CURRENT AFFAIRS

• Vaid's ICS, Lucknow
• 28, Aug 2021

About the NMP:The National Monetization Pipeline is a 4-year roadmap of the Central Government’s brownfield infrastructure assets.It will provide clarity for the investors.The 2021-22 Union Budget mentioned Asset Monetization as a way to finance infrastruc

• Vaid's ICS, Lucknow
• 24, Aug 2021

Why in News?Finance minister has launched Rs 250 crore worth Alternative Investment Fund for export-oriented micro, small and medium enterprises (MSMEs).Objective of the fund:To Identify Indian enterprises with potential advantages by way of technology, produ

• Vaid's ICS, Lucknow
• 24, Aug 2021

Why in News:The Finance ministry has recently said that the Green field assets will be monetized .About :Greenfield and brownfield investments are two types of foreign direct investment.With greenfield investing, a company will build its own, brand new facilities from t

• Vaid's ICS, Lucknow
• 24, Aug 2021

Why in News?They are also known as “muni bonds” or “muni.”It is a debt security issued by the local bodies to finance its capital expenditures for construction works, maintenance etc. of highways, bridges or schools.They are generall

• Vaid's ICS, Lucknow
• 23, Aug 2021

Why in News:The Reserve Bank of India (RBI) has released the National Strategy for Financial Education (NSFE) for the next five years (2020-2025) to disseminate financial education in the country.Under this, the central bank has recommended a ‘5-Core Actions

• Vaid's ICS, Lucknow
• 23, Aug 2021

Why in News?Recently, the Reserve Bank of India (RBI) has unveiled the first composite Financial Inclusion Index (FI-Index).The annual FI-Indexfor the financial year ended March 2021 crossed the halfway mark to 53.9, as compared to 43.4 for the

• Vaid's ICS, Lucknow
• 19, Aug 2021

Why in News?The government  has recently notified the rates and norms for the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme.About the scheme:The RoDTEP Scheme allows exporters to receive refunds on taxes and duties that are not exempted or r

• Vaid's ICS, Lucknow
• 09, Aug 2021

Why in News?Retail prices of petrol and diesel have reached record highs in India. One major reason is a heavy tax on Petrol and diesel in India.Key Facts: The government states that the reason behind this rise in price is an increase in global crude prices by more than

• Vaid's ICS, Lucknow
• 20, Jul 2021

Why in News?Recently, the Minister of State for Finance has stated that India’s FOREX reserves stood at $608.99 billion as on June 25, 2021.Key Highlights:India has emerged as thefifth largest foreign exchange reserves holder in the world after China,

• Vaid's ICS, Lucknow
• 15, Jul 2021

Why in News?The recent 15th FC report recommendations have been criticised on the basis of two grounds. One, the recommendations will impact co-operative federalism. Two, the recommendations are not aligned with the changing federal structure in India.Ba