India Innovation Index 2020 was recently released by the NITI Aayog, depicting innovative capabilities of States & UTs. Know here how is the India Innovation Index calculated and methodology used to rank States/UTs.
The Indian economy is likely to contract by 7.7 percent in the current fiscal year, in comparison to 4.2 percent growth recorded in 2019-20. The projection comes as a big blow to the country's economy.
The government had approved the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme in March 2020 for reimbursement of taxes and duties to exporters to give a boost to the country’s dwindling exports.