State Energy and Climate Index
Context: NITI Aayog puts out Energy and Climate Index list. Relevance: GS III- Indian Economy Dimensions of the Article: Background About State Energy & Climate Index (SECI) Highlights of SECI Background: India, the third-largest energy consumer and the third-largest oil importer is working aggressively to provide affordable energy, ensuring energy access to all and ensuring […]
In Pandemic Shock, Critical Lessons for MSMEs
Context Apart from government policies that help the MSMEs recover, financial safety nets must be created for MSMEs to help them face economic shocks and be more resilient. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Dimensions of the Article Present Scenario for MSMEs Impact of the Pandemic Lessons […]
Withdraw Cash From an ATM Through UPI
Context: The Reserve Bank of India (RBI) has proposed to make cardless cash withdrawal facility available at all ATMs, irrespective of banks, through the Unified Payment Interface (UPI), one of the key decisions made by the RBI’s Monetary Policy Committee (MPC). Relevance: GS III- Indian Economy Dimensions of the Article: What is Unified Payments Interface (UPI)? […]
Getting Serious About Supporting The Care Economy
Context Care Work is vital for economies and India needs to have an action plan with coordinated policies which helps its care economy bloom. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Dimensions of the Article Policy Ignorance Benefits down the line Maternity and Child Care Domestic Workers Care […]
Foreign Contribution Regulation Act (FCRA)
Context: The Supreme Court upheld amendments introducing restrictions in the Foreign Contribution (Regulation) Act (FCRA) while holding that no one has a fundamental or absolute right to receive foreign contributions. Relevance: GS-II: Polity and Governance (Government Policies & Interventions, Non-Governmental Organisations -NGOs), GS-III: Indian Economy (External Sector, Mobilization of Resources) Dimensions of the Article: Foreign […]
Standing Deposit Facility (SDF)
Context: While retaining the reverse repo rate at 3.35 per cent, the Reserve Bank of India (RBI) introduced the Standing Deposit Facility (SDF), an additional tool for absorbing liquidity, at an interest rate of 3.75 per cent. Relevance: GS III- Indian Economy Dimensions of the Article: Key takeaways from the MPC meeting About Standing Deposit Facility (SDF) How it will […]
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: […]