RBI Gold Reserves
Context: The Reserve Bank of India’s (RBI) gold reserves touched 794.64 metric tonnes in fiscal 2023, an increase of nearly 5 per cent over fiscal 2022, when it held 760.42 metric tonnes of gold. Relevance: GS III: Indian Economy Dimensions of the Article: RBI Gold Reserves: Total and Recent Purchases Total Reserves: Recent Purchase: RBI’s […]
India’s Coal Imports Surge
Context: India’s coal imports increased by 30 per cent to 162.46 million tonnes in the 2022-23 financial year against 124.99 MT in the year-ago period Relevance: GS-III Indian Economy, Industry and Infrastructure Dimensions of the Article: Key points: What is Coal? Coal is divided into two groups in India: Types of Coal It can be […]
Navratna Status of Rail Vikas Nigam Limited (RVNL)
Context: Rail Vikas Nigam Limited (RVNL), a Central Public Sector Enterprise under the Ministry of Railways, has been granted Navratna status. Relevance: GS III: Indian Economy Dimensions of the Article: About Rail Vikas Nigam Limited (RVNL): What is Navratna status and how does it benefit RVNL? What was RVNL’s previous status and when did it receive […]
New President of World Bank
Context: Indian origin Ajay Banga was confirmed as the next President of World Bank. Relevance: GS III: Indian Economy Dimensions of the Article: Leadership of the World Bank: Key Points About World Bank World Bank Group Introduction to the 5 organizations of World Bank Group -Source: The Hindu
ESMA’s Derecognition of Indian CCPs
Context: The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator, has derecognized six Indian Central Counterparties (CCPs) from April 30, 2023, in accordance with the European Market Infrastructure Regulation (EMIR). Relevance: GS III: Indian Economy Dimensions of the Article: Why has ESMA Derecognized Indian CCPs? Impact of ESMA’s derecognition of Indian […]
Karnataka tops the National Manufacturing Innovation Survey
Context: Karnataka has emerged as the most innovative state in India according to the National Manufacturing Innovation Survey (NMIS) 2021-22, Relevance: GS III: Indian Economy, Facts for Prelims About National Manufacturing Innovation Survey -Source: The Hindu
Startup India Seed Fund Scheme
Context: The Department for Promotion of Industry and Internal Trade (DPIIT) is undertaking a third-party assessment of the Rs 945-crore Startup India Seed Fund Scheme to see its impact on the ground. Relevance: GS III- Growth and Development Dimensions of the Article: About Seed Fund Scheme: Eligibility Criteria for Startups What is Seed Funding? -Source: […]
India-UAE Comprehensive Economic Partnership Agreement
Context: Recently, the India-UAE Comprehensive Economic Partnership Agreement (CEPA) completed one year of implementation. Relevance: GS III: Indian Economy Dimensions of the Article: Bilateral Relationship between India and the UAE Commercial Relationship India UAE Comprehensive Economic Partnership Agreement (CEPA) Coverage Priority access to goods Services Trade Investment Remittances from Non-Resident Indians Cooperation in Energy About […]
Vivad se Vishwas I – Relief to MSMEs
Focus: GS III: Indian Economy Why in News? The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad se Vishwas I – Relief to MSMEs” for providing relief to Micro, Small and Medium Enterprises (MSMEs) for COVID-19 period. Vivad se Vishwas I – Relief Measures for MSMEs Refunds and Relief Measures: Exceptions and […]
About Gig Economy
Context: The recent strike by Zomato-owned Blinkit delivery agents has once again brought to the forefront issues plaguing the gig economy in the country. Relevance: GS III- Indian Economy Dimensions of the Article: Who is a ‘gig worker’? Proposed Law: Concerns related to gig workers and the proposed labour codes in India: Limited benefits and […]