More anti-cancer drugs under price control
The union government capped trade margins of 42 cancer drugs at 30%, seeking to curb profiteering on these vital medicines.
Fiscal Deficit in January
As per the official data released, fiscal deficit widened in January to ₹7.7 lakh crore, or 121.5% of the Budget Estimates for the full year.
Organised Retail in India
According to a latest joint report by Deloitte and the Retailers Association of India (RAI), the share of the organised retail market is expected to increase from 12% in 2017 to 22%-25% by 2021.
Minimum Assured Return Scheme (MARS)
Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme National Pension System(NPS).
Interim dividend to government
The Central Board of the Reserve Bank of India decided to transfer interim surplus of Rs 28,000 crore to the government.
Panel on monthly national minimum wage
The report of the 7-member expert panel recommended a uniform national minimum wage of Rs 9,750 per month.
Wholesale inflation eases
As per the data released by the commerce and industry ministry Wholesale inflation eased to a 10-month low of 2.76% in January due largely to cooling fuel prices.
Retail inflation
As per the official data released, retail inflation continued to slide, easing to a 19-month low of 2.05% in January.
IIP grows at 2.4% in December
Industrial output grew by 2.4% in December, up from 17-month low of 0.3% in November, showed data released by the Central Statistics Office (CSO).
Pradhan Mantri Shram Yogi Maandhan (PMSYM)
The Finance Minister in the interim Budget 2019, has proposed to launch a mega pension yojana namely ‘Pradhan Mantri Shram-Yogi Maandhan’ (PMSYM) for the unorganised sector workers.