GDP Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Healthy States, Progressive India: NITI Aayog’s Health Index 2019

NITI Aayog has released the 2nd edition of report titled “Healthy States, Progressive India: Report on Rank of States and UTs”. The report has been prepared in collaboration with Union Ministry of Health and Family Welfare along with technical assistance from World Bank. The current edition of health index accounts for period 2015-16 (base year) Read More…

Month:  Categories: Reports & Indices

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Departments to Conduct Review of Govt Guarantees

The Ministry of Finance has asked all the departments to undertake a review of government guarantees given by respective ministries to their Central Public Sector Enterprises (CPSEs) or entities. Review of Government Guarantees The review will look into aspects like whether the discharge of repayment obligations or interest obligations as per terms of the loan Read More…

Month:  Categories: Business, Economy & BankingUPSC

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RBI Cuts Key Interest Rate

The Reserve Bank of India (RBI) has slashed the key interest rate, repo rate by 25 basis points or 0.25 per cent to 6 per cent and has decided to maintain the neutral policy stance. Financial Statement of the RBI RBI projected GDP growth at 7.2 per cent for the financial year 2019-20. Reverse repo Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Proposed Nyay Scheme: Key Facts

In its election manifesto for the Lok Sabha Elections 2019, the Congress party has announced a Minimum Income scheme Nyuntam Aay Yojna (Nyay) as a surgical strike against poverty. Key Facts about the Proposed Scheme The Nyay scheme is targeted towards 5 crore families who are the poorest 20 per cent in India. Nyay scheme Read More…

Month:  Categories: Government Schemes & ProjectsUPSC

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Brexit has cost Britain nearly 2.5% of GDP: Goldman Sachs

A study by the global investment banking, securities and investment management firm, Goldman Sachs has stated that Brexit has cost Britain nearly 2.5% of GDP. Findings of the Study Britain’s economy has lost nearly 2.5 per cent of GDP relative to its growth path prior to the mid-2016 referendum on exiting the European Union (EU) Read More…

Month:  Categories: Business, Economy & BankingUPSC

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India’s April-February Fiscal Deficit at 134% of Target

India’s fiscal deficit stood at 134.2% of the full-year revised budgeted estimate at the end of February 2019. This humungous level of fiscal deficit is attributed to the tepid growth in revenue collections. The fiscal deficit for April-February 2018-19 stood at Rs 8.51 lakh crore against the revised estimate (RE) of Rs 6.34 trillion for Read More…

Month:  Categories: Business, Economy & BankingUPSC

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India’s GDP Forecasts by Fitch Ratings

In it’s Global Economic Outlook report, Fitch Ratings has cut India’s economic growth forecast for the next financial year 2019-20 starting from April 1 to 6.8 per cent from its previous estimate of 7 per cent, on the account of weaker than expected momentum in the economy. GDP Forecasts Even though Fitch Ratings has reduced Read More…

Month:  Categories: Business, Economy & BankingUPSC

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