Indian Economy - Current Affairs for April, 2015

Indian Economy Current Affairs for April, 2015

Month wise coverage of Indian Economy Current Affairs helps you improve your general knowledge and prepare for all competitive exams like IBPS, Bank PO, SBI PO, RRB, RBI, LIC, Specialist Officer, Clerk, SSC, UPSC, Railway etc. This section is updated daily with the most important events.

Preparing Indian Economy Current Affairs April, 2015

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  • Month & Year   
▼ Bharat Mala to be constructed from Gujarat to Mizoram   [04-13-15]

The project will start from Gujarat and Rajasthan, move to Punjab and then cover the entire string of Himalayan states – Jammu and Kashmir, Himachal Pradesh, Uttarakhand – and then portions of borders of Uttar Pradesh and Bihar alongside Terai, and move to Sikkim, Assam, Arunachal Pradesh, and right up to the Indo-Myanmar border in Manipur and Mizoram.

▼ Spain forms MoU to make Delhi smart city   [04-13-15]

Spain has proposed cooperation with India in developing smart and sustainable cities in the country and presented a draft of a Memorandum of Understanding (MoU) in this regard. The MoU relating to urban development was presented during the meeting of a Spanish delegation led by its Minister of Foreign Affairs and Cooperation Jose Garcia-Margallo Marfil with the Urban Development Minister M Venkaiah Naidu in Parliament House in New Delhi.

▼ EPFO to invest 5% of its corpus in exchange traded funds   [04-13-15]

It will result into an inflow of around five thousand crore rupees into the stock markets during this fiscal. As per estimates, the EPFO's incremental deposits for 2014-15 would be around 80 thousand crore rupees.

▼ PAN Card to be issued within 48 hours of applying   [04-13-15]

Permanent Account Number (PAN) is a 10-digit alpha numeric number, issued in the form of a laminated card by the Income Tax Department. Besides, special camps will be organised throughout the country, including rural areas, to help people get PAN cards.

▼ FRP for sugar season 2015-2016 at 230 per quintal   [04-4-15]

The FRP for the last sugar season was Rs 220 per quintal.

▼ AP CM Naidu seeks to replicate Shanghai's success and prosperity   [04-4-15]

AP State Energy Secretary, Ajay Jain, who accompanied the Chief Minister on his six-day tour to China, said several national and international companies are keen to invest in the State.

▼ Percent of growth during January-March 2015 in India at 3.2%   [04-4-15]

Nearly 23 lakh foreign tourists visited India between January and March this year.

▼ WB predicts 8% growth for India in 2017   [04-3-15]

The World Bank has predicted 8 percent GDP growth rate of India by 2017 and said that a strong expansion in the country, coupled with favorable oil prices, would accelerate the economic growth in South Asia. The bank in its semi-annual report said, in India, GDP growth is expected to accelerate to 7.5 percent in fiscal year 2015 -16 and India's economic growth could reach 8 per cent in fiscal year 2017-18, on the back of significant acceleration of investment growth to 12 per cent during 2016 to 2018.