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
Recognising NABARD’s Preeminent Function
Context To highlight the significance of cooperatives, a panel led by ex-Union Minister Suresh Prabhu has proposed the National Cooperative Policy.Concern has been voiced by the All-India Nabard Employees Association (AINBEA) over rumoured proposals that fail to recognise the National Bank for Agricultural and Rural Development’s (Nabard) important role in India’s economic development. Relevance: GS […]
An Upswing in Rural Entrepreneurship
Context The vast potential for rural entrepreneurship in sectors like business, industry, and agriculture can propel development. Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Mains Question Talk about the difficulties rural young entrepreneurs face in expanding their businesses and offer a comprehensive strategy that combines policy […]
What are Critical Minerals?
Context: A national critical minerals strategy for India, underpinned by the minerals identified in this study, can help focus on priority concerns in supply risks, domestic policy regimes, and sustainability. Relevance: GS III- Indian Economy Dimensions of the Article: What are Critical Minerals? Why is this resource critical? Challenges Faced by India in Assuring Resilient […]
Top Exporting District In India: Jamnagar in Gujarat
Context: Jamnagar in Gujarat is the top exporting district in India. It formed about 24% of India’s exports in value terms in FY23 (till January). Relevance: GS III: Indian Economy Dimensions of the Article Status of India’s Export Sector Trade Deficit: Top Export Sectors: Current trends: Challenges Facing the Export Sector in India: Access to […]