Community & General News

RBI extends the scope of tokenisation to include consumer devices like laptops, desktops, wearables etc.

26 August 2021 at 05:47

On a review of the framework and keeping in view stakeholder feedback, it has been decided to extend the scope of tokenisation to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc.

Posted in Community & General | 1656 Views

FM Smt. Nirmala Sitharaman says Industry should come forward and take more risks

25 August 2021 at 05:54

FM emphasised on the importance of Government and Industry working together to ‘create India’s own equity capital’. She also emphasised on identifying how the sunrise sectors and start-ups can contribute to the future of India.

Posted in Community & General | 1635 Views

DPE brings out 60th annual Public Enterprises Survey 2019-20

12 August 2021 at 05:47

The Public Enterprises Survey 2019-20 has been laid in the Lok Sabha on 6th August 2021 and in the Rajya Sabha on 9th August 2021 respectively. As per the PE Survey 2019-20 as on 31st March 2020, there are 256 operational CPSEs.

Posted in Community & General | 1602 Views

ICAI issues Exposure Draft of Subsidiaries without Public Accountability: Disclosures

10 August 2021 at 05:45

ICAI has issued an Exposure Draft that sets out the proposal of the IASB for a new IFRS Standard - Subsidiaries without Public Accountability: Disclosures. Comments on the ED may be sent electronically or via email or post by 15.12.2021.

Posted in Community & General | 1419 Views

Contribution of MSMEs to GDP

10 August 2021 at 05:52

The share of the MSME manufacturing in All India manufacturing gross value output during the year 2018-19 and 2019-20 were 36.9% and 36.9% respectively, while the share of export was 49.8% and 49.5% respectively.

Posted in Community & General | 1842 Views

Digital payments surge from 1459.02 crore in FY 2017-18 to 4371.18 crore in FY 2020-21

10 August 2021 at 05:46

On the digital payment ecosystem, Shri Pankaj Chaudhary stated that the total volumes of digital payments increased from 1459.02 crore in FY 2017-18 to 4371.18 crore in FY 2020-21 due to sustained efforts towards digitalisation.

Posted in Community & General | 1590 Views

GDP growth projection for FY 2021-22 retained at 9.5%

07 August 2021 at 06:23

Repo rate remains unchanged at 4%; GDP growth projection for FY 2021-22 retained at 9.5%. CPI Inflation is expected at 5.7% for FY 2021-22 while Consumption, Investment, and External demand are on the path of regaining traction.

Posted in Community & General | 2079 Views

Know all about e-RUPI, the new digital payment instrument

06 August 2021 at 12:18

e-RUPI is basically a digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.

Posted in Community & General | 3303 Views

Clarification on Establishment of MSMEs

06 August 2021 at 06:25

The Ministry of MSME does not establish micro, small and medium enterprises in the country. The promotion and development of enterprises is a State subject. However, the Central Government supplements the efforts of the State/UT Governments.

Posted in Community & General | 1896 Views

91% MSMEs found to be functional as per recent study

06 August 2021 at 06:23

On 1st July 2020, after the adoption of a new definition of MSMEs, a new registration portal ‘Udyam Registration’ has been launched by M/o MSME and so far 41,37,443 classified MSMEs are registered on the portal.

Posted in Community & General | 1893 Views