Site icon TheCompanyBoy

Indian Economy Notes – Vajiram Written Notes

Author: VISION IAS

Size of File:  9.9MB

Number Of Pages: 82

Language: ENGLISH

Category : Economy

Page Quality: Good

Download: ECONOMY FOR IAS DOWNLOAD LINK

Preview

ECONOMY
Table of Contents

1. BANKING AND MONETARY POLICY ____4
1.1. Banking Reforms ___________________4
1.1.1. Bank Recapitalisation Plan ____________4
1.1.2. Non-Performing Assets _______________5
1.1.3. Insolvency and Bankruptcy Code _______6
1.1.4. Linking Swift to Core Banking __________6
1.1.5. RBI Withdraws SDR, S4A______________7
1.1.6. Branch Authorisation Policy ___________7
1.1.7. Linking Bank Lending Rates to External
Benchmark______________________________7
1.1.8. Consolidation of Public Sector Banks ____8
1.1.9. Financial Resolution and Deposit Insurance
(FRDI) Bill 2017 __________________________8
1.2. Reserve Bank of India _______________9
1.3. Differentiated Banks ________________9
1.4. Domestic Systematically Important Bank
___________________________________10
1.5. Priority Sector Lending Norms _______10
1.6. Public Credit Registry ______________10
1.7. ATM ____________________________11
1.8. Non-Banking Financial Companies ____11
1.8.1. The Ombudsman Scheme for NBFCs ___11
1.8.2. Peer to Peer (P2P) Lending ___________12
1.9. Inflation Measurement _____________12
1.10. Merchant Discount Rate ___________13
1.11. Chit Funds (Amendment) Bill, 2018 __13
2. FINANCIAL MARKET________________14
2.1. Financial Market Instruments________14
2.1.1. Qualified Institutional Placement (QIP) _14
2.1.2. Masala Bonds _____________________14
2.1.3. Green Bond _______________________15
2.1.4. Bharat-22_________________________15
2.1.5. Commodity Options ________________16
2.1.6. Sovereign Gold Bond Scheme_________16
2.1.7. P-Notes Norms ____________________16
2.2. Market Infrastructure Institutions ____17
2.3. Panel to Review Norms on Unfair Trade
Practices ____________________________17
2.4. Shell Companies __________________17
2.5. Financial System Stability Assessment
(FSSA) And Financial Sector Assessment (FSA)
___________________________________18
3. FISCAL___________________________19
3.1. Government Abandons Revenue Deficit
Targeting____________________________19
3.2. Medium-Term Expenditure Framework
Statement (MTEF) ____________________20
3.3. Disinvestment ____________________20
3.4. Economic Advisory Council__________21
3.5. Financial Data Management Centre___21
4. TAXATION _______________________22

4.1. Goods and Services Tax____________ 22
4.1.1. National Anti-Profiteering Authority___ 22
4.1.2. GST E-Way Bill ____________________ 23
4.1.3. Directorate General of Goods and Service
Tax Intelligence ________________________ 23
4.2. Capital Gains Tax Rules ____________ 24
4.3. Minimum Alternate Tax ___________ 24
4.4. Project Insight ___________________ 24
4.5. Relaxation on Bilateral Transfer Pricing
Policy______________________________ 25
5. EXTERNAL SECTOR_________________26
5.1. WTO Ministerial Conference 11 _____ 26
5.2. Base Erosion and Profit Shifting _____ 27
5.3. Invesment-State Dispute Settlement _ 27
5.4. Foreign Direct Investment in India ___ 28
5.5. India Set to be a Part of GFXC _______ 28
5.6. Mid-Term Review of Foreign Trade Policy
___________________________________ 29
6. EMPLOYMENT AND SKILL DEVELOPMENT
__________________________________30
6.1. Sankalp & Strive Schemes__________ 30
6.2. BPO Promotion Schemes __________ 30
6.3. Wage Code Bill 2017 ______________ 31
6.4. Voluntary Unemployment _________ 31
7. INCLUSIVE GROWTH AND DEVELOPMENT
__________________________________33
7.1. SATH Programme ________________ 33
7.2. Hill Area Development Programme for
Northeast __________________________ 33
7.3. Island Development Agency ________ 33
7.4. Aajeevika Grameen Express Yojana
(AGEY) _____________________________ 33
7.5. SUNREF Housing Project ___________ 34
7.6. Affordable Housing _______________ 34
7.7. Sampoorna Bima Gram Yojana______ 35
8. AGRICULTURE AND ALLIED INDUSTRIES36
8.1. Contract Farming_________________ 36
8.2. Doubling Farmers Income __________ 36
8.3. Sampada Scheme ________________ 37
8.4. RKVY-Raftaar ____________________ 37
8.5. Operation Greens ________________ 38
8.6. Organic Food ____________________ 38
8.7. Jute-ICARE ______________________ 39
8.8. Coir Industry ____________________ 40
8.9. National Year of Millets ___________ 40
8.10. Dairy Sector ____________________ 41
8.11. Boosting Silk Production __________ 41
8.12. Fishery Sector in India ____________ 42
8.13. Edible Oil Import ________________ 42
8.14. Honey Mission __________________ 43

2

8.15. NABARD________________________44
8.16. Farmer Producer Companies _______44
8.17. Agriculture Inputs ________________44
8.17.1. Long Term Irrigation Fund __________44
8.17.2. Seed Industry_____________________45
8.17.3. Drip Irrigation Project ______________45
8.17.4. Fertilizer Sector ___________________46
8.17.5. Sub-Mission on Agricultural
Mechanization__________________________46
8.17.6. Price Deficiency Payment (PDP) Scheme46
8.17.7. Interest Subvention Scheme_________47
8.17.8. E-Krishi Samvad___________________47
8.18. Agriculture Market _______________47
8.18.1. E-Rakam Portal for Selling Agri-Produce47
8.18.2. Agri Udaan_______________________47
8.18.3. Negotiable Warehousing Receipts ____48
8.18.4. Nivesh Bandhu ___________________48
8.19. Agricultural Education_____________48
8.19.1. National Agricultural Higher Education
Project ________________________________48
8.19.2. International Rice Research Institute __49
8.20. Codex Alimentarius Commission ____49
9. INDUSTRIAL POLICY AND ASSOCIATED
ISSUES ____________________________50
9.1. MSME Sector _____________________50
9.2. Champion Sectors in Services ________51
9.3. Initiatives Related to Start Ups_______51
9.3.1. State Start-Up Ranking 2018__________51
9.3.2. Start-Up India Hub _________________52
9.3.3. Start-Up Sangam Initiative ___________52
9.4. Textile Sector_____________________52
9.4.1. SAATHI Scheme ____________________52
9.4.2. Scheme for Capacity Building in Textiles
Sector_________________________________53
9.4.3. Rajiv Gandhi Shramik Kalyan Yojana ___53
9.5. Leather Industry __________________54
9.6. Ship-Breaking Industry _____________54
9.7. Electronics Manufacturing in India____54
9.8. Domestically Manufactured Iron and Steel
Products Policy _______________________55
9.9. National Productivity Council (NPC)___56
9.10. Land Bank for Industrial Allocation __56
10. INFRASTRUCTURE ________________57
10.1. Roads __________________________57
10.1.1. National Highway Investment Promotion
Cell ___________________________________57
10.1.2. INAM-Pro+_______________________57
10.1.3. Central Road Fund_________________58
10.1.4. National Vehicle Registry ___________58
10.1.5. Intelligent Transportation Systems ___58
10.1.6. India Road Assessment Programme___58
10.1.7. International Road Transports (TIR)
Convention ____________________________59
10.2. Railways________________________59
10.2.1. Rail Development Authority _________59
10.2.2. New Metro Rail Policy 2016 _________59

10.2.3. National Rail and Transportation
University _____________________________ 60
10.2.4. IROAF Gets Golden Peacock Award __ 60
10.2.5. SFOORTI App ____________________ 60
10.3. Aviation _______________________ 60
10.3.1. UDAN 2_________________________ 60
10.3.2. Audit of Aviation Sector in India _____ 61
10.4. Ports and Waterways ____________ 61
10.4.1. Ports sector _____________________ 61
10.4.2. Coastal Economic Zone ____________ 62
10.4.3. Ro-Ro Ferry Service Launched _______ 62
10.4.4. Jal Marg Vikas Project _____________ 63
10.5. Electricity ______________________ 63
10.5.1. Saubhagya Yojana ________________ 63
10.5.2. National Power Portal (NPP) ________ 64
10.6. Logistic Sector __________________ 64
10.7. Real Estate (Regulation and
Development) Act, 2016_______________ 65
10.8. InvIT and REITS _________________ 66
10.9. National Investment and Infrastructure
Fund ______________________________ 66
11. ENERGY ________________________67
11.1. Hydropower____________________ 67
11.2. Wind Power ____________________ 67
11.3. Solar __________________________ 68
11.3.1. KUSUM _________________________ 68
11.3.2. Sustainable Rooftop Implementation for
Solar Transfiguration of India (SRISTI) _______ 68
11.4. Nuclear Power Plants ____________ 69
11.5. Coal __________________________ 69
11.5.1. Shakti Policy _____________________ 69
11.5.2. Commercial Mining in Coal _________ 70
11.6. Petroleum _____________________ 70
11.6.1. Strategic Oil Reserves _____________ 70
11.6.2. Hydrocarbons Exploration and Licensing
Policy (HELP)___________________________ 71
11.6.3. Fuel Administered Price Mechanism__ 71
11.6.4. Pradhan Mantri Urja Ganga_________ 72
11.7. Minerals _______________________ 72
11.7.1 Draft Template for Star Rating of Minor
Minerals ______________________________ 72
11.7.2. Draft National Mineral Policy 2018 ___ 73
12. REPORTS/INDEXES _______________75
12.1. Ease of Doing Business Reports ____ 75
12.2. State Investment Potential Index ___ 75
12.3. World Economic Forum Reports/ Index
___________________________________ 75
12.3.1. Global Competitiveness Index_______ 75
12.3.2. Inclusive Development Index _______ 76
12.4. World Economic Situation and Prospects
___________________________________ 76
12.5. World Employment and Social Outlook
2018_______________________________ 77
12.6. Liveability Index_________________ 77
12.7. World Economic Outlook _________ 77

3
12.8. Consumer Confidence Index Survey__77
12.9. Other Reports ___________________78
13. MISCELLANEOUS _________________79
13.1. Consumer Protection Bill, 2018 _____79
13.2. Bureau of Indian Standards Act, 2016 79
13.3. Indian Labour Conference (ILC) _____79
13.4. Public Utilities Services ____________80
13.5. National CSR Data Portal & Corporate
Data Portal __________________________80

13.6. International Association of Insurance
Supervisors (IAIS) ____________________ 80
13.7. Darpan Project__________________ 81
13.8. Bhartiya Nirdeshak Dravya ________ 81
13.9. Dhola Sadiya Bridge______________ 81
13.10. Inauguration of Aji Dam _________ 81
13.11. Think20 Task Force _____________ 81
13.12. ANUGA _______________________ 81