Net Direct Tax Collections Rise 16.5%
Context: India’s net direct tax collections for the fiscal year 2024-25 have shown robust growth, with a significant rise in non-corporate tax receipts. Relevance: GS 3 (Economy)
Finance Minister Asserts Q2 Growth ‘Blip’ is Temporary
Context:India’s GDP growth slowed to 5.4% in Q2 2024-25, attributed to temporary factors. Relevance: GS 3 (Economy)
UN talks On Drought Deal in Saudi Fail To Produce Pact
Context: The 12-day meeting of parties to the United Nations Convention to Combat Desertification (UNCCD), known as COP16, concluded as parties tried to finalise a deal. Relevance : GS 3(Climate Change ) Negotiation Outcome: Progress Made: Drought Impact: Disagreements on Framework: Financial Support: Future Goals:
Wholesale Food Inflation Eased in NOV
Context: Overall inflation in wholesale prices cooled to a three-month low of 1.9% Relevance: GS 3 (Inflation) Overall Inflation: Food Price Trends: Primary Articles and Fuel: Manufactured Products: Economic Impact:
India Skills Report ranks Kerala among top States for employability in India
Context : Kerala maintains an employability rate of 71%, ranking fifth after Maharashtra, Delhi, Karnataka, and Andhra Pradesh. Relevance: GS 3(Employment) Youth Employability: Female Employability: Overall Employability in India: Contributors to Kerala’s Success:
Confederation of Indian Industry urges government to stick to fiscal deficit target
Context: The Confederation of Indian Industry (CII) has cautioned that overly aggressive targets could negatively impact India’s economic growth. Relevance: GS 3 (Inflation Target, GDP)
₹2.4 Lakh Crore Collected at Toll Plazas Since Inception
Context : India’s highways collected ₹2.4 lakh crore, huge contributions from FASTag tolling. Relevance: GS 3 (Infrastructure, Economic Development) Benefits of FASTag System Convenience Time-Saving Transparency and Accountability Challenges Technical Issues User Awareness Operational Challenges Way Forward
WIPO Member States Adopt Design Law Treaty in Riyadh
Context: Member states of the World Intellectual Property Organization (WIPO), including India, recently adopted the Design Law Treaty (DLT) during the Diplomatic Conference held in Riyadh, Saudi Arabia. Relevance: GS III: Indian Economy Dimensions of the Article: Design Law Treaty The Design Law Treaty (DLT) is an international legal framework proposed to standardize and simplify […]
About The Critical Minerals
Context: The Ministry of Mines recently signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation in the critical minerals sector. Relevance: GS III- Indian Economy Dimensions of the Article: What are Critical Minerals? Why is this resource critical? What is China ‘threat’? What are countries around the world doing about it? -Source: Indian Express
Exploring the Stagnation of Rural Wages Amidst India’s Economic Growth
Context: Despite India’s impressive economic growth in recent years, rural wages have remained stagnant, particularly in real terms. This situation calls for a deeper examination of the dichotomy between macroeconomic expansion and the subdued increase in rural incomes. Relevance: GS III: Indian Economy Dimensions of the Article: Rural Wages Versus Economic Growth in India Overview […]