What is Fortified Rice
Context The Union Cabinet approved a scheme to distribute fortified rice under government programmes. Food Corporation of India and state agencies have already procured 88.65 LMT (lakh tonnes) of fortified rice for supply and distribution. Relevance: GS III- Indian Economy, Public distribution system Dimensions of the Article: What is rice fortification? Need of rice fortification What are […]
Employees’ Provident Fund (EPF)
Context: In the Union Budget of 2021-22, Finance Minister introduced a new provision to tax income on provident fund contributions from employees beyond ₹2.5 lakh a year. Relevance: GS III- Indian Economy Dimensions of the Article: About Employees’ Provident Fund About Employees’ Provident Fund Organisation (EPFO) Latest development on the PF tax At what rate […]
Asian Development Outlook Report
Context: The Asian Development Bank (ADB) forecasts has provided some useful insights about India’s GDP growth. Relevance: GS III- Indian Economy Dimensions of the Article: About Asian Development Bank (ADB) Highlights of the ADB Outlook Report 2022 About Asian Development Bank (ADB): The Asian Development Bank (ADB) is a regional development bank established on 19 […]
World Energy Transitions Outlook 2022
Context: The International Renewable Energy Agency(IRENA) has released a report titled “World Energy Transitions Outlook 2022”. Relevance: GS III- Indian Economy Dimensions of the Article: Key findings of the World Energy Transitions Outlook 2022 What steps should be taken to move towards clean energy? Key findings of the World Energy Transitions Outlook 2022 Transition to Clean Energy: […]
Index of Eight Core Industries
Focus: GS III- Indian Economy Why in News? The combined Index of Eight Core Industries stood at 137.1 in February 2022, which increased by 5.8 per cent (provisional) as compared to the Index of February 2021. The production of Coal, Natural Gas, Refinery Products, Steel, Cement and Electricity industries increased in February 2022 over the corresponding period […]
PM SVANidhi Scheme
Focus: GS-II Social Justice, GS-III India Economy Why in News? PM SVANidhi Scheme facilitates provision of collateral free working capital loan to street vendors to restart their businesses. A credit of ₹3,170 crore has been disbursed to 29.1 lakh beneficiaries PM Street Vendor’s Atmanitbhar Nidhi (PM SVANidhi) PM SVANidhi is a Special Micro-Credit Facility. PM […]
The Era of Unemployed India
Context Employment in India has been a major issue which has been exacerbated by the Pandemic. Various student groups have been agitating against the recruitment by the government. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Dimensions of the Article What does Data say? Why the government job scrambling? […]
Poverty Rose But Income Inequality fell
Context There are signs the pandemic has not followed the usual script in India where the poor have borne the major brunt. Despite rise in poverty, the income inequality has reduced. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Dimensions of the Article Rising Poverty and Economic Shocks Income […]
Global Uncertainties and India’s Growth Prospects
Context Global issues such as the Russia-Ukraine Conflict, Resurgent Pandemic and Supply Chain issues are plaguing India’s road to economic recovery. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Dimensions of the Article What does Data say? Reasons and Impact of Crude Surge Fiscal Consolidation: Challenges Policy Dilemma Way […]
Periodic Labour Force Survey
Context: The National Statistical Office (NSO) has released the latest Periodic Labour Force Survey (PLFS), which shows that the unemployment rate increased dramatically during the statewide lockdown in 2020 during the first wave of the pandemic. Relevance: GS III- Indian Economy (Employment) Dimensions of the Article: Key Employment and Unemployment Indicators What is the Periodic […]