gross domestic product Current Affairs - 2019

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Zero Pendency Courts Project

Zero Pendency Courts Project is the pilot project of the Delhi High Court. The pilot project was undertaken in certain subordinate courts of Delhi to identify benchmarks for different types of cases timelines, number of judges required, case flow management rules and a host of other relevant factors. The project was also aimed to provide Read More…

Month:  Categories: StatesUPSC

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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 to grow at 7.2 per cent in 2018-19: CSO

The Central Statistics Office has released the first advance estimates of National Income for 2018-19. The observations made by CSO are: Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the 2018-18. Real GVA (Gross Value Added) is expected to grow at 7 per Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Pradhan Mantri Shram Yogi Mandhan

The Union Finance Minister Piyush Goyal announced the Pradhan Mantri Shram Yogi Mandhan scheme in the interim budget 2019 for workers in the unorganised sector. About the Scheme The features of the Pradhan Mantri Shram Yogi Mandhan scheme are: Under the scheme, an assured monthly pension of Rs 3,000 per month will be provided to Read More…

Month:  Categories: Government Schemes & ProjectsUPSC

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India Manufacturing Barometer 2019 Report: Key Facts

The India Manufacturing Barometer 2019 Report has been prepared by Federation of Indian Chamber of Commerce and Industry (FICCI) in association with PwC. The report was prepared based on the survey of companies which contribute approximately 12 per cent to the manufacturing Gross Domestic Product (GDP) of the country from the automobiles, chemicals, electrical machinery, food Read More…

Month:  Categories: Reports & Indices

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GDP forecasts by Standard Chartered Plc: Key Facts

Standard Chartered Plc, a multinational company has made long term forecasts about the shake-up of the world’s gross domestic product (GDP) rankings. The key elements of the forecast are: Seven of the world’s top 10 economies by 2030 most likely would be emerging markets of the present. China would become the largest economy by 2020, Read More…

Month:  Categories: Business, Economy & BankingUPSC

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