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 […]
Clean Energy Must Be Battery of Circular Economy
Context Budget speech has laid emphasis on the clean technologies like the solar and wind energy. It has also called for the transformation of the present linear economy into a circular economy. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. GS-III: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. […]
Foreign Contribution (Regulation) Act
Context: The Union Home Ministry has placed a US based NGO on its watchlist following an investigation that foreign contributions it sent were being used for climate awareness campaigns, an activity not permissible under the FCRA [Foreign Contribution (Regulation) Act]. Relevance: GS-II: Polity and Governance (Government Policies & Interventions, Non-Governmental Organisations -NGOs), GS-III: Indian Economy […]
India’s Solar Capacity: Milestones and Challenges
Context: India has surpassed 50 GW of cumulative installed solar capacity. This ranks the country fifth in solar power deployment. This is a milestone in India’s journey towards generating 500 GW from renewable energy by 2030, of which 300 GW is expected to come from solar power. Relevance: GS III- Indian Economy (Energy) Dimensions of […]
Most Favoured Nation
Context: The United States, the European Union, Britain, Canada and Japan were due to move jointly to revoke Russia’s “most favoured nation” (MFN) status over its invasion of Ukraine. Relevance: GS III- Indian Economy Dimensions of the Article: What is ‘most favoured nation’ status? What does losing MFN status mean? What is ‘most favoured nation’ status? […]