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Why in news?The Centre and the states are at loggerheads over taxes and duties on petrol and diesel.What is the issue?As fuel prices soared in November 2021, the Centre, for the first time in over three years, cut central excise duties on petrol by Rs 5 per litre and di
Read More About It...Why in News? Recently ,the importance of Protected cultivation was highlighted .What is Protected cultivation?It is a process of growing crops in a controlled environment which means that the temperature, humidity, light and such other factors can
Read More About It...Reference News:-The Medical Education and Drugs Department (MEDD) and International Finance Corporation (IFC) have joined forces to prioritise health care projects with emphasis on Medical Education under the public-private partnership (PPP) model in Mahar
Read More About It...₹ 2.78 lakh crore of compensation released to States for the year 2020-21 itself ; nothing is pending for the yearCentre released ₹ 7.35 lakh crore and compensation of ₹78,704 crore pending only for the year 2021-22At the time of introduction of GST, the Constitution ame
Read More About It...Topics: GS IIIWhy in News?The Finance Minister in her Budget announcement envisaged setting up 75 digital banking units in 75 districts of the country.Digital Banking Units:History:In India, digital banking started taking shape in the
Read More About It...Reference News:-India Post Payments Bank (IPPB), a 100% government-owned entity under the Department of Posts (DoP) announced the launch of Fincluvation– a joint initiative to collaborate with the Fintech Startup community to co-create and innovate solutions for financi
Read More About It...Reference News:-Finance Minister Nirmala Sitharaman has reiterated her Budget announcement on setting up 75 digital banking units in 75 districts of the country this year.This is to take forward the government’s agenda of digital financial inclusion.Wh
Read More About It...Reference News:-Over the last one year, as retail prices of petrol, diesel and other petroleum products have surged there is mounting pressure on government to reduce taxes.As of now, taxes account for 50% of the total retail price for a litre of petrol, and 44% for a litre
Read More About It...Reference News:-The World Bank released its bi-annual South Asia Economic Focus Reshaping Norms: A New Way Forward, recently.Key highlights India is projected to grow at 8% over the current fiscal year (April 1- March 31), and 7.1% over the next (2023-24)
Read More About It...Reference News:- The Government of India and the Asian Development Bank signed a $2 million Project Readiness Financing (PRF) Loan for- Designing climate resilient urban infrastructureStrengthening institutional capacity and improving municipal reso
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