Economics (Part-III) (Railway)

• It was the general theory of employment, interest and money.

• It's ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

• It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India.

• It is a government owned steel producer based in Visakhapatnam, India.

• It is under the ownership of Ministry of Steel, Government of India.

• It is the first shore based Integrated Steel Plant in the country.

• It is done under the overall guidance of the chief economic adviser.

• It is released after it is approved by the finance minister.

• According to this plan every year the performance of the plan will be assessed and a new plan will be made next year based upon this assessment.

• It was recognised as a stock exchange by SEBI in April 1993 and commenced operations in 1994.

• The Durgapur, Rourkela and Bhilai steel plants were established in collaboration with Britain, Germany and Russia respectively.

• The hydrogen blended natural gas will be supplied to Avantika Gas Ltd, one of GAIL's joint venture with HPCL, for retailing of CNG (Compressed Natural Gas) to automobiles and piped natural (PNG) gas to households in Indore.

• Later in January 1974, the Government of India formally merged the operations of HE(I)L and BHEL and created a modern global enterprise.

• The act was passed in enacted in October 1986 and came into force on December 24, 1986.

• It was replaced by the Consumer Protection Act, 2019.