STEPS TO BOOST DOMESTIC INVESTMENTS IN INDIA
Why in news? Under the Scheme of Investment Promotion, Department for Promotion of Industry and Internal Trade supports Sectoral Ministries and State Governments for organizing investment events, summits, road-shows and other promotional activities. Recent Government initiatives: Infrastructure: The National Infrastructure Pipeline (NIP) was launched in December, 2019, under which expenditure of Rs 102 lakh crore […]
2020 Awardees of Nari Shakthi Puraskar
Dr. Priyanka Mokshmar is the co-founder of Vaayu Home Appliances. Vaayu provides economically affordable and environmentally feasible alternatives to traditional AC units across India – selling their products from Madhya Pradesh to Maharashtra and Delhi. Ramya Venkataraman’s Centre for Teacher Accreditation (CENTA) has created a certification framework that allows for teachers’ skills and competency to be assessed […]
NARI SHAKTI PURASKAR
Ministry of Women and Child Development awards “Nari Shakti Puruskars” every years from the year 2016. 20 Nari Shakti Puruskars shall be conferred every year. The awards will be conferred on 8thMarch on the occasion of International Women’s Day (IWD). The Award in each category shall carry a Certificate and a cash amount. The award […]
NEVF (North East Venture Fund)
The North East Venture Fund (NEVF) was formally launched in 2017 with joint efforts from Ministry of Development of North Eastern Region (DoNER) and North Eastern Development Finance Corporation Ltd (NEDF) to encourage entrepreneurs and Start-ups and to empower entrepreneurs from the North Eastern Region (NER). It is a close ended fund with capital commitment […]
NORTH EAST VENTURE FUND
Why in news? A venture fund is being provided by the Ministry of Development of North Eastern Region (DoNER) for the growth of entrepreneurship and to encourage start-ups in the region. North East Venture Fund (NEVF) North Eastern Development Finance Corporation Limited (NEDFi) in association with Ministry of Development of North Eastern Region (M-DoNER) has […]
COTPA, 2003
The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003 or COTPA, 2003 is an Act of Parliament of India enacted in 2003 to prohibit advertisement of, and to provide for the regulation of trade and commerce in, and production, supply and distribution of […]
CABINET APPROVES COMPANIES (SECOND AMENDMENT) BILL, 2019
Companies (Second Amendment) Bill, 2019 The Companies (Second Amendment) Bill, 2019 proposes to amend the Companies Act, 2013 to enable listing of Indian firms on foreign stock exchanges. This would increase the competitiveness among the Indian companies with respect to access to capital, better valuations and broader investor base. The Amendment Bill would remove criminality […]
RELAXATION OF FDI NORMS IN DEFENCE SECTOR
Why in news? The information related to FDI was given by Raksha Rajya Mantri Shri Shripad Naik in a written reply to one MP in Rajya Sabha. What was the content? In May 2001, the Defence Industry sector, which was earlier reserved for the public sector, was opened up to 100% for Indian private sector, with Foreign Direct Investment (FDI) up to […]
POST-PANDEMIC PERIOD WILL SEE TURNAROUND IN JOB MARKET
Why in news? Once the COVID-19 dust settles down, a new order will emerge in the job market, analysts say. Several new jobs in the field of health and hygiene and technology may come up. Segments that could see a steady increase in business when the dust settles: Healthcare Pharma Biotechnology Gaming Over-the-top (OTT) services, […]
MORATORIUM ON REPAYMENT PUTS NBFCS IN A SPOT
Why in news? Non-banking financial companies (NBFCs) may face a tough time following the Reserve Bank of India’s recent directive on providing a moratorium on repayment. Why would NBFC face the heat? This is because though these entities are providing moratorium to their customers, they still have to continue repaying banks and other borrowers. NBFCs […]