Get Started with ixamBee
Start learning 50% faster. Sign in now
The dedicated programs for road connectivity (Bharatmala), port infrastructure (Sagarmala), electrification, railways upgradation, and operationalising new airports/ air routes (UDAN) have significantly improved the physical infrastructure in the last few years. The NIP was launched with 6,835 infrastructure projects with a projected infrastructure investment of ₹111 lakh crore. This has expanded to over 9,000 projects across 35 sub-sectors and covers economic and social infrastructure projects jointly funded by the Central Government, State Governments, and the private sector. Based on the pillars of a digital identity Aadhar, linking bank accounts with PM-Jan Dhan Yojana, and the penetration of mobile phones (JAM Trinity), the country has witnessed significant progress in financial inclusion in recent years. The population covered with bank accounts increased from 53 per cent in 2015-16 to 78 per cent in 2019-21 (as per NFHS). International evidence shows that countries at the same level of development have taken almost The creation of digital identities such as Aadhar, registration of unorganised workers on the e-shram portal, street vendors on SVANidhi, taxpaying firms on GSTN, and MSMEs on the Udayam portal, has played a significant role in the inclusion of these groups under the formal economic net. Significant initiatives have been introduced under Aatmanirbhar Bharat and Make in India programmes to enhance India’s manufacturing capabilities and exports across the industries. Sectors pecific Production Linked incentives (PLI) have been introduced in the aftermath of the pandemic to incentivise domestic and foreign investments and to develop global Champions in the manufacturing industry. The government and the RBI took several policy initiatives to help the financial sector recoup the balance sheet stress during the 2010s. Some of these such as the amendment to the SARFAESI Act 2002, implementation of the Insolvency and Bankruptcy Code (IBC), launch of ‘Asset Quality Review’ (AQR), introduction of prompt corrective action (PCA) framework, recapitalisation of Public Sector Banks (PSB), and merger of PSBs among others, helped in cleaning up the balance sheets of banks/corporates.
Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits to ______ % for 2021-22.
A tripartite agreement “Manipur super 50” has recently been signed between SBIF, NEIDO and ___?
Why did the Indian government extend the tenure of the National Commission for Safai Karamcharis (NCSK) until 2028?
RBI has imposed a penalty of ₹2.27 crore based on the deficiencies in regulatory compliance on which Bank?
________ an autonomous body of Ministry of Labour & Employment and Associated Chambers of Commerce & Industry of India (ASSOCHAM) have signed an MoU to ...
India's first Agricultural Data Exchange (ADEX) and Agricultural Data Management Framework (ADMF) was launched in which state?
What is the primary category under which the Defence Ministry is procuring weapons systems and platforms, giving a boost to 'Aatmanirbhar Bharat' in the...
What is the Minimum Support Price ( MSP ) for ball copra for the 2024 season as approved by the Union cabinet?
Which Indian state celebrates the cultural festival of solidarity known as "Mera Hou Chongba," involving various indigenous ethnic groups such as the Me...
The Reserve Bank of India (RBI) has imposed a penalty of ______ on RBL Bank for not complying with the central banks’ norms on internal ombudsman sche...
