GST Evasion by Crypto Exchanges in India
6. Changes in GST rates may generate additional revenue
GST Council Proposal for Textile Tax Structure
5. PSBs at only 42% of FY25 MUDRA disbursement target by Oct end
Public Sector Banks’ MUDRA Loans Performance• The Public Sector Banks (PSBs) and their Regional Rural Banks (RRBs) have achieved till date only 42% of the target for the disbursement of MUDRA loan in FY25.• It was possible for the Bank of Baroda to pay out only 16% of annual MUDRA target within the first seven months of FY25.• The largest PSB, State Bank of India has achieved 44% of its annual target.• Canara Bank has touched 52% of its annual target.• Union Bank of India has touched 57% of FY25.• As of October 25, MUDRA loans of ₹ 28,511 crore amounting to 12.4% of the annual target for PSBs are still under process.• The government increased the limit of MUDRA loans under Pradhan Mantri Mudra Yojana (PMMY) to ₹ 20 lakh from ₹ 10 lakh.
Pradhan Mantri Mudra Yojana (PMMY)
Vision for MUDRA 2.0
Current Affairs 3 December, 2024
Daily Current Affairs 3 December, 2024 National Affairs 1. India plans PLI 2.0 to establish self-sustaining drone ecosystem India to Launch PLI 2.0 Scheme for Development of Drone Ecosystem 2. Agni & Vaayu to be set free in wild tomorrow Cheetah Release in Kuno National Park Kuno National Park 1. Which of the following Protected Areas are located in Cauvery basin? Select the correct answer using the code given below: [UPSC Civil Services Exam – 2020 Prelims] a) 1 and 2 onlyb) 3 and 4 only c) 1, 3 and 4 onlyd) 1, 2, 3 and 4 3. India’s Mega Defence Deals with France 4. 23L ha of forest gone? NGT seeks report 5. ‘Pragati’ fast-tracked 340 projects: Oxford study “Pragati’ Platform Speeds Up India’s Infrastructure Projects” Banking/Finance 1. GST rate overhaul: GoM to propose revisions for 150 items, report on Dec 21 GST Rate Rationalisation by GoM 2. Windfall tax on domestic oil, fuel exports scrapped India Ends Windfall Tax on Crude Oil and Fuel Exports 3. Razorpay partners MHA, I4C for digital payments security Supports the Indian Cybersecurity and Digital Payment Ecosystem Razorpay works in collaboration with the Ministry of Home Affairs and Indian Cyber Crime Coordination Centre to enhance cybersecurity and digital payment ecosystem. 4. RBI lifts curbs on Navi Finserv RBI Lifts Restrictions on Sachin Bansalled Navi Finserv 5. PSBs at only 42% of FY25 MUDRA disbursement target by Oct end Public Sector Banks’ MUDRA Loans Performance• The Public Sector Banks (PSBs) and their Regional Rural Banks (RRBs) have achieved till date only 42% of the target for the disbursement of MUDRA loan in FY25.• It was possible for the Bank of Baroda to pay out only 16% of annual MUDRA target within the first seven months of FY25.• The largest PSB, State Bank of India has achieved 44% of its annual target.• Canara Bank has touched 52% of its annual target.• Union Bank of India has touched 57% of FY25.• As of October 25, MUDRA loans of ₹ 28,511 crore amounting to 12.4% of the annual target for PSBs are still under process.• The government increased the limit of MUDRA loans under Pradhan Mantri Mudra Yojana (PMMY) to ₹ 20 lakh from ₹ 10 lakh. 6. Changes in GST rates may generate additional revenue GST Council Proposal for Textile Tax Structure 7. Govt detects ₹ 824 cr GST evasion by crypto firms GST Evasion by Crypto Exchanges in India Agri Business 1. Mumbai to host global expo of nuts and dried fruits in Feb 2025 Nuts and Dry Fruits Council of India to Host Second Edition of MEWA, India 2. India to set up agency to regulate carbon trade in COP29 follow-up Indian Government to Set Up Carbon Trading Agency National Agriculture Cooperative Marketing Federation of India 3. MGNREGA work demand up 4% as farm sowing ends MGNREGA Scheme Demand RisesDemand for work under MGNREGA scheme rose by nearly 4% in November.Experts associate increase with workers reemerging at worksites following sowing operations.
3. MGNREGA work demand up 4% as farm sowing ends
MGNREGA Scheme Demand RisesDemand for work under MGNREGA scheme rose by nearly 4% in November.Experts associate increase with workers reemerging at worksites following sowing operations.
4. RBI lifts curbs on Navi Finserv
RBI Lifts Restrictions on Sachin Bansalled Navi Finserv
3. Razorpay partners MHA, I4C for digital payments security
Supports the Indian Cybersecurity and Digital Payment Ecosystem Razorpay works in collaboration with the Ministry of Home Affairs and Indian Cyber Crime Coordination Centre to enhance cybersecurity and digital payment ecosystem.
2. Windfall tax on domestic oil, fuel exports scrapped
India Ends Windfall Tax on Crude Oil and Fuel Exports
5. ‘Pragati’ fast-tracked 340 projects: Oxford study
“Pragati’ Platform Speeds Up India’s Infrastructure Projects”