CHINA SUGGESTS SHIFT IN BRI APPROACH
Why in news? China has hinted at a shift in how it will pursue its signature Belt and Road Initiative (BRI) amid growing concerns about debt repayments from…
LISTENING TO THE CALL OF THE INFORMAL
Context and Details: The key question here is: Who benefits from formalisation of informal firms? Formalisation does reduce the last-mile costs for banks. The state finds it easier…
ON THE FRONT FOOT
Why in news? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided at a meeting to keep the interest rates unchanged in the wake…
REDUCE THE COUNTRY’S PREFERENCE FOR CASH
Why in news? The first two weeks of March 2020 saw a jump of about ₹53,000 crore in cash available with the public, a spike over the fortnightly…
NOW OR NEVER: STATES ARE DRIVING BOLD REFORMS
Why in news? Uttar Pradesh, Madhya Pradesh and Gujarat have ushered in radical labour market reforms by freezing a vast number of acts and giving industries flexibility. MP…
INDIA SIGNS $1.5 BILLION LOAN WITH ADB
Focus: GS-II Indian Economy, Prelims Why in news? The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government’s…