In Context There is a widening rift between some Indian start-ups and the industry body Internet and Mobile Association of India (IAMAI). IAMAI’s opposition to the new law for tackling Big Tech firms About: Internet and Mobile Association of India (IAMAI) criticised the recommendations of the Parliamentary Standing Committee on Finance to introduce a new […]
In News The combined Index of Eight Core Industries (ICI) increased by 3.6 percent (provisional) in March 2023 as compared to the Index of March 2022. The production of Coal, Fertilizers, Steel, Natural Gas, and Refinery Products increased in March 2023 over the corresponding month of last year(2022). Index of Eight Core Industries (ICI) ICI […]
In News The government has named Siddhartha Mohanty as the first chief executive of the Life Insurance Corporation of India (LIC) for the term beginning in June 2024 to June 2025. The Financial Services Institutions Bureau (FSIB) recommended Siddhartha Mohanty’s name for the post of chairman. The decision regarding the appointment of Mohanty as the […]
In News “National Manufacturing Innovation Survey (NMIS) 2021-22” is being releases What is NMIS Survey? NMIS 2021-22 is a joint study by the Department of Science and Technology (DST) and the United Nations Industrial Development Organization (UNIDO) to evaluate the innovation performance of manufacturing firms in India. This study is a follow-up of DST’s first […]
In News The 2021 report by the U.S.- India Strategic Partnership Forum states that the third-gen web will be crucial for India to realise its $1.1 trillion digital asset opportunity by 2032. India’s Digital Infrastructure About India is in an evolving process of building a large citizen-scale digital public infrastructure. Digital Public Infrastructure (DPI) refers […]
In News CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been provided with an additional corpus support of ?9,000 crore in the Union Budget for FY 2023-24 to revamp its Scheme to provide guarantee for additional ?2 lakh crore to Micro & Small Enterprises. More changes in CGTMSE The modifications included reduction […]
In News The Union Minister for Women and Child Development and Minority Affairs opened a Mahila Samman Savings Certificate (MSSC) account. About Mahila Samman Savings Certificate Scheme It is a new small savings scheme launched specifically for female investors and was announced in Budget 2023 to promote investment among women. Accounts opened under this scheme […]
In News The Rajasthan Government is about to bring the Rajasthan Platform-based Gig Workers (Registration and Welfare) Bill, 2023, which has stringent provisions against errant aggregators, including barring them from operating in the State. Highlights of the Bill Rajasthan Platform-based Gig Workers Welfare Board: It will design welfare policies and hear grievances of the workers […]
In News The Ministry of Textiles has developed an E-Commerce portal for the handicrafts and handloom sector. About the Portal It is an authentic Indian handloom & handicraft virtual store where artisans/weavers will be directly connected to the buyers through a common platform. Diverse variety of authentic sellers can register over this portal, namely, artisans, […]
In News The European Parliament recently approved the cryptocurrency regulation “Markets in Crypto Assets (MiCA)”. More about the new rules MiCA will impose compliance on the issuers of crypto assets, who are defined as the “legal person who offers to the public any type of crypto-assets”. It will apply to crypto-asset service providers (CASPs) providing […]
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