Category: INDIAN ECONOMY Fact & Analysis

Latest data on Various crop production by states in India

Latest data on Various crop production by states in India Production of major crops for 2017-18 Country witnesses record food grains production in 2017-18 Total food grain production estimate hits record high of 277.49 million tonnes Total Pulses production estimated at record 23.95 million tonnes Total Oilseeds production estimate reaches 29.88 million tonnes Sugarcane production […]

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integrated refinery-cum-petrochemical complex with a refining capacity of 60 MMTPA

integrated refinery-cum-petrochemical complex with a refining capacity of 60 MMTPA Union Minister of Petroleum & Natural Gas, Shri Dharmendra Pradhan has said that oil PSUs namely Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have decided to set up an integrated refinery-cum-petrochemical complex with a refining capacity […]

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What is external debt?

What is external debt? External debt is the money that borrowers in a country owe to foreign lenders. India’s external debt was $513.4 billion at the end of December 2017, an increase of 8.8% since March 2017. Most of it was owed by private businesses which borrowed at attractive rates from foreign lenders. To be […]

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Why is the WTO facing challenges?

Why is the WTO facing challenges? What is the problem? Union Commerce Minister Suresh Prabhu last week stated that India does not subsidise its exports to the rest of the world. The Minister’s statement comes in the wake of increasing criticism that financial incentives offered by the Indian government to domestic exporters are distorting international […]

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Umbrella Scheme ‘Green Revolution — Krishonnati Yojana’ in Agriculture Sector 

Umbrella Scheme ‘Green Revolution — Krishonnati Yojana’ in Agriculture Sector  The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for the Umbrella Scheme, “Green Revolution – Krishonnati Yojana” in agriculture sector beyond 12th Five Year Plan for the period from 2017-18 to 2019-20 with the Central Share […]

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जीरो बजट प्राकृतिक कृषि

जीरो बजट प्राकृतिक कृषि क्या है? जीरो बजट प्राकृतिक कृषि, प्राकृतिक संसाधनों की सहायता से की जाने वाली कृषि पद्धति है। इस प्रकार की कृषि व्यवस्था में हाईब्रिड बीज, कीटनाशक व रासायनिक खाद का इस्तेमाल नहीं होता है। चर्चा में क्यों? आंध्र प्रदेश, हिमाचल प्रदेश सहित देश के अन्य हिस्सों में किसानों द्वारा अपनाए जाने […]

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India Overtakes France to Become World’s Sixth-Largest Economy

India Overtakes France to Become World’s Sixth-Largest Economy India has overtaken France to become the world’s sixth biggest economy, latest data from the World Bank show. The South Asian nation is now a $2.597 trillion economy and only a tad higher than France’s $2.582 trillion. It will be the world’s fourth-largest economy by 2022, according to projections […]

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New Classification of Micro, Small and Medium Enterprises

Cabinet approves proposal for Amendment to the Micro, Small and  New Classification of Micro, Small and Medium Enterprises Medium Enterprises Development Act, 2006 to change the criteria of classification and to withdraw the MSMED (Amendment) Bill, 2015 – pending in Lok Sabha  The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved […]

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