Others News
DPE brings out 60th annual Public Enterprises Survey 2019-20
12 August 2021 at 05:47The Public Enterprises Survey 2019-20 has been laid in the Lok Sabha on 6th August 2021 and in the Rajya Sabha on 9th August 2021 respectively. As per the PE Survey 2019-20 as on 31st March 2020, there are 256 operational CPSEs.
Contribution of MSMEs to GDP
10 August 2021 at 05:52The share of the MSME manufacturing in All India manufacturing gross value output during the year 2018-19 and 2019-20 were 36.9% and 36.9% respectively, while the share of export was 49.8% and 49.5% respectively.
Digital payments surge from 1459.02 crore in FY 2017-18 to 4371.18 crore in FY 2020-21
10 August 2021 at 05:46On the digital payment ecosystem, Shri Pankaj Chaudhary stated that the total volumes of digital payments increased from 1459.02 crore in FY 2017-18 to 4371.18 crore in FY 2020-21 due to sustained efforts towards digitalisation.
ICAI issues Exposure Draft of Subsidiaries without Public Accountability: Disclosures
10 August 2021 at 05:45ICAI has issued an Exposure Draft that sets out the proposal of the IASB for a new IFRS Standard - Subsidiaries without Public Accountability: Disclosures. Comments on the ED may be sent electronically or via email or post by 15.12.2021.
GDP growth projection for FY 2021-22 retained at 9.5%
07 August 2021 at 06:23Repo rate remains unchanged at 4%; GDP growth projection for FY 2021-22 retained at 9.5%. CPI Inflation is expected at 5.7% for FY 2021-22 while Consumption, Investment, and External demand are on the path of regaining traction.
Know all about e-RUPI, the new digital payment instrument
06 August 2021 at 12:18e-RUPI is basically a digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.
Clarification on Establishment of MSMEs
06 August 2021 at 06:25The Ministry of MSME does not establish micro, small and medium enterprises in the country. The promotion and development of enterprises is a State subject. However, the Central Government supplements the efforts of the State/UT Governments.
91% MSMEs found to be functional as per recent study
06 August 2021 at 06:23On 1st July 2020, after the adoption of a new definition of MSMEs, a new registration portal ‘Udyam Registration’ has been launched by M/o MSME and so far 41,37,443 classified MSMEs are registered on the portal.
Grant of Rs. 685.80 crore released to Urban Local Bodies (ULBs)
06 August 2021 at 06:21Grants for Urban Local Bodies have been released as per the recommendations of the 15th Finance Commission. They are aimed at improving basic civic services including fulfilling location specific felt needs.
Guidelines for Implementation of the circular on Opening of Current Accounts by Banks
05 August 2021 at 06:25RBI had issued certain guidelines to enforce credit discipline amongst the borrowers as well as to facilitate better monitoring by the lenders. Now, the RBI has specified guidelines for implementation of the circular on Opening of Current A/c by Banks.
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