On 22 January 2015, the Prime Minister Narendra Modi launched a special deposit scheme known as the Sukanya Samriddhi Yojana. Under this scheme, the natural or legal guardian of a girl child can open an account in her name and avail certain benefits. The objective of the scheme is to alleviate the worries of Indian parents …
In 2016, the Cabinet advanced the date of presentation of the Union budget by a month. This article details the pros and cons of Advancing Budget Date [You may also read: What is Union Budget of India? How is it prepared?] Till 2016-17, the budget was unveiled on the last day of February. But, in 2017-18, the …
This article explains the Most-favoured nation (MFN) status of the World Trade Organisation (WTO). The World Trade Organisation (WTO) is the global international organisation dealing with the rules of trade between two or more countries. The agreements in WTO are lengthy and complex and they cover a wide range of activities (agriculture, textile, banking, communication, …
The Board of Tata Sons (the holding company of Tata group) sacked Cyrus Mistry as its chairman less than 4 years after he took charge of the top job in the year 2012. His predecessor, Ratan Tata, would step in as interim chairman . In the meanwhile, the group has constituted a selection committee to …
The ‘Big is Beautiful’ ideology of the State Bank of India , which reveals itself in the decided merger of the SBI with its associates , is expected to come to fruition by the end of 2016. The combined entity would create a financial sector powerhouse , with total assets worth 37 lakhs crores. While …
Yes, the move that was on the cards has finally been executed. No, I am not talking about Game of Thrones (Generic humour appeal at the start), but yes the newest member in the hall of fame for RBI governors. Dr. Urjit Patel becomes the governor of RBI, taking over the reins from the former, …
There has been a pronounced change in the approach of Government in dealing with the unemployment crisis. The current approach is more based on creating small entrepreneurship or giving the people more opportunities to start small-scale enterprises of their own.