Inclusive Growth

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World Social Protection Report 2020–22

World Social Protection Report 2020–22 An Asia and the Pacific-focused study from the International Labour Organization (ILO) was just published. Major Points The report's content includes a global review of the strides made in the last ten years in extending social protection and constructing rights-based social protection systems, including floors, as well as information on the COVID-19 pandemic's effects. The report thus makes a crucial contribution to the fra

Microfinance Institutions (MFI)

Microfinance Institutions (MFI) According to a recent report, Microfinance Institutions (MFI) will be crucial to India's economic development. About microfinance institution: MFI is a company that provides low-income people with financial services. Microloans, micro savings, and microinsurance are some of these services. MFIs are financial institutions that offer modest loans to borrowers without access to banking services. The term "small loans" has different mea

Pradhan Mantri Kaushal Vikas Yojana

It is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE). It was implemented in 2015-16. Implementation by: National Skill Development Corporation (NSDC). Objective: To enable a large number of Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood. Components: Short Term Training: This training aims to provide skills for school/college dropouts or unemployed persons. Apart