PIB Summary and Analysis for RBI Grade B, NABARD Grade A : 23rd Aug 2021

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Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.

Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B Exam however, equally important is to know which PIB release should be read.

The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs

PIB Summary and Analysis for RBI Grade B



The Prime Minister, Shri Narendra Modi has congratulated athletes on winning the medals at World Athletics Under 20 Nairobi-2021.

The Prime Minister, Shri Narendra Modi has congratulated wrestlers on winning medals at the Junior World Wrestling Championships 2021.

  • At the Junior World Wrestling Championships 2021, our Men’s and Women’s contingent comes back with a total of 11 medals including 4 Silvers
  • The 2021 World Junior Wrestling Championships (U20) were the 44th edition of the World Junior Wrestling Championships and were held in Ufa, Russia 

New portal under Bhuvan “Yuktdhara” will facilitate planning of new MGNREGA assets using Remote Sensing and GIS based information

  • This platform will serve as a repository of assets (Geotags) created under various national rural development programmes, i.e., MGNREGA, Integrated Watershed Management Programme, Per Drop More Crop and Rashtriya Krishi Vikas Yojana etc., along with field photographs
  • The Minister pointed out that GeoMGNREGA on Bhuvan has received wide acclaims. The Before-During-After Geotagging of assets has successfully implemented the progress based disbursement of the funds during the process of creation of rural assets. 
  • Also, a Citizen-centric Mobile Application JANMANREGA has helped rural population for providing feedback using Bhuvan services

Industry Associations to play a key role in achieving target of $400 billion merchandise exports in 2021-22: Shri Piyush Goyal

  • India developing a SAFE ecosystem i.e. Sustainable, Agile, Futuristic & Efficient to make India a Global Hub of manufacturing
  • India is working in mission mode to achieve target of $400 billion merchandise exports in 2021-22. 
  • Speaking about aim of USD 2 tn contribution of exports by 2030 in economy, Shri Goyal said that economy is on a path of revival and India received the highest ever FDI inflow in 2020-21. 
  • It surged by 10% to USD 81.72 bn from USD 74.39 bn (2019-20) 

Other Insights from Article:

  • Prime Minister’s clarion call on 6th August, 2021 “Local goes Global: Make in India for the World”
  • PLI worth Rs 1.97 Lakh Cr to 13 sectors in next 5 years
  • One District One Product under which creating a pool of 739 products from 739 districts
  • India Industrial Land Bank for providing a GIS-enabled database of industrial areas

India, ADB sign $500 million loan to expand Metro Rail Network in Bengaluru

CCI imposes Rs 200 crore penalty on Maruti for restricting discounts by dealers

  • CCI found that MSIL had an agreement with its dealers whereby the dealers were restrained from offering discounts to the customers beyond those prescribed by MSIL.

Shri Apurva Chandra assumes charge as Secretary, Ministry of I&B

Finance Minister launches the National Monetisation Pipeline

  • The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22. 
  • NMP estimates aggregate monetisation potential of Rs 6.0 lakh crores through core assets of the Central Government, over a four-year period, from FY 2022 to FY 2025.

Note: It will be discussed in Detail on our EcoLearn Website.

Finance Minister launches the National Monetisation Pipeline



News Source : Multiple PIB Articles

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