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Economy

Agricultural exports: Centre develops a matrix for 50 agricultural products with high export potential

April 11, 2022 by iascurrent
Market System, agricultural exports

Agricultural exports: Despite logistical challenges posed by the COVID-19 pandemic in the form of high freight rates, container shortages, and other factors, India’s agricultural exports exceeded USD 50 billion in 2021-22. The Agricultural and Processed … Read more

Categories Current Affairs, Economy, National, PIB Updates Leave a comment

IMF on poverty: India’s PMGKY eradicates extreme poverty

April 9, 2022April 9, 2022 by iascurrent
Poverty

PMGKY eradicates extreme poverty: Surjit S Bhalla, Karan Bhasin, and Arvind Virmani’s 52-page research also demonstrate that the growth of India’s food subsidy program absorbed a significant portion of the pandemic shock. According to the … Read more

Categories Current Affairs, Economy, International, National Leave a comment

Mr. Piyush Goyal believes education will connect India and Australia, signifies importance of Trade pact

April 9, 2022April 9, 2022 by iascurrent
Exports, piyush GOyal

Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food, Public Distribution, and Textiles, said today that education will serve as a link between India and Australia. He claims that by combining education and … Read more

Categories Current Affairs, Economy, International, National Leave a comment

India’s gold discounts are widening as scrap supplies increase

April 9, 2022April 9, 2022 by iascurrent
Gold Discount

Gold Discount: Physical gold discounts extended in India as scrap supplies climbed despite only a minor recovery in demand, while purchases in top consumer China remained stable despite COVID-19 lockdowns as investors sought safe-haven assets. … Read more

Categories Current Affairs, Economy, National Leave a comment

RBI Monetary Policy | The repo rate has remained constant at 4%

April 9, 2022April 8, 2022 by iascurrent
RBI

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) unanimously decided on April 8 to hold the policy repo rate at 4%, based on an assessment of the macroeconomic condition and forecast. “The MPC … Read more

Categories Current Affairs, Economy, National Leave a comment

The White House warns of the United States ‘escalating vulnerabilities’ as a result of the semiconductor scarcity

April 7, 2022 by iascurrent
White House

On Wednesday, the White House held a private briefing with some US senators on the catastrophic risks to the American economy posed by semiconductor supply chain concerns, as it seeks $52 billion in funds from … Read more

Categories Current Affairs, Economy, International, Science and Technology Leave a comment

Gotabaya Rajapaksa loses majority in parliament

April 6, 2022 by iascurrent
Gotabaya

President Gotabaya Rajapaksa of Sri Lanka lost his parliamentary majority on Tuesday, as a group of lawmakers from the ruling party and its allies sat in the House on their own, abandoning the government, which … Read more

Categories Current Affairs, Economy, International Leave a comment

PIB 1st April: Agriculture’s Adoption of Modern Technology

April 6, 2022 by iascurrent
Union Minister Narendra Singh Tomar on MSP Panel, Agriculture

Agriculture’s Adoption of Modern Technology: Farmers’ use of modern machines and equipment is influenced by a variety of factors, including socioeconomic conditions, geographical conditions, the crop is grown, irrigation facilities, and so on. The Government … Read more

Categories Current Affairs, Economy, National, PIB Updates Leave a comment

PIB Update 1st April: Make in India and Atmanirbhar Bharat Defense Production Initiative

April 6, 2022 by iascurrent
Make in India Logo, India

Make in India: The proposals that were given Acceptance of Necessity (AoN) under the Buy (Global) category of Capital Acquisition in the past have been reviewed as per DAP-2020, and the Defence Acquisition Council (DAC) … Read more

Categories Current Affairs, Economy, National, Science and Technology Leave a comment

World Bank: War shocks would drag Asian economies

April 5, 2022 by iascurrent
World Bank

The World Bank says in a report released Tuesday that the war in Ukraine will affect Asia’s economies in the coming months due to disruptions in commodity supplies, financial constraints, and increased pricing. Slower growth … Read more

Categories Current Affairs, Economy, International Leave a comment
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