The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
Union Ministry of Rural Development implements the 'Pradhan Mantri Gram Sadak Yojana' scheme, with National Rural Infrastructure Development Agency (NRIDA) as the nodal implementation agency.
India is the second-largest steel-producing nation, as it manufactured 100.3 MT steel in 2020 and China produced 1 064.7 MT of steel in the same year. China recorded a 3 per cent decline to 1 032.8 MT in 2021.
EXAMIANS