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Latest Important  Economic  News,  Events  and Current Affairs For  IAS,  SSC, Banking, IBPS PO and Clerical, JEE, UPSC, RAILWAYS, CTET, NDA CDS, RRB and other Competitive and Entrance Examinations

Economy – News and Events

First Mega Coastal Economic Zone to be established at Jawaharlal Nehru Port.

Moody Investor Service upgraded India’s rating from Baa3 to Baa2 (after a period of thirteen years).

Petroleum Ministry prepones BS-VI grade auto fuels in NCT Delhi. Applicable from 1.04.2018.

Post of Chairman and Technical Members of National Anti Profiteering Authority established.

Restrictions on export of Pulses removed by Cabinet Committee on Economic Affairs ( CCEA).

World Bank – Doing Business Report – India ranked 100 among 190 countries.(India Jumps to 100 from 130th Rank)

11th Trade Policy Forum – India and US, held in Washington DC on 26th, October, 2017.

Government Launches MSME – Delayed Payment Portal – MSME Samadhaan for addressing issues of delayed payments.

CCEA gives ex-post facto clearance for Implementation of Special Banking Arrangement of Rs 10,000 crores for outstanding payments clearance of fertilizer companies.

CCEA –Cabinet Committee on Economic Affairs- Rashtriya Krishi Vikas Yojana –gets clearance to continue as RKVY- RAFTAAR ( Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation ) for 3 years.

Government of India to infuse 2.11 lakh crore capital in next two years into Public Sector Banks

Bharat Mala Program - Union Cabinet approves 5.35 lakh crore for road infrastructure development.

SAATHI - Sustainable and Accelerated Adoption of Efficient Textile Technologies - launched by Ministry of Power and Ministry of Textile to help Small Industries

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