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Union Government Invites Proposals for DDACs in 291 Gap Districts Context: The Ministry of Social Justice and Empowerment has invited proposals to establish District De-Addiction Centres (DDACs) in 291 “gap” districts across 3 3 Jun 2025 Periodic Labour Force Survey (PLFS) 2023-24 Context: India's literacy rate has reached 80.9% for individuals aged seven years and above, as reported in the Periodic Labour Force Survey (PLFS) 2023–24. Des 3 Jun 2025 Fintech Concern Under RBI’s New DLG Guidelines Context: The Reserve Bank of India (RBI) has mandated that regulated entities (REs) make full provisioning for loans sourced via Loan Service Providers (LSPs), 3 Jun 2025 RBI’s Pro-Growth Policy Stance Context: RBI has implemented back-to-back rate cuts since February 2025, reducing policy rates by 50 basis points (bps). Effective easing is ~75 bps, as overnig 3 Jun 2025 Tri-Party Repo Dealing System (TREPS) Context: Banks are borrowing funds from the Tri-Party Repo (TREPS) market at lower rates and parking them in the RBI’s Standing Deposit Facility (SDF) to earn r 3 Jun 2025 NITI Aayog Highlights Missing Middle in MSME Policy Context: Medium enterprises form only 0.3% of India's MSMEs but contribute an outsized 40% of MSME export income. They operate in innovation-driven and globally 3 Jun 2025 Indian Rupee Asia’s Worst Performer Context: The Indian rupee is Asia’s worst-performing currency this quarter. While other emerging Asian currencies gained ground, the rupee remained broadly flat 3 Jun 2025 RBI Launches Climate Risk Information System (RBI-CRIS) Context: The Reserve Bank of India (RBI) has launched a dedicated climate risk data platform, RBI-CRIS, aimed at equipping financial institutions with critical 3 Jun 2025
RBI Imposes ₹54.78 Crore in Penalties on 353 Regulated Entities : To uphold regulatory discipline and enhance financial sector integrity, the Reserve Bank of India (RBI) imposed monetary penalties on various regulated entiti 3 Jun 2025 RBI to Launch Indigenous ‘IFS Cloud’ : The Reserve Bank of India (RBI) has announced a strategic initiative to enhance digital resilience and reduce dependence on global technology infrastructure b 3 Jun 2025
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