Economy

Operation Twist is a move in which a central bank decides to simultaneously buy long-dated securities while selling short-term securities. This is the first time RBI has undertaken such an unconventional policy measure with the aim of flattening the yield curve by lowering longer-term rates to boost lending and growth. Operation Twist normally leads to … Read more

It is a dedicated fund set up by Ministry of Finance,in 2013, for implementation of initiatives aimed atenhancing the safety and security for women inthe country. It is a non-lapsable corpus fund.Ministry of Women and Child Development is thenodal Ministry to appraise schemes under NirbhayaFund and also to review and monitor the progressof sanctioned Schemes … Read more

Commerce ministry has released a consolidated policy for FDI  in 2017. This time they have included start ups in the FDI policy also. The major features of FDI are as follows: With the dilution of FIPB, the power for clearance has been delegated to the administrative departments. The proposal relating to the banking, mining, defence, … Read more

Green revolution is an agricultural revolution in which agricultural productivity was increased by providing package of inputs like High yield variety seeds, chemical fertiliser and better irrigation facility. It lead to the increased agricultural production and made India a self -reliant country in terms of food production. Impact of green revolution are summarised as below: … Read more

Open market operations is the sale and purchase of securities, bills and bonds of government as well as private financial institutions by the Central Bank. This is one of the qualitative too available with the central bank to deal with inflation and money supply in the economy. Functioning:  If the central bank sells these instruments, … Read more

National Investment and Infrastructure Fund Limited (NIIFL) is an investor-owned fund manager, anchored by the Government of India (GoI) in collaboration with leading global and domestic institutional investors. funds have investment mandates to invest in infrastructure assets and related businesses that are likely to benefit from the long-term growth trajectory of the Indian economy. Our … Read more

The Japan International Cooperation Agency (JICA) which undertook the study on  the feasibility of this prestigious project, submitted its report in July 2015. The project  was approved by the Cabinet Committee on Economic Affairs, in December 2015, to  be implemented with Japanese technical and financial assistance. The memorandum of  understanding for cooperation between India and … Read more

Labour reforms essentially mean taking steps in increasing production, productivity, and employment opportunities in the economy in such a manner that the interests of the workers are not compromised. “Essen­tially, it means skill development, retraining, redeployment, updating knowledge base of workers-teachers, promotion of leadership qualities, etc. The recommendation of NITI aayog are: Codification of labour … Read more

A multi-agency body called the National Recruitment Agency (NRA) will conduct a Common Eligibility Test (CET) to screen/shortlist candidates for the Group B and C (non-technical) posts. NRA will have representatives of Ministry of Railways, Ministry of Finance/Department of Financial Services, the SSC, RRB & IBPS. It is envisioned that the NRA would be a … Read more

With increase in the average expectancy age , the issue of elderly population will arise in the near future. The economy has to look into to take care of the elderly population. But there are some issues attached with ageing population: Lack of uniform and accessible pension system. Premium rates are different and there are … Read more