Regulating The Crypto Sector
Context: Recently, the India’s Finance Minister pointed out the importance of regulating the crypto sector while protecting economies from harm. Relevance: GS III- Indian Economy Dimensions of the Article: Key points: What are cryptocurrencies? How are they different from actual currency? How do cryptocurrencies derive their value? What is the state of cryptocurrency right now? […]
What Is Dabba Trading?
Context: Recently, the National Stock Exchange (NSE) issued a string of notices naming entities involved in ‘dabba trading’. Relevance: GS III: Indian Economy Dimensions of the Article: What is ‘dabba trading’? Where does it become particularly problematic? -Source: The Hindu
About The REITs and InvITs Index
Context: Recently, NSE Indices Ltd, a subsidiary of the National Stock Exchange (NSE), launched India’s first-ever Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) Index Relevance: GS III: Indian Economy Dimensions of the Article: What is the REITs and InvITs Index? What are REITs? What are InvITs? Source: Live Mint
About The Vibrant Village Programme
Context: Recently, Union home Minister launches vibrant villages program on China border in Arunachal Pradesh. Relevance: GS III- Indian Economy (Infrastructure) Dimensions of the Article: About Vibrant Village Programme Focus areas Need of such scheme: -Source: The Hindu
A Pragmatic Move By RBI
Context: The Reserve Bank of India holds increase in the policy rate surprises most banks and economy analysts. Relevance: GS III- Indian Economy Dimensions of the Article: RBI pause repo rate hike: Reasons for the pause in policy rate: Instruments of Monetary Policy There are several direct and indirect instruments that are used for implementing monetary […]
About The Fortified Rice
Context As many as 269 districts in 27 States have started distributing fortified rice under the Targeted Public Distribution System (TPDS), achieving a 100% target set for Phase II by March 2023 in the Rice Fortification Programme, said Union Food Secretary. Relevance: GS III- Indian Economy, Public distribution system Dimensions of the Article: What is […]
Open-Source Seeds Movement
Context: Farmers have innovated and shared seeds without any intellectual property rights (IPR) for centuries. They also haven’t sought exclusive rights over seeds and germplasm to prevent others from innovating on the seeds. However, with the emergence of the global IPR regime over plant varieties, there was a dire need to ‘open-source’ seeds. Relevance: GS […]
World Energy Transitions Outlook Report
Context: Recently, the International Renewable Energy Agency (IRENA) released the World Energy Transitions Outlook report. Relevance: GS III: Indian economy Dimensions of the Article: Key highlights of the report: About International Renewable Energy Agency (IRENA) -Source: Indian Express
NPCI’s New Circular On Levy Charges
Context: The National Payments Corporation of India (NPCI), which governs UPI, in a circular issued directly to banks, intimated that they can now levy charges on merchant transactions made through Prepaid Instrument wallets using UPI. Relevance: GS III: Indian Economy Dimensions of the Article: Details: What are PPIs? What is PPI interoperability? How does PPI […]
About Impending slowdown
Context: The World Bank and the Asian Development Bank (ADB) recently came up with new growth estimates. Relevance: GS Paper 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Dimensions of the Article: Key points: Impact of a possible global slowdown: What is economic cycle and its stages? Stages of […]