Crisil Current Affairs - 2020

Average Monthly Income of workers under MGNREGA doubled during lock down

The CRISIL report says that the average income of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has doubled during COVID-19 lock down. Key Findings of the report The period of April-July witnessed 46% growth in work execution under the scheme. The average per day wage increased by 12% according to the report. The push Read More…

World Bank Report

The World Bank in its latest Global Economic Prospect downgraded its projection of growth of India by -9%. However, the World Bank believes that Indian growth is to bounce back in 2021. Highlights The World Bank says that the growth of India has slowed by 4.2% in 2019-20. The other international rating agencies such as Read More…

CriSidEx: CRISIL, SIDBI launches India’s first MSE Sentiment Index

The SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The index will help to indicate the current state and expected outlook on the MSME sector every quarter. CriSidEx CRISIL-SIDBI MSE Sentiment Index (or CriSidEx) has been developed Read More…

Infosys appoints Roopa Kudva as independent member of board

India’s second largest software services firm, Infosys has appointed Roopa Kudva as an independent member on its board of directors. At present, she is managing director (MD) and chief executive officer (CEO) of Crisil, a subsidiary of global rating agency- Standard & Poor’s. About Roopa Kudva Kudva had joined Crisil in 1992 and was appointed its MD Read More…