The Union Cabinet chaired by Prime Minister Narendra Modi approved an interest subvention of 1.5 percent per annum on short-term agriculture loans up to Rs 3 lakh to ensure "adequate credit flow in the agriculture sector".
Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
The Appointments Committee of Cabinet (ACC) has approved the appointment of the former Chief Economic Advisor (CEC) Dr. Krishnamurthy Subramaniam to the post of Executive Director (India) at the International Monetary Fund (IMF).
EXAMIANS