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Economy and Finance Current Affairs

  • 10-Nov-2018
  • Meghalaya Announces Rs 378-cr Investment in Aqua Mission 2.0

    The Meghalaya government on Tuesday announced Rs 378 crore investment in the second phase of the state's flagship aquaculture mission aimed at cutting down fish imports into the hill state.

    The mission - Meghalaya State Aqua Mission 2.0 - was announced by Fisheries Minister Comingone Ymbon at the 5th state aqua festival held here at the U Soso Tham auditorium premises which was also attended by hundreds of fish farmers from across the state.

  • India's Unemployment Rate Jumps to 2-Year High of 6.9%: Report 

    Unemployment rate in the country rose to 6.9 percent in October -- the highest in two years -- according to a report by Centre for Monitoring Indian Economy (CMIE).

    The estimated number of people employed during October 2018 was 397 million. This was 2.4 percent lower than the rate in October 2017. Around 407 million individuals were estimated to be employed during the same period last year.

     

  • CCEA approves disinvestment of 100% Govt stake in Dredging Corporation of India

    The Union Cabinet on Thursday approved the strategic sale of government stake in Dredging Corporation of India to a consortium of four ports.

    The government currently holds 73.44 per cent in Dredging Corporation of India Ltd (DCIL).

    "CCEA has given in principle approval for strategic disinvestment of 100 per cent Government of India's share in DCIL to consortium of 4 ports, namely Vishakhapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust," an official tweet said.

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