IMF gives ‘C’ grade for India’s national accounts statistics
WHY IS THIS IN NEWS? Relevance GS3 – Economy / Growth Measurement• Quality of GDP estimation under MOSPI/NSO scrutiny.• Discrepancies between production vs expenditure GDP.• Outdated base year (2011–12) and need for rebasing.• Deflator issues (WPI–CPI divergence).• Statistical system reforms: MCA-21 data, GSTN integration. GS2 – Governance / Institutions• Role of IMF’s Article IV surveillance.• Credibility of official statistics as a governance issue.• Transparency norms […]
Safran LEAP Engine MRO Facility in Hyderabad
Why is it in News? Relevance GS3 – Economy & Infrastructure GS3 – Science & Technology GS2 – International Relations What is an MRO Facility? The LEAP Engine What is the LEAP engine? Key Technical Features Why LEAP matters for India? Why India wants engine design capability ? Policy Framework Supporting Aerospace Manufacturing FDI liberalisation PLI […]
INR Depreciation
Current Status Relevance: GS3 – Economy GS2 – International Relations Comparison with Asian Peers Drivers of Depreciation Forward Outlook
Bima Gram API
Why is it in News? Relevance: Background: Significance of the Initiative: Implications:
Alcobev Sector Rethinks Packaging Strategy
Why in news ? Relevance Packaging types Market context Economic drivers Industry adjustments Regulatory angle Environmental perspectives Structural vs cyclical changes
Cryptocurrency and Dirty Money
Why in News? Relevance : GS 3 – Economy & Security GS 2 – Governance GS 3 – Internal Security What is Crypto Money Laundering? How Cryptocurrency Is Used to Launder Money (as per investigation) Key Findings from The Coin Laundry Project Why Crypto is Attractive for Criminal Networks Case Studies Mentioned Agencies’ Findings (ED, FIU, […]
Rationalisation of Royalty Rates for Critical Minerals
Why in News ? The Union Cabinet approved new royalty rates for critical minerals — graphite, caesium, rubidium, and zirconium — to promote auction and domestic mining of these strategically vital resources essential for EVs, semiconductors, and renewable energy technologies. Relevance : GS 3 – Economy / Science & Tech / Environment Background New Royalty Structure (Approved by Cabinet, Nov 2025) Mineral Previous […]
India Must Safeguard its Baryte Reserves
Why in News ? Relevance:GS 3 – Economy & Energy Security• Strategic minerals in oil drilling and defence industries• Rapid depletion of Mangampet (Andhra Pradesh) baryte reserves• Export-oriented mining vs strategic stockpiling• Critical Minerals Strategy 2023 and national resource security• Long-term energy and defence self-reliance GS 2 – Governance & Policy• Centre–State coordination in mineral resource governance (APMDC role)• Export regulation and strategic mineral […]
Nobel Prize in Economics 2025
Why in News ? Relevance: GS 3 – Economy & Science–Tech Interface• Endogenous growth theory – knowledge as capital (Aghion, Howitt)• Innovation ecosystems and R&D policy in India• Education, skill development, and inclusive technological diffusion• Role of AI, automation, and human capital formation• India’s innovation bottlenecks – inequality, institutional weaknesses GS 2 – Governance• Role of State […]
8th Central Pay Commission (CPC) 2025
Why in News? Relevance: GS 3 – Economy• Public expenditure management and fiscal responsibility (FRBM targets)• Pay–productivity linkage in public administration• Pension reforms – NPS vs. OPS sustainability debate• Inflationary pressures and wage–price spiral concerns• Fiscal federalism – implications for States’ finances GS 2 – Governance• Efficiency and motivation in bureaucracy• Role of pay commissions in administrative reforms […]