ESMA’s Derecognition of Indian CCPs
Context: The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator, has derecognized six Indian Central Counterparties (CCPs) from April 30, 2023, in accordance with the European Market Infrastructure Regulation (EMIR). Relevance: GS III: Indian Economy Dimensions of the Article: Why has ESMA Derecognized Indian CCPs? Impact of ESMA’s derecognition of Indian […]
Karnataka tops the National Manufacturing Innovation Survey
Context: Karnataka has emerged as the most innovative state in India according to the National Manufacturing Innovation Survey (NMIS) 2021-22, Relevance: GS III: Indian Economy, Facts for Prelims About National Manufacturing Innovation Survey -Source: The Hindu
Startup India Seed Fund Scheme
Context: The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking a third-party assessment of the Rs 945-crore Startup India Seed Fund Scheme to see its impact on the ground. Relevance: GS III- Growth and Development Dimensions of the Article: About Seed Fund Scheme: Eligibility Criteria for Startups What is Seed Funding? -Source: […]
India-UAE Comprehensive Economic Partnership Agreement
Context: Recently, the India-UAE Comprehensive Economic Partnership Agreement (CEPA) completed one year of implementation. Relevance: GS III: Indian Economy Dimensions of the Article: Bilateral Relationship between India and the UAE Commercial Relationship India UAE Comprehensive Economic Partnership Agreement (CEPA) Coverage Priority access to goods Services Trade Investment Remittances from Non-Resident Indians Cooperation in Energy About […]
Vivad se Vishwas I – Relief to MSMEs
Focus: GS III: Indian Economy Why in News? The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad se Vishwas I – Relief to MSMEs” for providing relief to Micro, Small and Medium Enterprises (MSMEs) for COVID-19 period. Vivad se Vishwas I – Relief Measures for MSMEs Refunds and Relief Measures: Exceptions and […]
About Gig Economy
Context: The recent strike by Zomato-owned Blinkit delivery agents has once again brought to the forefront issues plaguing the gig economy in the country. Relevance: GS III- Indian Economy Dimensions of the Article: Who is a ‘gig worker’? Proposed Law: Concerns related to gig workers and the proposed labour codes in India: Limited benefits and […]
Windfall Tax On Crude Oil
Context: India recently slashed the windfall tax on domestically produced crude oil to ₹4,100 per tonne from ₹6,400 per tonne. Relevance: GS III: Indian Economy Dimensions of the Article: What is a windfall tax? Why are countries levying windfall taxes now? What are the issues with imposing such taxes? Brew uncertainty in the market about […]
India Becomes Europe’s Largest Supplier Of Refined Fuels
Context: As per the latest data, India has become Europe’s largest supplier of refined fuels this month. Relevance: GS Paper-3: Indian Economy and issues relating to Planning, Mobilisation of Resources, Growth, Development and Employment. Dimensions of the Article: Key points: What Does India’s Rising Petroleum Product Exports to the EU Mean? Petroleum products: What are they? […]
Vibrant Villages Plan To Be Merged With PM Gati Shakti
Context: The Centre’s ambitious Vibrant Villages Programme (VVP), which aims to develop infrastructure and open up villages along the China border to tourists, will be integrated with the Prime Minister’s Gati Shakti mega project. Relevance: GS III- Indian Economy (Infrastructure) Dimensions of the Article: Key Points: About Vibrant Village Programme Focus areas Need of such […]
Logistics Performance Index (LPI) 2023
Context: India’s rank in the recently released World Bank’s Logistics Performance Index 2023 has improved by six places. Relevance: GS III: Indian Economy Dimensions of the Article: Highlights of LPI 2023: About Logistics Performance Index (LPI): -Source: The Hindu