Demonetisation Current Affairs - 2019

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Mind the Gap – State of Employment in India

Oxfam India’s latest report Mind the Gap – State of Employment in India makes the following observations: Lack of quality jobs and increasing wage disparity are key markers of inequality in the Indian labour market. The report states that the regressive social norms continue to hamper women’s participation in the workforce, pointing at the decline in Read More…

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RBI replies to RTI regarding Demonetisation

The minutes of meeting which had approved the demonetisation of Rs 500 and Rs 1000 currency notes has been revealed through RTI. The government had contested that demonetisation would help curb black money and a steep rise in Rs 500 and Rs 1,000 notes; check the circulation of fake currency and promote e-payments and financial Read More…

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India Micro, Small, and Medium Enterprises Report 2018: Key Facts

The India Micro, Small, and Medium Enterprises Report 2018 has been released Kochi based Institute of Small Enterprises and Development at the  South India MSME Summit 2019 in  Bengaluru. Findings of the Report The important findings of the report include: MSMEs need radical reforms to solve its pressing problems and to utilize its potential. Several Read More…

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Global Economic Prospects report 2019: Key Facts about India

The World Bank has released the Global Economic Prospects report 2019 titled “Darkening Skies”. The key findings of the report related to India are: India’s GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 per cent in the following two years. The growth rates are attributed to an upswing Read More…

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RBI proposes loan restructuring of MSMEs

The RBI has proposed a one-time loan restructuring scheme for micro, small and medium enterprises (MSMEs). The loan restructuring would be a big relief for troubled small businesses hit by demonetisation in late 2016 and the implementation of goods and services tax (GST) in July 2017. Features of the Restructuring scheme The features of the Read More…

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IMF lowers India’s growth forecast to 6.7 %

The International Monetary Fund (IMF) in its October World Economic Outlook (WEO) has lowered India’s economic growth forecast at 6.7% in 2017 and 7.4% in 2018. It is slower than 0.5 and 0.3 percentage points projected earlier by IMF. In April 2017 forecast, IMF had revised upwards India’s growth performance for 2016 to 7.1% as Read More…

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BMI Research: India to have a GDP Growth of 6.9% in this Fiscal 

According to BMI Research, a Fitch group company, India is expected to register a growth of 6.9% in this financial year. BMI Research was founded in 1984 by Business Monitor International and later in 2014, it was acquired by Fitch Group. The firm performs industry and financial market analysis in 24 industries and 200 global markets. Salient Facts Read More…

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