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Category Archives: Indian economy

PM launches India Post Payments Bank

The Prime Minister, Shri Narendra Modi, yesterday launched the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi. The function was witnessed at over 3000 locations across the country, which were connected to the main event in Delhi. Speaking on the occasion, the

Year End Review-2017: Ministry of Rural Development

Credit, Ministry of Rural Development  Pradhan Mantri Awwas Yojana-Gramin (PMAY-G) The erstwhile scheme of IAY has been  restructured into Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) with effect from 1st April, 2016 and is in line with the Government’s commitment of providing ‘Housing for All by 2022’

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New RBI Governor faces five priority areas

With Reserve Bank of India (RBI) Governor Raghuram Rajan deciding not to seek a second term, the government is in the process of finalising Mr Rajan’s successor, and an announcement is expected shortly.While the names of several economists and bureaucrats are doing roundsone thing certain

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GS Paper-III (Main Examination 2016-17)- Indian Economy

Economic Development 56 Model Question’s and Answer’s for Main’s 2016-17 Q.1 What are the major objectives of PRADHAN MANTRI KRISHI SINCHAYEE YOJNA (PMKSY). Discuss the need of promoting organic farming with reference to PMKSY. Ans:- The major objective of the PMKSY is to achieve convergence of

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India’s retail sector:- Some facts are here

1) The retail sector in the nation of 1.2 billion people is estimated to have annual sales of $450 billion, with nearly 90% of the market controlled by tiny family-run shops. 2) Organised retail, or large chains, makes up about 10% of the market, but