The government of India enacted Special Economic Zone (SEZ) Act in 2005 which came into force in February 2006. With the establishment of Asia's first Export Processing Zone (EPZ) at Kandla in 1965, India was one of the first countries in Asia to identify the efficiency of the Export Processing … [Read more...] about SEZ: Know All About Special Economic Zone
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ECLGS: Features of Emergency Credit Line Guarantee Scheme
Under the Union Budget 2022-23, the government has extended the ECLGS till March 2023. Read the entire article for further details. According to the Scheme, National Credit Guarantee Trustee Company Limited (NCGTC) will provide 100% guarantee coverage for additional funding up to Rs. 3 lakh crore … [Read more...] about ECLGS: Features of Emergency Credit Line Guarantee Scheme
SIDBI: All About Small Industries Development Bank of India
Small Industries Development Bank of India (SIDBI) is under the jurisdiction of the Ministry of Finance and it is the top regulatory body for overall licensing and regulation of MSMEs in India. SIDBI is a statutory body, established through an Act of Parliament in 1990. SIDBI is the primary … [Read more...] about SIDBI: All About Small Industries Development Bank of India
Quality Council of India (QCI)
Quality Council of India (QCI) was established as a National body for Accreditation in 1996. It was set up to establish and promote quality standards across all social and economic sectors. Read here to know more about QCI. Quality Council of India (QCI) was established as a National body for … [Read more...] about Quality Council of India (QCI)
CEPA Between India and UAE
CEPA is a free trade agreement between two countries which covers negotiation on the trade in services and investment, and other areas of economic partnership. On February 18, 2022, India and the UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA), which became effective … [Read more...] about CEPA Between India and UAE
Freebies Politics: What are the current scenario in India
Freebies culture potentially undermines the credit culture, distorts the state's balance, etc. Want to know more about freebies culture? Read the article. The Supreme Court in its recent statement said that freebies are extended using taxpayer money and may push the State towards "imminent … [Read more...] about Freebies Politics: What are the current scenario in India
IRDAI: Powers and Functions
IRDAI is responsible for safeguarding the interests of policyholders, controlling, encouraging, and guaranteeing the insurance industry's orderly expansion. The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous and statutory body. It is responsible for managing and … [Read more...] about IRDAI: Powers and Functions
Welfare Schemes for Minorities in India
The Indian government has implemented several welfare schemes aimed at improving the socio-economic conditions of minority communities, including Muslims, Christians, Sikhs, Buddhists, Jains, and Zoroastrians (Parsis). Read here to learn more. With the dedication to "Development with Dignity," … [Read more...] about Welfare Schemes for Minorities in India
Biofuels: All you need to know about
Biofuels have garnered global attention in recent times. What are biofuels? Why they are important? Know more here. Biofuels are of strategic importance in India and are aligned well with the initiatives of the Government. A National Policy on biofuels was made by the Ministry of New and … [Read more...] about Biofuels: All you need to know about
Osmosis and Reverse Osmosis
Reverse osmosis (RO) purifiers are not permitted where the total dissolved solids (TDS) in the supplied water are less than 500 mg per litre, according to a ruling made by the National Green Tribunal a few years ago. Are you curious to know more about the process of osmosis and reverse osmosis? If … [Read more...] about Osmosis and Reverse Osmosis
