WHAT RBI’S RS 50,000 CRORE BOOST MEANS FOR MUTUAL FUNDS?
Why in news? The Reserve Bank of India (RBI) on 27th April, 2020 announced a special liquidity window of Rs 50, 000 crore to bail out mutual funds hit by the turmoil in the debt fund segment that led to the closure of six credit risk funds by Franklin Templeton Mutual Fund. How will liquidity window […]
TEN STEPS WHILE RESTARTING THE ECONOMIC ENGINE
The recommended Ten Steps: Any calibrated approach to ‘restarting the economy’ should include the following 10 steps: 1. Relax the fiscal deficit target: Stretching the deficit target to release money which can be used for well-directed income transfers and food support, facilitate business disruption loans by offering guarantee to commercial banks, soften the blow to […]
A POLICY ROAD MAP TO TACKLE COVID-19
Policy Concerns Policies to address the worldwide crisis brought about by COVID-19 must satisfy three criteria: They must aim to minimise the loss of life directly resulting from the disease, while recognising that there remain deep uncertainties about its true nature. They must restore the elements of economic and social life as soon as possible, […]
VIRTUAL, YET OPEN: IMPROVING JUDICIAL PROCESSES
Why in news? Amidst the national lockdown, the Supreme Court and several other courts have been holding virtual proceedings. A question of concern to the Bar is whether virtual courts have become the “new normal” and whether it means a move away from the idea of open courts towards technology-based administration of justice without the […]
THE SCRIPT OF DISRUPTION AND A NEW ORDER
Introduction: The Disruption The COVID-19 pandemic is unprecedented, involving as it does far too many variables. Pandemics have often changed the world and reshaped human society. Empires have collapsed. There is already concern that a diminution in human values could occur, and with this, the concept of an international community might well cease to exist. […]
PIB 3rd May
Contents Procurement of Minor Forest Produce Bamboo resources in India PROCUREMENT OF MINOR FOREST PRODUCE Focus: GS-II Agriculture Why in news? The Ministry of Tribal Affairs has advised all states to speed up procurement operations for Minor Forest Produceto support the Tribals especially in the backdrop if situation created by COVID-19 and also keeping in […]
May 4th Current Affairs Quiz
May 3rd Static Quiz on Indian Polity
PIB 2nd May
Contents Centenary Celebrations of Satyajit Ray and Prof. B. B. Lal NMCG & NIUA organized IDEAthon CENTENARY CELEBRATIONS OF SATYAJIT RAY AND PROF. B. B. LAL Focus: GS-I Art and Culture, Prelims Why in news? Ministry of Culture’s Development of Museums and Cultural Spaces (DMCS) digitally launched the short film ‘A Ray of Genius’ to […]