In May 2017, the Central Government had launched SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) with an allocation of Rs 6,000 crore. The scheme was renamed PMKSY in August 2017.
Ravi Mittal, the former secretary of, Department of Sports, has been appointed as the Chairman of Insolvency and Bankruptcy Board of India (IBBI), as per the notification issued by the Ministry of Corporate Affairs.
Rating agency Moody's has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, CY2022- 9.5 percent (Earlier it was 7 percent) CY2023 - 5.5 percent.
3 years is the minimum retention period under the re-introduced Voluntary Retention Route (VRR) for investments by Foreign Portfolio Investors (FPIs) by RBI.
EXAMIANS