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Indian Economy

Important Government Schemes

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National Initiative for development and Harnessing Innovation (NIDHI)• The Department of Science and Technology launched this programme.• The goal of this programme is to help people turn their ideas and innovations (both knowledge-based and technology-driven) into profitable businesses.• The...
Indian Economy

Schemes For MSMEs in India

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The Government of India started the MSME plan, which is a ministry that seeks to offer financial help to small and medium-sized businesses. This plan also provides financial support as well as essential marketing and branding for the firm. The...
Indian Economy

Schemes For Unorganized Sector

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An unorganized sector is a sector where employment and wages are not regulated by government rules. This sector mostly consists of people working in small home-based industries, fishermen, handloom workers, weavers, plantation labourers, toddy tappers, beedi workers (plant leave-based...
Article

RBI- Reserve Bank of India

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RBI (Reserve Bank of India) is the central bank of India and a statutory body responsible for multiple tasks like printing the currency notes and acting as a custodian to other primary banks of the nation. The RBI was...
Article

RBI- Digital Payments Index

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The Digital Payment Index (DPI), released in September 2021, shows an increase of 39.64% as 304.06 DPI against 217.59 in the same month. As per the index for March 2022, DPI is at 349.30 from 304.06 for September 2021. Essential...
Article

UPI- Unified Payments Interface

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The National Payments Corporation of India (NPCI), which is governed by the Reserve Bank of India (RBI) and IBA (Indian Bank Association), established the concept of UPI. Achievements of Unified Payments Interface (UPI): During the epidemic year 2020–2021, digital transactions using...
Article

Mining Sector In India

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Mining Sector in India India is a developing country and can utilize mineral resources to meet the demands of GDP and economic growth. The mining sector is going through various challenges and disruptions that hamper its growth. There are many...
Article

Toy Industry in India

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The Current Outlook of the Toy Industry in India At present India is manufacturing a variety of toys that are capable to stand out in the global and the local market. The toy industry has observed a boom over the...
Article

Metal Industry

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The metal industry is one of the most flourishing industries and one of the core industries of India contributing more than 2% to the total GDP of India. India has some of the largest natural resources for crude steel...
Article

Automobile Industry in India

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 India became the fourth-largest nation in the world by automobile industry worth in 2022. The auto sector in India is currently valued at more than $100 billion, produces 8% of the total exports, and accounts for 2.3% of the country’s...
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