National Mission on Natural Farming launched National Mission on Natural Farming & Key Updates National Mission on Natural Farming Launched Mission: National Mission on Natural Farming (NMNF) Launch: By the Ministry of Agriculture and Farmers Welfare on November 25, 2024. Objective: Promote chemical-free farming, reduce costs for farmers, and ensure safe food production. Atal Innovation […]

Maharashtra Government approves Logistics Policy 2024 Maharashtra Logistics Policy & Key Updates Maharashtra Government Approves Logistics Policy 2024 National Logistics Policy (NLP): Launched: September 2022. Objective: Reduce logistics costs from 13-14% of GDP to 8% by 2030. 16th Finance Commission Advisory Council Key Points on 16th Finance Commission: Constitutional Body: Recommends financial relations between the […]

The central government reorganized the NITI Aayog Reorganization of NITI Aayog & ULI Launch Reorganization of NITI Aayog Reorganization: Restructured by the Government of India. Chairman: Prime Minister Narendra Modi. Vice Chairman: Suman Bery. Background: NITI Aayog replaced the Planning Commission on January 1, 2015. Objective: Minimum government, maximum governance. Functions: India’s primary public policy […]

Goods and Services Tax (GST) completes 7 years GST Overview & Agri SURE Fund GST Overview Implementation: Enacted in 2017 under the 101st Constitutional Amendment Act. Nature: Comprehensive indirect tax replacing multiple central and state taxes on goods and services. Key Features: Unified Tax: Replaced multiple taxes like excise duty, service tax. Dual Structure: Central […]

The Ministry of Statistics and Programme Implementation (MoSPI) has developed an e-Sankhyiki portal e-Sankhyiki Portal & SDG India Index 2023-24 e-Sankhyiki Portal: Purpose: Provides real-time official Indian statistics for decision-making and research. Benefits: Easy access to data for analysis. Supports informed policymaking and research. NITI Aayog released SDG India Index 2023-24 SDG India Index 2023-24: […]

CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL, URBAN AND COMBINED FOR THE MONTH OF MAY 2024 Consumer Price Index & GST Council Announcements Consumer Food Price Index (CFPI): Purpose: Measures retail price changes in food items. Nature: Tracks inflation specifically for food items in the consumer basket. Significance: Used by RBI to monitor […]

Indian GDP is projected to grow by 8.2% in FY 2023-24 (NSO) Indian GDP Growth & SEBI Action National Statistical Office (NSO): Established: May 2019 (merger of CSO and NSSO) under MoSPI. Functions: Statistical data collection, surveys on employment, expenditure, health, etc. SEBI fines 11 individuals for ‘pump and dump’ scheme. Pump-and-Dump Scheme: Definition: Artificially […]

Grow Mutual Fund has recently launched India’s first Nifty Non-Cyclical Consumer Index Fund Grow Mutual Fund – Nifty Non-Cyclical Consumer Index Fund Nifty Non-Cyclical Index Fund: Objective: Long-term capital growth by investing in Nifty Non-Cyclical Consumer Index (TRI). Focus: 30 companies with stable demand, less affected by economic downturns. Defensive stocks: Companies in industries that […]

India is the fourth largest exporter in the digital services sector in the world India’s Achievements in Digital Services, Tax Treaties, and Solar Power Comparison: Higher than China’s and Germany’s 4% growth. India, Mauritius amend tax treaty. India-Mauritius DTAA Revised: Agreement amended to curb tax avoidance on investments in India. India becomes the world’s third […]