Recognition of Matabari Pera and Pachra with GI Tags
Context: The Tripura Chief Minister announced that two traditional items from the state, Matabari Pera and Pachra, have been honoured with the Geographical Indication (GI) tag marking a significant milestone for local artisans and weavers. Relevance: GS III: Indian Economy Dimensions of the Article: Recognition of Matabari Pera and Pachra with GI Tags Matabari Pera: Pachra: Significance of GI […]
Analysing The India Employment Report 2024
Context: Titled ‘The India Employment Report 2024’ and authored by the Institute for Human Development/International Labour Organization, this recent report presents a grim outlook for the roughly 7-8 million young individuals entering the workforce annually, with youth comprising nearly 83% of India’s unemployed population. Relevance: GS3- Mains Question: With reference to the recently released India Employment […]
About Treasury Bills
Context: Recently, the Government of India, in consultation with the Reserve Bank of India notified the calendar for the issuance of Treasury Bills for the quarter ending June 2024. Relevance: GS III: Indian Economy About Treasury Bills Definition and Nature: Maturity Period: Financial Structure: Ownership and Utility: Functioning:
About the India Employment Report 2024
Context: The International Labour Organisation (ILO) and the Institute of Human Development (IHD) have jointly published a report titled “India Employment Report 2024”. Relevance: GS III: Indian Economy Dimensions of the Article: About the India Employment Report 2024 Publication Background: Scope and Focus: Key Highlights of the India Employment Report 2024 Data Sources: Employment Trends […]
Insurance Regulatory and Development Authority of India
Context: The Insurance Regulatory and Development Authority of India (IRDAI) has approved eight principle-based regulations including the much-awaited Bima Sugam marketplace. Relevance: GS III: Indian Economy Dimensions of the Article: About Insurance Regulatory and Development Authority of India: About Bima Trinity: Bima Sugam: Bima Vistar: Bima Vaahaks: Approvals made by IRDAI The Insurance Regulatory and […]
About The Government Securities (G-Secs)
Context: State governments have recently raised a record Rs 50,206 crore via the auction of State Development Loan (SDL) Bonds, representing the largest weekly borrowing in history. This significant achievement surpassed the Reserve Bank of India’s indicative borrowing target of Rs 27,810 crore for the period, underscoring robust demand for state government securities in the […]
About World Inequality Lab
Context: According to a paper released by the World Inequality Lab, the shares of income and wealth of India’s top 1% at 22.6% and 40.1% respectively is at their highest historical levels in 2022-23. Relevance: GS III: Indian Economy Dimensions of the Article: World Inequality Lab (WIL): An Overview Key Findings from WIL’s Working Paper: […]
About Reverse Flipping
Context: Startups such as Pine Labs, Zepto, Meesho are the latest new-age companies looking to move headquarters to India. Relevance: GS III: Indian Economy About Reverse Flipping: What is Flipping? Harm to India from Flipping: -Source: The Economic Times
Simplifying and Rationalising the Goods and Services Tax
Context: A Committee of Ministers (CoM) appointed by the GST (Goods and Services Tax) Council is presently reassessing the new tax framework, with a primary focus on achieving ‘simplification’ and ‘rationalization’ as core objectives. GST, a unified nationwide tax system, amalgamates more than a dozen taxes from the pre-GST era. Implemented across India, it incorporates a provision for […]
About Passing off under Trademark
Context: The Delhi High Court recently cancelled a trademark registration titled “Dolma Aunty Momos” in the name of one Mohammed Akram Khan, after Dolma Tsering moved court against him for using her trademark. Relevance: GS III: Indian Economy About Passing off under Trademark Passing off is a legal concept under trademark law that aims to […]