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Monthly Archives: August 2023

Over 6.23 Crore Loans Sanctioned Under Pradhan Mantri MUDRA Yojana in FY 2022-23

Over 6.23 Crore Loans Sanctioned Under Pradhan Mantri MUDRA Yojana in FY 2022-23

August 1, 2023

In Financial Year (FY) 2022-23, the Pradhan Mantri MUDRA Yojana (PMMY) has achieved a significant milestone by sanctioning over 6.23 crore loans. The Union Minister for State for Finance, Dr. Bhagwat Kisanrao Karad, shared this information in a written reply during a Lok Sabha session. The PMMY aims to facilitate access to institutional finance for …

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Fiscal Deficit in India Touches 25.3% of Full-Year Target at the End of June 2023: CGA Data

Fiscal Deficit in India Touches 25.3% of Full-Year Target at the End of June 2023: CGA Data

August 1, 2023

The fiscal deficit of the Indian government has reached 25.3% of the full-year target at the end of June 2023, as per data released by the Controller General of Accounts (CGA). This article provides an overview of the fiscal deficit situation in India, comparing it to previous years and the government’s projected targets for the …

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India, Moldova agree to sign MoU for cooperation in agriculture

India, Moldova agree to sign MoU for cooperation in agriculture

August 1, 2023

On July 31, 2023, a meeting was held between the Minister of State for Agriculture & Farmers Welfare, Sushri Shobha Karandlaje, and the Deputy Prime Minister and Minister for Agriculture & Food Industries of Moldova, Mr. Vladimir Bolea, at Krishi Bhawan in New Delhi. The meeting aimed to strengthen bilateral cooperation in agriculture between India …

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Digital payments grew significantly at 13.24% in FY23, shows RBI index

Digital payments grew significantly at 13.24% in FY23, shows RBI index

August 1, 2023

In the fiscal year 2022-2023 (FY23), digital payments in India experienced remarkable growth, as indicated by the Reserve Bank of India (RBI) Digital Payments Index (RBI-DPI). The RBI-DPI, a comprehensive measure of payment digitization, displayed a substantial increase across all parameters during this period, driven by significant advancements in payment infrastructure and performance across the …

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GST E-Invoice Rule Update: Companies with Turnover > ₹5 Crore Now Mandated to Generate E-Invoices

GST E-Invoice Rule Update: Companies with Turnover > ₹5 Crore Now Mandated to Generate E-Invoices

August 1, 2023

On July 28, 2023, the Central Board of Indirect Taxes and Customs (CBIC) announced a significant change in the Goods and Services Tax (GST) rules in India. As per the new guidelines, companies with a turnover of more than ₹5 crore will be required to generate electronic invoices (e-invoices) for their business-to-business (B2B) transactions or …

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India's Core Sector Records 8.2% Growth in June, Highest in Five Months

India’s Core Sector Records 8.2% Growth in June, Highest in Five Months

August 1, 2023

India’s eight core infrastructure sectors have shown a notable growth rate of 8.2% in June, marking the highest in five months, according to the Ministry of Commerce and Industry’s latest data released on July 31. These core sectors, including coal, crude oil, steel, cement, electricity, fertilizers, refinery products, and natural gas, play a crucial role …

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August, 2023 - - Part 50_11.1

Muslim Women’s Rights Day 2023: Date, Significance and History

August 1, 2023

Muslim Women’s Rights Day is observed across the nation on August 1 to celebrate the enactment of the law against triple talaq. The central government enacted the law on August 1, 2019, that has made the practice of instant triple talaq a criminal offence. The Union ministry of minority affairs announced that Muslim Women’s Rights …

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August, 2023 - - Part 50_12.1

World Breastfeeding Week 2023: Date, Theme, Significance and History

August 1, 2023

World Breastfeeding Week is observed every year to emphasize regular breastfeeding for babies. This year breastfeeding week commences on August 1 while it concludes on August 7. Breastfeeding is extremely crucial for the healthy growth and development of an infant. Breastmilk is the best food for newborn babies. It contains antibodies that aid in preventing …

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Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2024 article.

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