About The Start Ups 2.0
Context Relevance: GS3- Indian economy Mains Question: Analyze the Indian startup landscape post covid19 pandemic. What can be done to strengthen the startup ecosystem in India? (15 marks, 250 words). Analyzing the Struggles of Indian Start-ups: Signs of Growth: Conclusion: The growing interest of FPIs in select start-ups suggests that companies demonstrating sound financial metrics […]
Core Sectors Expand by 8% in July
Context: In a noteworthy development, all eight of India’s key infrastructure industries demonstrated year-on-year growth in July, marking the first occurrence of such growth in 14 months. Relevance: GS3-Indian Economy Dimensions of the article: Trends in core sectors: The core sectors collectively exhibited an average output increase of 8%, following a robust surge of 8.3% in […]
UPI Achieves Milestone of 10 Billion Transactions in August
Context: Unified Payments Interface (UPI), an instant payment system, has achieved a significant milestone by surpassing 10 billion transactions in the month of August, according to the National Payments Corporation of India (NPCI). In July, UPI recorded 9.96 billion transactions with a total value of Rs 15.34 lakh crore, based on data from NPCI. Relevance: […]
Economy Grows 7.8%, Fastest in 4 Quarters
Context: The growth of India’s Gross Domestic Product (GDP) and the Gross Value Added (GVA) within the economy accelerated to a four-quarter peak of 7.8% during the initial quarter of this fiscal year. Relevance: GS3-Economy Dimensions of the article: Growth across various sectors Gross Domestic Product (GDP) Gross Domestic Product (GDP) quantifies the monetary valuation […]
About A Regional Rural Banks
Context: Union Finance Minister recently emphasised regional rural banks (RRBs) to upgrade their digital capability and increase penetration under Pradhan Mantri Mudra Yojana. Relevance: GS II: Indian Economy Dimensions of the Article: What are Regional Rural Banks (RRBs)? Set up on the recommendations of Narasimhan Committee on Financial Inclusion in 1976. Shareholding: Functions of RRBs: Issues Related […]
About A Insurance Surety Bonds
Context: Recently, the National Highways Authority of India (NHAI) organised a brainstorming session with stakeholders to expedite the adoption of Insurance Surety Bonds for its contracts. Relevance: GS III: Indian Economy Dimensions of the Article: Insurance Surety Bonds: Parties Involved: Advantages of Insurance Surety Bonds
India Post Payments Bank
Context: India Post Payments Bank (IPPB) has marked a significant milestone in the world of banking services with its continued profit streak, demonstrating its commitment to sustainable financial inclusion and citizen empowerment. Relevance: GS III- Indian Economy About India Post Payments Bank (IPPB)
Production Linked Incentive Scheme
Context: Recently, a debate has emerged over the effectiveness of India’s Production-Linked Incentive (PLI), an Electronics Manufacturing scheme, suggesting it generates import-dependent assembly jobs rather than fostering Self-Sufficiency in manufacturing and economic growth. Relevance: GS III: Indian Economy Dimensions of the Article: Promoting Domestic Manufacturing: The Production Linked Incentive Scheme (PLI) Participation and Rewards: Scope […]
Public Tech Platform for Frictionless Credit
Context: The Reserve Bank of India (RBI) has initiated a pilot programme aimed at evaluating the feasibility of a ‘Public Tech Platform for Frictionless Credit’, seeking to facilitate seamless and efficient credit delivery by lenders for Credit Appraisal, and therefore boosting Financial Inclusion in India. Relevance: GS III: Indian Economy Dimensions of the Article: Public […]
Committee on Stalled Real Estate Projects
Context: A 14-member committee. constituted to examine stalled real estate projects and recommend ways to complete them, submitted its report on August 21. Relevance: GS III: Indian Economy Dimensions of the Article: Committee on Stalled Real Estate Projects: Findings and Recommendations Major Findings: Major Recommendations: Implementation: Special Window for Affordable & Mid-Income Housing (SWAMIH) Scheme: […]