A cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Individual coin ownership records are stored in a digital ledger, which is a computerized database using strong cryptography to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. The […]
The IMF announced on April 11, 2023 in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024. According to the IMF’s World Economic Outlook update, global growth would fall from 3.4 […]
India is one of the major food grain producers in the world. Although India has achieved higher production of cereals like wheat and rice, its production of pulses and edible oils is not adequate to meet its domestic demand. The production of millers including maize, Jowar and Banjara has also increased, but these crops still […]
The Monetary Policy Committee (MPC) met on 6th, 7th and 8th April 2022 and, based on an assessment of the macroeconomic situation and the outlook, voted unanimously to keep the policy repo rate unchanged at 4 per cent. The MPC also decided unanimously to remain accommodative while focusing on withdrawal of accommodation to ensure that […]
Agriculture Infrastructure Fund (National Agriculture Infra Financing Facility). The Union Cabinet in July 2020 has approved a new pan India Central Sector Scheme called Agriculture Infrastructure Fund (National Agriculture Infra Financing Facility). The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community […]
Start up India Startup India is an initiative of the Government of India to promote entrepreneurship in the country. The programme was first announced by Indian Prime Minister, Narendra Modi during his speech in 15 August 2015. The initiative is under the Ministry of Commerce and Industries (Department for Promotion of Industries and Internal Trade). The startup mission comprised (i) […]
