics)

It is a Central Sector Scheme under which the CGST and Central Government‘s share of IGST paid by Charitable Religious Institutions on purchase of specific raw food items shall be reimbursed to them.  The charitable religious institutions include Temples, Gurudwara, Dharmik Ashram, Mosques, Dargah, Church, Matth, Monastries etc. The objective of the scheme is to … Read more DMPQ: SevaBhoja yojana ( Scheme)

P-Notes or Participatory Notes are Overseas Derivative Instruments that have Indian stocks as their underlyingassets.  These instruments are issued by foreign portfolio investors (FPIs) registered with SEBI. It allows foreign investors to buy stocks listed on Indian exchanges without being registered with SEBI.  It gained popularity as foreign institutional investors (FIIs) started betting on stocks … Read more DMPQ- What is P Note? What is the concern associated with P Note?