The Indian Agricultural Research Institute, also known as the Pusa Institute, is India’s national institute for agricultural research, education, and extension. The institute, financed and administered by the Indian Council of Agricultural Research (ICAR), was responsible for the “Green Revolution in India” in the 1970s.
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Mutual Fund Industry Seeks Relief of Taxes
Context: Association of Mutual Funds in India (AMFI) has proposed tax reliefs for debt schemes and rollback in the provision regarding the hike in equity taxation during the Budget 2025. Key Highlights: The Association of Mutual Funds in India (AMFI) The Association of Mutual Funds in India (AMFI) is a non-profit organization that represents all the Asset Management Companies (AMCs) of mutual funds registered with the Securities and Exchange Board of India (SEBI).
The Association of Mutual Funds in India (AMFI)
The Association of Mutual Funds in India (AMFI) is a non-profit organization that represents all the Asset Management Companies (AMCs) of mutual funds registered with the Securities and Exchange Board of India (SEBI).
Damage by Crypto Assets to the Macro-Financial Stability
Context: RBI has stated that overuse of crypto assets will, in turn, weaken the impact of monetary policy, aggravate fiscal risks, and deprive real economy activities of resources required to finance them. Crypto Assets & Cryptocurrency Crypto assets are assets issued or transferred using distributed ledger technology (DLT) or blockchain technology. They are a wide range of digital instruments that can represent value or ownership. Crypto assets include cryptocurrencies. Cryptocurrency (or virtual currency) is likely the most well-known type of crypto asset. Cryptocurrency is a digital currency or medium of exchange. It can be used To exchange for products or services, like fiat currency (such as Canadian dollars or US dollars) Highlights:
Crypto Assets & Cryptocurrency
Crypto assets are assets issued or transferred using distributed ledger technology (DLT) or blockchain technology. They are a wide range of digital instruments that can represent value or ownership. Crypto assets include cryptocurrencies. Cryptocurrency (or virtual currency) is likely the most well-known type of crypto asset. Cryptocurrency is a digital currency or medium of exchange. It can be used To exchange for products or services, like fiat currency (such as Canadian dollars or US dollars)
Microfinance Sector Stress Rises
Context: The Reserve Bank of India (RBI) on Monday reported that stress in the microfinance sector doubled during the April to September period, as bad loans double in H1FY25. Microfinance Microfinance provides financial services to individuals and SMEs that lack access to conventional banking facilities, such as microcredit, loans, savings, checking accounts, microinsurance, and payment systems. Stressed Assets These are loans that are classified as non-performing assets (NPAs) or special mention accounts (SMAs). Stressed assets include NPAs, restructured loans, and written off assets. They are a strong indicator of the health of the banking sector. P2P bad loans doubled: Report
Stressed Assets
These are loans that are classified as non-performing assets (NPAs) or special mention accounts (SMAs). Stressed assets include NPAs, restructured loans, and written off assets. They are a strong indicator of the health of the banking sector.
Microfinance
Microfinance provides financial services to individuals and SMEs that lack access to conventional banking facilities, such as microcredit, loans, savings, checking accounts, microinsurance, and payment systems.
1. Production Linked Incentive (PLI) Scheme
Companies have invested ₹ 17,581 crore under the production linked incentive (PLI) scheme for specialty steel till October 2024, the government said on Monday. Production Linked Incentive (PLI) Scheme
