Updates

Union Government notified revised turnover and investment criteria for classifying Micro,Small and Medium Enterprises (MSMEs)

Union Government notified revised turnover and investment criteria for classifying

The government has notified changes to MSME classification criteria, revising investment and turnover limits effective April 1. Micro enterprises can now invest up to ₹2.5 crore (earlier ₹1 crore), with a turnover cap of ₹10 crore (earlier ₹5 crore). The government has notified significant revisions to turnover and investment criteria for classifying MSMEs that will […]

Sahyog portal

sahyog portal

The Sahyog Portal is an initiative by the Government of India designed to enhance coordination and collaboration between different government departments, public sector organizations, and citizens. It aims to streamline communication, facilitate grievance redressal, and improve service delivery through a single online platform. Objectives of the Sahyog Portal Collaboration & Coordination: It promotes inter-departmental coordination

Internationalisation of Rupee

Internationalisation of Rupee

The Internationalisation of the Rupee refers to the process of making the Indian Rupee (INR) a globally accepted currency for trade, investment, and as a reserve currency. This means the Rupee would be widely used by foreign entities for cross-border transactions, reducing dependence on the US Dollar or other dominant currencies. Internationalization of the Rupee

Free Trade Agreements (FTAs) provide resilience to India despite global tariff challenges: SBIReport

Free Trade Agreements (FTAs) provide resilience to India despite global tariff challenges

According to SBI, India’s economic resilience could be strengthened even if the US imposes reciprocal tariffs, as trends point to potential long-term challenges for the US economy. SBI Analysis: US Economy Shows Signs Of Weakness The SBI report highlights that the US economy’s post-COVID recovery may have been an outlier driven by expansive government policies.

India launches first exploration license (EL) auction for critical minerals under EL regime

India launches first exploration license (EL) auction for critical minerals under EL regime

The tranche includes 13 blocks across 10 states, covering deposits of critical and deep-seated minerals such as gold, copper, diamonds, zinc, rare earth elements (REE), vanadium, and zirconium – key inpussts for industries ranging from electronics and renewable energy to defence and aerospace. The Ministry of Mines launched the first tranche of auctions under the

Standing Committee Report on ConsumerAffairs, Food and Public Distribution (2024-25) Released

Standing Committehttps://www.cabkgoyal.com/standing-committee-report-on-consumeraffairs-food-and-public-distribution-2024-25-released/e Report on Consumer Affairs

Department of Consumer Affairs monitoring price of 38 food commodities to control the volatility in prices Retail sale of Chana, Moong and Masur Bharat Dal brand done ensuring availability of essential food items to consumers at affordable prices Intervention done through Price Stabilisation Fund Scheme to provide subsidised Onion and Tomato to consumers Special steps

New SDG indicator on Minimum Dietary Diversity (MDD) adopted by UN Statistical Commission

New SDG indicator on Minimum Dietary Diversity (MDD) adopted by UN Statistical Commission

The United Nations Statistical Commission has officially adopted a new Sustainable Development Goal (SDG) indicator focused on Minimum Dietary Diversity (MDD). This development aims to enhance the monitoring of diet quality globally, contributing to the efforts to end malnutrition and achieve SDG 2 (Zero Hunger). Key Aspects of the New MDD Indicator: Custodianship: The Food

Centre Urges Platform Workers to Register on e-Shram Portal for Formal Recognition

Centre Urges Platform Workers to Register on e-Shram Portal for Formal Recognition

The Ministry of Labour and Employment in New Delhi has urged gig and platform workers to register on the e-Shram Portal for formal recognition and access to AB-PMJAY benefits. This move follows Union Budget 2025-26 announcements, targeting healthcare coverage and identity issuance for these workers, with Niti Aayog projecting significant employment growth in this sector.

World Spice Organization Suggests Greater Value Addition in Spices to Achieve $10B Export Target

World Spice Organization Suggests Greater Value Addition in Spices to Achieve $10B Export Target

To achieve Spices Board of India’s export target of $10 billion by 2030, the country’s share in value-added spices should rise up to 70%.  India’s share in the global seasoning market, pegged at $14 billion in 2024, is only a paltry 0.7%, against China’s 12% and U.S.’s 11% India’s Status in Spices Production: India is the world’s largest spice producer.