What Is A Bad Loan?
Context: Recently, Finance Minister told Parliament that banks had written off bad loans worth ₹10,09,511 crore during the last five financial years. Relevance: GS III: Indian Economy Dimensions of the Article: What is a loan write-off? Why do banks resort to write-offs? What is a bad loan? NPA recognition Why is there a need to […]
Vibrant Village Programme
Context: Union Home Minister said that borders can be permanently secured only when border villages are populated by patriotic citizens who are concerned for the country, asking the border-guarding forces to use the Vibrant Village Programme (VVP) for the same. Relevance: GS III- Indian Economy (Infrastructure) Dimensions of the Article: About Vibrant Village Programme Focus […]
Current Account Deficit
Context: India’s current account balance recorded a deficit of $36.4 billion — or a nine-year high of 4.4% of GDP — in the second quarter ended September, rising from $18.2 billion (2.2% of GDP) in the previous quarter, according to Reserve Bank data. Relevance: GS III- Indian Economy (Growth and Development) Dimensions of the Article: […]
What Exactly Is Blue Carbon?
Context Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth; Conservation, environmental pollution and degradation, environmental impact assessment Mains Question Blue carbon initiatives have the potential to transform the fight against climate change and global warming from a symbolic to a significant agent. Analyze. (150 Words) What exactly is Blue Carbon? […]
Budget Should Ease Global Business
Context The Janardana Temple in Kerala, the Aga Khan Haveli in Agra, and the Gonpa complex in Ladakh are among the 14 ancient sites designated as protected by the Archaeological Survey of India in the last three years. Relevance GS Paper-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment and […]
Delhi HC Verdict on ‘Rooh Afza’ Trademark
Context: Recently, the Delhi High Court, in the case of Hamdard National Foundation (India) vs Sadar Laboratories Pvt. Ltd., restrained Sadar Laboratories from manufacturing and selling beverages under the impugned trademark ‘Dil Afza’. The court observed that the trademark ‘Rooh Afza’ is prima facie a strong mark requiring a high degree of protection as it has acquired immense goodwill. […]
Ban on the Agri-Commodities Trading
Context SEBI recently extended the ban on futures trading in seven agricultural commodities, including derivatives of two crops, which had been in effect since December 20, 2021. Relevance: GS Paper-3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Commodity Market in India. Mains Question What exactly is commodity trading? Also, […]
Private Cryptos And Financial Crisis
Context RBI Governor Shaktikanta Das has stated that cryptocurrencies will cause the next financial crisis, and that developments at crypto exchange FTX have vindicated the central bank’s stance. He made these remarks at a Business Standard-organized BFSI summit in Mumbai. Relevance GS Paper -3: Indian Economy and issues relating to planning, mobilization, of resources, growth, […]
India’s Industrial Policies in ‘State’
Context A draught of a new industrial policy for India, titled ‘Industrial Policy 2022—Make in India for the World,’ was recently circulated for public comment. Relevance: GS Paper -3: Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Mains Questions Why is it so difficult to develop and […]
Foreign Contribution (Regulation) Act (FCRA)
Context: The Union government said that certain non-governmental organisations (NGOs) were trying to “change the demography” of the country through foreign funding and this would not be allowed. Relevance: GS-II: Polity and Governance (Government Policies & Interventions, Non-Governmental Organisations -NGOs), GS-III: Indian Economy (External Sector, Mobilization of Resources) Dimensions of the Article: What is the […]