Positive Trends in Multidimensional Poverty Reduction in India
Context: The NITI Aayog’s recent Discussion Paper, “Multidimensional Poverty in India since 2005-06,” reveals encouraging progress, with 24.82 crore people escaping multidimensional poverty over the past nine years. The paper draws on data from the National Family Health Surveys (NFHS) conducted in 2005-06, 2015-16, and 2019-21 to analyze the long-term trends in poverty. Relevance: GS […]
About Startup India Initiative
Context: National Startup Day is observed annually on 16th January to appreciate and promote the Indian Startup Ecosystem. Relevance: GS III: Indian Economy Startup India Initiative: Nurturing Innovation and Growth Initiation and Vision: Eighth Anniversary Milestone: Government Benefits for Recognized Entities: Financial Support through SIDBI Fund of Funds: Comprehensive Initiatives:
About The Kachchhi Kharek
Context: Kachchhi Kharek, the indigenous variety of dates of Kutch, has become the second fruit of Gujarat to get a geographical indication (GI) tag from the Controller General of Patents, Designs and Trade Marks (CGPDT) of India. Relevance: GS III: Indian Economy Dimensions of the Article: Kachchhi Kharek: Cultivating Ancient Dates in Kutch Geographical Indications […]
Global Economic Prospects 2024 World Bank
Context: Recently, the World Bank (WB) has released its Global Economic Prospects Report, which shows that the global economy may witness a poor performance by the end of 2024, the slowest half-decade of GDP (Gross Domestic Product) growth in 30 years. Relevance: GS III: Indian Economy Dimensions of the Article: Global Economic Outlook 2024: Key […]
World Employment and Social Outlook
Context: The International Labour Organisation (ILO) presents the World Employment and Social Outlook: Trends 2024 report, signaling a projected rise in the global unemployment rate in 2024. Growing inequalities and stagnant productivity emerge as significant concerns. Relevance: GS III: Indian Economy Dimensions of the Article: Key Highlights of ILO’s Trends 2024 Report Resilient Labor Markets: […]
Global Risk Report 2024
Context: The World Economic Forum (WEF) presents a comprehensive Global Risk Report 2024, shedding light on imminent threats anticipated over the next decade. Amidst technological upheavals, economic fluctuations, climate concerns, and geopolitical tensions, the report underscores severe risks shaping our future. Relevance: GS III: Indian Economy Dimensions of the Article: Key Highlights of the Global […]
About Momentum Investing
Context: Many academic studies have shown that momentum investing can generate high returns that comfortably beat the benchmark indices. Relevance: GS III: Indian Economy Momentum Investing: Key Characteristics Definition: Strategy Basis: Trend Recognition: Profit Objective: Analytical Approach: Buy High, Sell Higher: Philosophical Contrast: -Source: The Hindu
Challenges in the Implementation of Insolvency and Bankruptcy Code
Context: The Insolvency and Bankruptcy Code (IBC), enacted in 2016, aimed to fulfill diverse objectives, yet recent events have sparked concerns regarding its efficacy and the resolution process. Relevance: GS III: Indian Economy Dimensions of the Article: Key Concerns with the Implementation of IBC The Insolvency and Bankruptcy Code (IBC), designed to achieve various objectives, […]
About India Post Payments Bank (IPPB)
Context: India Post Payments Bank enter into MoU with Hindustan Zinc to offer financial inclusion services to its CSR beneficiaries Relevance: GS III- Indian Economy About India Post Payments Bank (IPPB)
Seven Odisha Products Secure Geographical Indication (GI) Tag
Context: Seven distinct products from Odisha, including the Similipal Kai chutney featuring red weaver ants and the intricately embroidered Kapdaganda shawl, have been honored with the prestigious Geographical Indication (GI) tag. This recognition underscores the unique and exclusive nature of these products, firmly associating them with the cultural and geographical identity of Odisha. Relevance: GS […]