economy : TRENDING TOPICS

Comprehensive Social Security System

India's total workforce stands at around 500 million. A little over 10% of this is in the organised sector, where workers enjoy social security of some sort under EPFO and ESIC

Operation Greens

Operation Greens aims to promote farmer producers organisations, agri-logistics, processing facilities and professional management.

Long Term Capital Gains Tax

Any profit or gain that arises from the sale of a ‘capital asset’ is a capital gain. This gain or profit is charged to tax in the year in which the transfer of the capital asset takes place.

NABARD

NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC).

Housing cooperatives

Housing cooperative has been defined as a legally incorporated group of persons, generally of limited means, pursuing the same cause of meeting the common need of housing or its improvement based on mutual assistance.

National Gas Grid

Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium.

Land Ports Authority of India

India has an over 15000 KM long international land border with Afghanistan, Bangladesh, Bhutan, China, Myanmar, Nepal and Pakistan.

FRDI Bill (Financial Resolution and Deposit Insurance Bill, 2017)

Key objective of the FRDI Bill is to ensure an early recognition of a financial firm, regulated by RBI, SEBI, IRDA, PFRDA or any other authority as may be notified.

Forensic audit

A forensic audit is an examination and evaluation of a firm's or individual's financial information.

Land Development Banks

Land Development Banks in India are of quasi-commercial type. Although they are all registered under the Co-operative Societies Act.

Bharatmala Project

Bharatmala Project is one of the biggest highway construction plan so far in the country, to develop approximately 83,677 km of roads at an investment of Rs 6.92 lakh crore by 2022.

Extended Producer Responsibility

E-waste means waste electrical and electronic equipments, whole or in part that are not fit for their original intended use and are destined for refurbishment.

National Pension System

NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Under the NPS.

Sources of Urban finance

India’s urban population has grown by 32% from 2001 to 2011 as compared to 18% growth in total population of the country.

Ease of Doing Business Index

‘Ease of doing business’ refers to the regulatory environment in a country to set up and operate a business.

Project LIFE- MGNREGA

The objective of the Mahatma Gandhi National Rural Employment Guarantee Act 2005 aims at building sustainable livelihoods for the rural households.

M-Banking

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a Smartphone or tablet.

Uday Kotak Committee

The Securities and Exchange Board of India (Sebi) panel on corporate governance led by Uday Kotak proposed sweeping changes. The recommendations are listed below:

Bharat-22

Bharat 22 is the second Exchange Traded Fund (ETF) that will be launched by the Union Finance Ministry (first was CPSE ETF’s 10). It comprises 22 stocks including those of central public sector.

E-Sign

`e-Hastakshar' is a citizens' service which allows citizens to sign documents digitally.

National Mineral Exploration Policy

The Government, to offer fillip to its strategy on exploration is contemplating of bring forth a comprehensive a National Mineral Exploration Policy.

Aadhaar Enabled Payment System

Aadhaar Enabled Payment System is a payment service empowering a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions.

Value capture

India’s urban population has grown by 32% from 2001 to 2011 as compared to 18% growth in total population of the country.

Krishi Vigyan Kendra

Krsihi Vigyan Kendra (KVK) are agricultural extension centres created by ICAR (Indian Council for Agricultural Research).

Indian Postal Payment Bank

A Payments Bank is a “differentiated bank” set-up by the Reserve Bank of India (RBI) to further financial inclusion for the underserved population.

Government E-marketplace

Based on recommendations of Group of Secretaries made to Hon’ble Prime Minister, the Government has created a one stop Government eMarketplace (GeM).

Public credit registry

The Reserve Bank of India made a strong case for setting up a public credit registry in India to address the twin balance sheet problem of the banking sector and the corporate sector.

GSTN

The Goods and Service Tax Network (or GSTN) is a non-profit, non-government organization. It will manage the entire IT system of the GST portal,

Global Foreign Exchange Committee

The Global Foreign Exchange Committee (GFXC) is a committee of central bankers and experts working towards making the forex market more robust and transparent.

RailCloud

Indian Railway has started a strategic IT initiative, christened IR-OneICT, for enterprise wide digital single platform with an aim to improve customer satisfaction,

Milk production in India

Milk Production: In the year 2014-17, milk production increased by 16.9% to 465.5 million tonnes as compared to 398 million tonnes during 2011-14.

PARTICIPATORY NOTES (PNs)

• The Securities and Exchange Board of India (SEBI) plans to further tighten norms for issuance of offshore derivative instruments (ODIs) and participatory notes (PNs). SEBI has proposed levying a regulatory fee of $1,000 on every foreign portfolio investor (FPI) that issues ODIs or PNs.

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