• The Centre has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee (MPC). About: • RBI in its report had stressed that the current numerical framework…
Mains Paper 3: Economy Prelims level: Micro Food Enterprises Mains level: Agriculture Measures: • Rs. 1 lakh crores Agri Infrastructure Fund. • Rs. 10,000 crores scheme for Formalisation of Micro Food Enterprises (MFE). • Rs. 20,000 crores for fisherman through…
Mains Paper 3: Economy Prelims level: Minimum Support Price Mains level: Agriculture Introduction: • The Finance Minister Nirmala Sitharaman began her budget (2021-22) speech by stating that the Minimum Support Price (MSP) regime has undergone a sea change to assure…
Mains Paper 3: Economy Prelims level: Not much Mains level: Infrastructure Development Introduction: • Union Budget 2021-22 comes in the 74th year of India’s Independence and 2021 is a milestone year which will witness the 8th Census of Independent India…
Mains Paper 3: Economy Prelims level: PM KISAN portal Mains level: Agriculture Introduction: •The Union Budget of 2021-22 was presented in extraordinary circumstances. The aim and intent of the budget was very coherent. The government’s message was loud and clear;…
Mains Paper 3: Economy Prelims level: Foreign Direct Investment Mains level: Indian Economy, growth and development Introduction: • Investors across the globe have acknowledged India’s tremendous opportunities, scope and potential. • Despite widespread shutdowns across large economies this year, India…
Mains Paper 3: Economy Prelims level: National Infrastructure Pipeline Mains level: Indian Economy, growth and development, infrastructure Introduction: • The focus pillars— Union on infrastructure, Physical Budget and 2021-22 being Financial part has of Capital, one welcome of and the…
Mains Paper 3: Economy Prelims level: GSDP Mains level: Indian Economy, growth and development, infrastructure Introduction: • Grant additional of reform-linked additional borrowing limits to States was first announced in in May, 2020 with the twin objective of pushing reforms…
Mains Paper 3: Economy Prelims level: Minimum Support Price Mains level: Agriculture Introduction: • Minimum of notified Support crops Price as declared (MSP) by is the guaranteed Government price of India for public procurement purpose. It acts as a safety…
Mains Paper 3: Economy Prelims level: 15th Finance Commission Mains level: Indian Economy, growth and development, infrastructure Introduction: • The Fifteenth Finance Commission (FC-XV) was constituted by the President under Article 280 of the Constitution on November 27, 2017. The…
• Centre has tightened the procedure for grant of central funds under Centrally Sponsored Scheme (CSS) through new rules. About new rules: • Each state will be required to set up a Single Nodal Agency (SNA) for each CSS. •…
• The Centre has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee (MPC). • RBI in its report had stressed that the current numerical framework for…
