Delhi HC Upholds Revocation of PepsiCo India’s IPR for Potato Variety (FL 2027)
Context: The Delhi High Court recently upheld the decision made by made by Protection of Plant Varieties and Farmers’ Rights Authority (PPVFRA) regarding the revocation of PepsiCo India’s intellectual property protection for a potato variety (FL 2027). Relevance: GS III: Indian Economy Dimensions of the Article: FL 2027 Potato Variety Case The FL 2027 potato variety case revolves around PepsiCo’s application for […]
Global Multidimensional Poverty Index
Context: Recently, the Global Multidimensional Poverty Index (MPI) 2023 has been released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). Relevance: GS III: Indian Economy (Growth and Development) Dimensions of the article: What is multidimensional poverty? Multidimensional Poverty Index (MPI) The Alkire-Foster ‘counting method’ Positives and Criticism Global Multidimensional Poverty Index (MPI) Parameters […]
GST Council: 28% Tax on Online Gaming, Casinos and Horse-Racing
Context: The Goods and Services Tax (GST) Council, in its 50th meeting, decided to levy a uniform 28% tax on full face value for online gaming, casinos and horse-racing, while reducing the rate for uncooked/ unfried snack pellets, cancer medicine and imitation zari thread. Relevance: GS III: Indian Economy Dimensions of the Article: About GST […]
Battery Electric Vehicles (BEVs)
Context: India’s electric mobility plan is largely focussed on battery electric vehicles (BEVs) replacing internal combustion engine (ICE) vehicles, with Li-ion seen as the most viable battery option for now. Relevance: GS III: Indian Economy Dimensions of the Article: Electric Vehicles (EVs): Origin and Increasing Scope in India: Types of EVs: EV Sales in India: […]
GSTN Made the Geocoding Functionality Live
Context: Recently, the Goods and Services Tax Network (GSTN) made the geocoding functionality live for all states and union territories. Relevance: GS III: Indian Economy Dimensions of the Article: About Geocoding: About Goods and Services Tax Network (GSTN): -Source: Indian Express
About The SCORES Platform
Context: A total of 3,079 complaints against companies and market intermediaries have been disposed of through the Securities and Exchange Board of India’s (SEBI) SCORES platform recently. Relevance: GS III: Indian Economy Dimensions of the Article: About SCORES Platform: Scope of Complaints: Entities Handled by SEBI: Types of Complaints Not Covered by SCORES Portal: Securities […]
Online Ads: Manipulation and Consumer Protection
ContextThe Union Consumer Affairs Ministry intends to create specific recommendations to prevent “dark patterns” that are frequently found in online marketing. Relevance GS Paper 3 – Issues related to Advertisement and Consumer Protection Mains Question The rise in dark patterns in internet advertising as a result of India’s expanding online market has raised questions regarding […]
Indian Rupee Internationalization: Challenges and Reforms
Context There is potential in the government’s unveiling of a long-term framework for further internationalising the rupee. The Indian rupee was extensively accepted as legal cash in the Gulf region until the establishment of the Gulf Rupee and subsequent depreciation, which contributed to the fall of its dominance. The rupee’s value was significantly weakened by […]
About the World Investment Report 2023
Context: Recently, the United Nations Conference on Trade and Development (UNCTAD) published its World Investment Report 2023. Relevance: GS II: Indian Economy Dimensions of the Article: Highlights of the report: About the United Nations Conference on Trade and Development (UNCTAD): Source: The Economic Times
About Internationalisation of The Rupee
Context: India is aiming to make the rupee a global currency. Pushing for a roadmap towards the internationalisation of the rupee, the Reserve Bank of India’s (RBI) inter-departmental group (IDG) said with India remaining one of the fastest-growing countries and showing remarkable resilience in the face of major headwinds, the rupee has the potential to become an […]