Economyria Explainer

The Credit Linked Subsidy Scheme (CLSS) was launched by the Ministry of Housing and Urban Poverty Alleviation (MoHUPA) in June 2015. The purpose of the scheme is to provide interest subsidy on housing loans. This scheme was launched under Pradhan Mantri Awas Yojana (Urban). Updated on 15/05/2020: The deadline for CLSS for the middle-income group expired …

Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana – Explained Read More »

The Bharatmala project is the second largest highways construction project in India since the National Highways Development Programme (NHDP). The National Highways Development Programme (NHDP) was launched by the Atal Bihari Vajpayee Government in the year 1998. Under NHDP, almost 50,000 km of highway roads were targeted across the country.  About 10,000 km of roads under the programme is …

What is Bharatmala project ? Read More »

Offshore Derivative Instruments (ODIs), also known as Participatory notes (p-notes) are instruments used by the foreign investors to invest in India’s securities markets without getting registered with the SEBI. Securities include shares, bonds and derivatives. In the article on foreign investment, we learnt that Foreign Institutional Investors (FII) and their sub-accounts have to register themselves with SEBI to …

What are Offshore Derivative Instruments or Participatory Notes? Read More »

India moved up 30 ranks in the World Bank’s ‘Ease of Doing Business’ report for 2018. It ranks 100th out of 190 countries, up from 130 in the 2017 report. India’s distance to frontier score has also improved to 60.76 from 56.05. The distance to frontier is an absolute measure that shows how far a country …

India Jumps to 100th Rank In Ease of Doing Business Report Read More »