International Year of Millets 2023
Focus: GS III: Indian Economy Why in News? The Union Agriculture and Farmers Welfare Minister has said the International Year of Millets (IYOM) – 2023 will provide an opportunity to increase global production, efficient processing and better use of crop rotation and promote millets as a major component of the food basket. About International Year […]
What is a loan Write-Off?
Context: Banks wrote off more than Rs 10 lakh crore in loans over the last five years, according to RBI data obtained under the Right to Information (RTI) Act. Relevance: GS III: Indian Economy Dimensions of the Article: What is a loan write-off? Why do banks resort to write-offs? -Source: Indian Express
National Investment and Infrastructure Fund
Focus: GS III: Indian Economy Why in News? Finance Minister has urged the National Investment and Infrastructure Fund (NIIF) to expand its operations and explore ways to crowd in private capital for projects under the National Infrastructure Pipeline, PM Gati Shakti and National Infrastructure Corridor. What is NIIF? Types of funds in NIIF Functions of NIIF
India To Invest In Urban Infrastructure
Context Relevance GS Paper 3: Economy, Infrastructure Mains Question “Urban infrastructure is essential for the development of cities and their surrounding areas.” In light of this, consider the various reasons for the expansion of slum areas in India. Discuss various issues related to it as well. (250 Words) Report highlights include: Suggestions in the report: […]
India Is No More in USA’s Currency Monitoring List
Context Relevance GS Paper 3: Effects of liberalisation on the economy (post 1991 changes), changes in industrial policy and their effects on industrial growth, Effect of Policies & Politics of Countries on India’s Interests Mains Question What exactly is currency manipulation? What are the implications for India of being removed from the US Treasury’s currency manipulation […]
What Is The Current Account Deficit?
Context: State Bank of India has pencilled in a lower current account deficit for India at 3% for this fiscal as against the minimum consensus of 3.5%, citing rising software exports, remittances and a likely $5-billion jump in forex reserves via swap deals. Relevance: GS III- Indian Economy (Growth and Development) Dimensions of the Article: […]
Price Regulation of UPI
Context: The recent discussion paper by the RBI on charges in payment systems has triggered widespread public debate, especially on the zero-charge framework for UPI transactions. Relevance: GS III- Indian Economy Dimensions of the Article: What is Unified Payments Interface (UPI)? Why RBI wants to intervene? Merchant Discount Rate -Source: Indian Express
Similarities Between Semiconductor and Petroleum Industries
Context Relevance GS Paper 3: Industries and Indian economy Mains Question If India makes natural gas the “next stop” on its energy journey, it will have a better chance of arriving at the goal of a predominantly clean system. Discuss. (250 Words) Common structural denominators in the chip industry and the petroleum sector An overview of […]
India Infrastructure Project Development Fund Scheme
Focus: GS III: Indian Economy Why in News? The Department of Economic Affairs (DEA), Ministry of Finance, Government of India, notifies Scheme for Financial Support for Project Development Expenses of PPP Projects – India Infrastructure Project Development Fund Scheme (IIPDF Scheme) About IIPDF Scheme: Details: Objectives:
Fed Rates Raises – Impact On Indian Market
context Relevance GS Paper 3: Capital Market, Monetary Policy Mains Question What’s Operation Twist? Talk about its impact on Indian banking. (150 words) The event Reasons for the hike The impact of the rate hike on India