Vande Bharat Train
Context: Prime Minister will inaugurate the new Vande Bharat trainset and will travel in it for about half an hour from Gandhinagar to Kalupur in Gujarat. Relevance: GS III: Indian Economy Dimensions of the Article: About Vande Bharat 2.0 What are the major upgrades? Safety features What passengers will experience? Way forward About Vande Bharat […]
Global Innovation Index 2022
Context: The Prime Minister has expressed pride for Indian Innovators as India climbs to the 40th rank in the Global Innovation Index of World Intellectual Property Organization (WIPO). Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy, Issues related to Development, Important International Organizations and their reports) Dimensions of the Article: What is Global […]
Widening (CAD) Current Account Deficit
Context India’s current account deficit (CAD) increased to 2.8% of GDP in the April-June quarter (Q1 FY22), the highest in four years but lower than the 3-3.5% forecast by many economists. Relevance GS Paper 3: Indian Economy and issues relating to planning, mobilisation of resources, growth, development and employment Mains Question How do you define Current […]
About Semiconductor Industry
Context: In a bid to make India’s $10 billion chip-making initiative more attractive to investors, the Centre, approved changes to the scheme for the development of a semiconductor and display manufacturing ecosystem. Relevance: GS III: Indian Economy Dimensions of the Article: About Semiconductor industry What are the changes to India’s chip-making scheme? What are the […]
International Year of Millets 2023
Focus: GS III: Indian Economy Why in News? A series of pre-launch events and initiatives have been organized by the Ministry of Agriculture and Farmers Welfare as a run-up to the International Year of Millets 2023 to create awareness and a sense of participation in the country around the ancient and forgotten golden grains. Many events were […]
National Logistics Policy in India
Context: Prime Minister announced the National Logistics Policy, aimed at easing the movement of goods and boosting the trade sector in the Indian economy. Relevance: GS III: Indian Economy Dimensions of the Article: What was the need for a logistics policy? Features of the National Logistics Policy How is the government focusing on improving logistics? […]
Ban On The Export of Broken Rice
Context: Recently, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and semi-milled or wholly-milled rice. Relevance: GS III: Indian Economy Dimensions of the Article: Details What does it have to do with inflation? What […]
Financial Stability and Development Council
Focus: GS III- Indian Economy Why in News? Recently, the Union Minister of Finance and Corporate Affairs chaired the 26th Meeting of the Financial Stability and Development Council (FSDC). Highlights: The council placed a strong emphasis on issues such as improving the effectiveness of the current financial and credit information systems, early warning indicators for the economy […]
Windfall Tax By The Government
Context: Recently, Finance Minister defended the windfall tax imposed by the Centre on domestic crude oil producers, saying that it was not an ad hoc move but was done after full consultation with the industry. Relevance: GS III: Indian Economy Dimensions of the Article: What is a windfall tax? Why are countries levying windfall taxes […]
PLI Scheme for Large-Scale Electronics Manufacturing
Focus: GS III: Indian Economy Why in News? Recently, the first-ever disbursement has been approved by the empowered Committee in Production Linked Incentive (PLI) scheme for mobile manufacturing under ‘Large-Scale Electronics Manufacturing’ sector. About PLI scheme for Large-Scale Electronics Manufacturing It is mapped to the Union Ministry of Electronics and Information Technology (MEITY). The PLI scheme […]