Category: Factly – Indian Economy

Source: TOI What is the News? The Ministry of Consumer Affairs has issued the Draft for Consumer Protection Rules (Direct Selling) 2021. Key Features of the Draft Consumer Protection Rules (Direct Selling) 2021: Applicability of Rules: These rules will apply to: All goods and services brought or sold through direct selling All direct selling entities… Continue reading Govt issues draft norms to regulate direct selling cos

Source: Economic Times, The Hindu What is the news? Centre has imposed stock limits on all pulses except moong held by wholesalers, retailers, importers, and millers till October. The stock limit of 200 tonnes, for any one variety of pulses, has been imposed on wholesalers. An order in this regard has been issued by the… Continue reading Govt imposes stock limits on pulses till October

Source: Livemint What is the News? Securities and Exchange Board of India(SEBI) has put out a consultation paper seeking comments on its superior voting rights(SR) framework. What is the Superior Voting Rights(SR) Framework? The Securities and Exchange Board of India(SEBI) has introduced the Superior Voting Rights(SR) Framework in 2019. Aim of the framework: to allow… Continue reading SEBI to review superior voting rights framework

Source: PIB What is the News? Science and Engineering Research Board (SERB) in collaboration with Intel India has launched the Fund for Industrial Research Engagement(FIRE) Program. About Fund for Industrial Research Engagement(FIRE) Program: The FIRE program is a joint government and industry initiative with an aim to promote innovative technology solutions and strengthen academic research… Continue reading SERB launches Fund for Industrial Research Engagement (FIRE) Initiative

Source: Livemint What is the News? Securities and Exchange Board of India(SEBI) has come up with a framework for creating so-called accredited investors. What are Accredited Investors? Accredited Investors are those investors who may be considered to be well-informed or well-advised about investment products. Eligibility to become Accredited Investor: Anyone is eligible to become an… Continue reading Accredited investors: All you need to know about this new category

Source: PIB What is the News? Union Cabinet has accorded approval for the revised implementation strategy of BharatNet through Public-Private Partnership(PPP) mode in 16 States of the country. BharatNet Project: BharatNet Project was originally launched in 2011 as the National Optical Fibre Network(NOFN) and renamed as Bharat-Net in 2015. What is the revised implementation strategy… Continue reading Cabinet approves BharatNet implementation through Public Private Partnership Model

Source: Livemint What is the News? According to the Chief Economic Advisor(CEA), the Government is following a Capital Expenditure(Capex) driven strategy to boost economic activity in the country. Key facts mentioned in the article: What is Gross Fixed Capital Formation(GFCF)? Gross Fixed Capital Formation(GFCF) represents investment demand in the economy. As per RBI, GFCF refers… Continue reading Capex push to aid economy: CEA