Tag Economics

Smart Cities Mission

• The Central Government has released more than 27 thousand crore rupees so far under the Smart Cities Mission. Over 22 thousand crore rupees has already been utilized out of the total released amount. Six thousand 452 projects worth more…

Minimum Support Price

• The Union Cabinet has given its approval to increase the Minimum Support Prices for copra increased to 10,590 rupees per quintal for 2022 season from 10,335 rupees per quintal. About MSP • Minimum Support Price (MSP) is a form…

Fugitive economic offender

• Union Finance Minister Nirmala Sitharaman informed the Lok Sabha that banks have recovered ₹13,109.17 crore by selling the assets of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi. About: • Talking about the recovery of ₹13,109.17 crore from…

Battery Energy Storage System

• Solar Energy Corporation of India (SECI) has awarded a contract for setting up a 100 MW (AC) solar with 40 MW/120 MWh Battery Energy Storage System (BESS) project to be set up at Rajnandgaon, Chhattisgarh. About: • The project,…

‘LogiXtics’ Hackathon

• The Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) Hackathon – ‘LogiXtics’ in order to crowdsource more ideas that will benefit the logistics industry. About: • ULIP is designed to…