by Team Spectrum Books | Apr 19, 2021 | Economy
On March 18, 2021, the long-awaited vehicle scrapping policy of India was announced by Union Minister for Road Transport and Highways, Nitin Gadkari. The policy which was aimed at phasing out of old vehicles, which were considered to be more polluting, was pending...
by Team Spectrum Books | Mar 7, 2021 | Economy
On November 20, 2020, the Reserve Bank of India (RBI) released the report of the Internal Working Group (IWG) that reviewed the existing licensing, regulatory guidelines, and corporate structure of Indian private sector banks and came out with certain recommendations....
by Team Spectrum Books | Feb 27, 2021 | Economy
The union cabinet on October 14, 2020 approved the Strengthening Teaching Learning and Results for States (STARS) project. The aim is to improve the teachers learning process. The project would be implemented as a new centrally sponsored scheme under the Department of...
by Team Spectrum Books | Feb 8, 2021 | Economy
The Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) announced at the CII National MNC conference on November 23, 2020, about the central government’s plan to introduce a masterplan to be implemented across the nation. The idea is to offer...
by Team Spectrum Books | Jan 30, 2021 | Economy
As per the latest IMF’s Financial Access Survey Report, 2020, India has made rapid strides in the domain of digital payments through mobile and internet banking. The number of digital transactions per 1,000 adults in India increased from 102.85 in 2014 to...
by Team Spectrum Books | Jan 30, 2021 | Economy
Though India has announced numerous relief measures since the March 2020 lockdown, they have not matched the economic disruption brought about by the severe lockdown. The stimulus package of ` 20 lakh crore announced on May 12, 2020 accounts for 10 per cent of the GDP...