IMF Trims Growth Rate To 6.1% In 2019

🕔10:08, 16.Oct 2019

In News   The International Monetary Fund (IMF) in April said India will grow at 7.3% in 2019.  The IMF on Tuesday slashed India’s GDP growth projection for the year 2019 to 6.1%, which is 1.2% down from its April

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Detailed analysis of Land Acquisition Act

🕔18:18, 15.Oct 2019

A five-judge Constitution Bench of the Supreme Court is set to hear a case on the interpretation of the Right to Fair Compensation and Transparency in Land Acquisition Act, Rehabilitation Act (LAAR) from October 15. The SC will specifically interpret

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Central Bank’s Stance On Inflation Impacted Growth

🕔17:49, 15.Oct 2019

The slowing of the economy suggests that the central bank’s stance on inflation may have impacted growth Background of the role of RBI in the current slowdown: The Reserve Bank of India (RBI) recently announced its mandatory bi-monthly announcement on

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Jute Industry Told To Step Up Supply Of Sacks For Kharif Crop 

🕔11:11, 15.Oct 2019

The jute industry has been told to step up the supply of gunny bags for the Kharif season or face dilution in the mandatory packaging order now in force to protect the one and a half-century-old industry. Background The jute

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FASTags Will Work As Aadhaar To Track Vehicles

🕔11:05, 15.Oct 2019

Union Minister Nitin Gadkari on Monday called FASTags, a device to make automatic payments at toll booths the equivalent of Aadhaar for vehicles, which will allow the government to track their movement across the country. About the FASTags The government

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ADB $190 million loans for road infrastructure in Rajasthan

🕔18:49, 14.Oct 2019

The Asian Development Bank and the Government of India signed a $190 million loan to upgrade 754 kilometers of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards  About India-ADB Loan Agreement: The sealed loan agreement between

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Many denied PDS rice due to non-seeding of Aadhaar

🕔18:47, 14.Oct 2019

The ‘One Nation, One Ration Card’ scheme seems to be not working in favour of many in Odisha, according to a survey that found that hundreds of people have not been provided rice through the Public Distribution System for two

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India’s First Private Train Violates Railway Tariff Law

🕔17:48, 14.Oct 2019

In news The First private train service flagged off between Lucknow-Delhi-Lucknow route charges a higher fare than the existing Shatabdi Express and other trains on the same route. Issue with the First private train? According to the Railways Act, 1989

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World Bank Cuts India’s Growth Projection To 6%

🕔10:45, 14.Oct 2019

After a broad-based deceleration in the initial quarters of this fiscal year, world bank cuts India’s growth projection to 6%. In 2018-19, the growth rate of the country stood at 6.9%. Findings of the Report : The bank in its

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Indian Economy: Industrial Growth Shrinks In August

🕔15:50, 12.Oct 2019

Industrial growth shrink in August by 1.1%, after a gap of 26 months, reinforcing fears of a Slowing economy and deteriorating consumer sentiment. Current trend in industrial production: Industrial production, as measured by the index of industrial production (IIP) had grown

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