NPS Vatsalya Scheme: A Comprehensive Guide to Securing Your Child’s Financial Future NPS Vatsalya Scheme is a path-breaking pension scheme launched by the Union Finance Minister to pave way for providing pension rights for minors. This scheme was launched under the NPS in the Union Budget 2024-25 and permits parents/guardians to make contribution in pension … Read more
Crop insurance is yet a crucial form of finance safety used to mitigate farmers against the risk of crops failure caused by natural disasters, pests, or even when the prices of the commodities in question drops. The PMFBY is the flagship insurance scheme of the Government of India which seeks to provide crop insurance to … Read more
What is a Nidhi Company? A Nidhi Company is, in fact, a Non-Banking Financial Company as defined in sec 2(1)(c) Clause 46 of the companies Act of 2013. Its main function is to save and promote the members’ monetary funds by taking deposits and offering loans only to its members. Also, known as Permanent Funds, … Read more
Understanding the K-Shaped Recovery: What It Means for the Global and Indian Economy The idea of the K-shaped recovery is a scenario that began to be actively discussed in recent years and is associated with the state of the global economy after the COVID-19 pandemic. This article seeks to explain what a K-shaped recovery is, how … Read more
Expanded HSN Codes for Rice in India GOVT TO EXPAND HSN CODES FOR RICE The Commerce and Industry Ministry is expanding the codes of classification (HSN codes) for rice. About: The goal is to separate varieties of non-basmati rice that are not traditionally consumed in the country from the popular staple variety of non-basmati white … Read more