About FAME India Scheme
Focus: GS III- Indian Economy (Infrastructure) Why in News? The Ministry of Heavy Industries has increased the scheme outlay of FAME India scheme Phase II from ₹10,000 crore to ₹11,500 crore. About FAME-II Revamped FAME-II scheme
Periodic Labour Force Survey 2022-23
Context: The Periodic Labour Force Survey (PLFS) is conducted by the Ministry of Statistics & Programme Implementation (MoSPI) and the survey period is July to June every year. Relevance: GS III: Indian Economy Dimensions of the Article: Details of the PLFS -2022-23: Definition of Unemployment: Measurement of Unemployment Rate: Periodic Labour Force Survey (PLFS) Overview: […]
RBI’s Inflation Target
Context: Recently, the Reserve Bank Governor Shaktikanta Das on Thursday emphasised on achieving the four-per cent inflation target for providing the necessary bedrock for sustainable growth. Relevance: GS III: Indian Economy Dimensions of the Article: Monetary Policy Review Understanding Inflation: Definition and Impact Definition of Inflation: Impact of Inflation in India: Causes of Inflation: Methodology […]
Logistics Performance Index LPI Report
Focus: GS III: Indian Economy Why in News? The Gati Shakti, a National Master Plan for multimodal connectivity has significantly contributed to the improvement of India’s rank in World Bank’s Logistics Performance Index Report 2023. About PM Gati Shakti: About Logistics Performance Index (LPI):
RBI Keeps Repo Rate Unchanged
Context: The Reserve Bank of India, in its recently published bi-monthly monetary policy announced to keep the repo rate unchanged at 6.5 percent. Relevance: GS III- Indian Economy Dimensions of the Article: What is the repo rate? Why is the repo rate such a crucial monetary tool? How does the repo rate work? What impact […]
India-China Trade Reach Record Levels
Context: The India and China bilateral trade hits record in 2023, which surpassed the figures in 2022. Relevance: GS-III: Indian Economy (International trade), GS-II: International Relations (India and its Neighbors) Dimensions of the Article: Highlights of the latest data on India-China trade in 2023: Understanding what we import and what we export to China India’s […]
Need to Push Investment in Research and Development
Context: Recently, the Government of India presented the Interim Budget in the Parliament for the year 2024-25. Relevance: GS Paper-3: Indian Economy and issues relating to Planning, Mobilization of Resources; Government Budgeting; Science and Technology- Developments and their Applications and Effects in Everyday Life Dimensions of the Article: Budget: Allocation of funds for R&D: Present […]
Need To Restore WTO’s Authority
Context: Many countries have found an easy way to avoid complying with the WTO panel rulings making the body toothless. Relevance: GS III: Indian Economy Dimensions of the Article: WTO’s dispute settlement mechanism (DSM): World Trade Organization (WTO) Origin of WTO Functions of WTO Subsidies under WTO Amber Box Subsidies: Blue Box Subsidies: Green Box […]
Fiscal Deficit Target for FY25
Context: According to the experts, the Budget 2024-25 lowers fiscal deficit target to boost the investor Confidence. The government has set its fiscal deficit target for FY25 at 5.1% of GDP. Relevance: GS-3 Indian Economy Dimensions of the Article: Fiscal deficit target for FY25: Centre’s fiscal consolidation strategy: What is fiscal deficit? What is […]
Summary of the Interim Union Budget 2024-25
Focus: GS-3 Indian Economy Why in News? Recently, the Finance Minister of India presented the Interim Union Budget for 2024-2025 in Parliament. Key points: