India’s Growing Solar Waste Crisis Highlighted
Context: A report titled ‘Enabling a Circular Economy in India’s Solar Industry – Assessing the Solar Waste Quantum’ has drawn attention to India’s increasing solar waste issue. The study was undertaken by the Ministry of New and Renewable Energy (MNRE) in partnership with experts from the Council on Energy, Environment and Water, a prominent not-for-profit […]
Jobs for Resilience Report
Context: The World Bank’s ‘South Asia Regional Update: Jobs for Resilience report’ raises concerns over the South Asia region, including India, failing to capitalize on its demographic dividend. Despite projecting a robust growth rate of 6.0-6.1% for 2024-25, the report indicates that the pace of job creation in the region is insufficient compared to the […]
Curbing Malpractices within Private Banks
Context: Numerous private banks in India have been implicated in significant irregularities and malpractices, with some of these infractions highlighted in their Inspection Reports since the Supreme Court directed the Reserve Bank of India (RBI) to make such reports public under the RTI Act. However, the RBI is currently hesitant to disclose these reports publicly as per […]
India’s Defence Exports Surge to Record High in FY 2023-24
Context: India’s defence exports have reached a historic milestone, amounting to Rs 21,083 crore (approximately USD 2.63 billion) in the fiscal year 2023-24. This represents a significant increase of 32.5% compared to the previous fiscal year. Recent data also reveals an impressive 31-fold growth in defence exports over the past decade, when compared to figures […]
Reserve Bank of India
Context: Prime Minister Narendra Modi addressed a ceremony to mark 90 years of the Reserve Bank of India in Mumbai. Relevance: GS III: Indian Economy Dimensions of the Article: News Summary: Prime Minister Narendra Modi Addresses RBI@90 Ceremony About Reserve Bank of India (RBI) Overview: Composition: Primary Functions of the RBI: Monetary Authority: Regulator and Supervisor […]
Recognition of Matabari Pera and Pachra with GI Tags
Context: The Tripura Chief Minister announced that two traditional items from the state, Matabari Pera and Pachra, have been honoured with the Geographical Indication (GI) tag marking a significant milestone for local artisans and weavers. Relevance: GS III: Indian Economy Dimensions of the Article: Recognition of Matabari Pera and Pachra with GI Tags Matabari Pera: Pachra: Significance of GI […]
Analysing The India Employment Report 2024
Context: Titled ‘The India Employment Report 2024’ and authored by the Institute for Human Development/International Labour Organization, this recent report presents a grim outlook for the roughly 7-8 million young individuals entering the workforce annually, with youth comprising nearly 83% of India’s unemployed population. Relevance: GS3- Mains Question: With reference to the recently released India Employment […]
About Treasury Bills
Context: Recently, the Government of India, in consultation with the Reserve Bank of India notified the calendar for the issuance of Treasury Bills for the quarter ending June 2024. Relevance: GS III: Indian Economy About Treasury Bills Definition and Nature: Maturity Period: Financial Structure: Ownership and Utility: Functioning:
About the India Employment Report 2024
Context: The International Labour Organisation (ILO) and the Institute of Human Development (IHD) have jointly published a report titled “India Employment Report 2024”. Relevance: GS III: Indian Economy Dimensions of the Article: About the India Employment Report 2024 Publication Background: Scope and Focus: Key Highlights of the India Employment Report 2024 Data Sources: Employment Trends […]
Insurance Regulatory and Development Authority of India
Context: The Insurance Regulatory and Development Authority of India (IRDAI) has approved eight principle-based regulations including the much-awaited Bima Sugam marketplace. Relevance: GS III: Indian Economy Dimensions of the Article: About Insurance Regulatory and Development Authority of India: About Bima Trinity: Bima Sugam: Bima Vistar: Bima Vaahaks: Approvals made by IRDAI The Insurance Regulatory and […]