RoDTEP Scheme
Context: The Centre has no plans of re-working the popular Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exporters, despite the US government imposing anti-subsidy duties against it. Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy, Taxation) Dimensions of the Article: Remission of Duties and Taxes on Exported Products (RoDTEP) […]
Pradhan Mantri Suryodaya Yojana
Focus: GS III- Indian Economy (Energy) Why in News? The Prime Minister of India recently chaired a meeting to launch “Pradhanmantri Suryodaya Yojana” with the target of installing rooftop solar on 1 crore houses. About Pradhan Mantri Suryodaya Yojana:
Production Linked Incentive (PLI) Schemes
Context: The central government has disbursed incentive amount of Rs 4,415 crore under its flagship Production-Linked Incentive (PLI) schemes for as many as eight sectors. Relevance: GS III: Indian Economy Dimensions of the Article: Production-Linked Incentive (PLI) Scheme Update: Production Linked Incentive (PLI) Scheme Overview: Performance Evaluation of PLI Schemes: Positive Outcomes: Export Achievements: Challenges […]
Yen Denominated Green Bonds
Context: REC Limited, a Maharatna and a Central Public Sector Enterprise (CPSE) under the Ministry of Power, has achieved a significant milestone by issuing its inaugural Japanese Yen (JPY) 61.1 billion green bonds under the Global Medium Term Notes Programme. Relevance: GS III: Indian Economy Dimensions of the Article: Yen Denominated Green Bonds by REC […]
What is a Windfall Tax
Context: India cut its windfall tax on petroleum crude to 1,700 rupees ($20.53) a tonne from 2,300 rupees a tonne, according to a recent government notification. 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? […]
Positive Trends in Multidimensional Poverty Reduction in India
Context: The NITI Aayog’s recent Discussion Paper, “Multidimensional Poverty in India since 2005-06,” reveals encouraging progress, with 24.82 crore people escaping multidimensional poverty over the past nine years. The paper draws on data from the National Family Health Surveys (NFHS) conducted in 2005-06, 2015-16, and 2019-21 to analyze the long-term trends in poverty. Relevance: GS […]
About Startup India Initiative
Context: National Startup Day is observed annually on 16th January to appreciate and promote the Indian Startup Ecosystem. Relevance: GS III: Indian Economy Startup India Initiative: Nurturing Innovation and Growth Initiation and Vision: Eighth Anniversary Milestone: Government Benefits for Recognized Entities: Financial Support through SIDBI Fund of Funds: Comprehensive Initiatives:
About The Kachchhi Kharek
Context: Kachchhi Kharek, the indigenous variety of dates of Kutch, has become the second fruit of Gujarat to get a geographical indication (GI) tag from the Controller General of Patents, Designs and Trade Marks (CGPDT) of India. Relevance: GS III: Indian Economy Dimensions of the Article: Kachchhi Kharek: Cultivating Ancient Dates in Kutch Geographical Indications […]
Global Economic Prospects 2024 World Bank
Context: Recently, the World Bank (WB) has released its Global Economic Prospects Report, which shows that the global economy may witness a poor performance by the end of 2024, the slowest half-decade of GDP (Gross Domestic Product) growth in 30 years. Relevance: GS III: Indian Economy Dimensions of the Article: Global Economic Outlook 2024: Key […]
World Employment and Social Outlook
Context: The International Labour Organisation (ILO) presents the World Employment and Social Outlook: Trends 2024 report, signaling a projected rise in the global unemployment rate in 2024. Growing inequalities and stagnant productivity emerge as significant concerns. Relevance: GS III: Indian Economy Dimensions of the Article: Key Highlights of ILO’s Trends 2024 Report Resilient Labor Markets: […]