RBI raises rates, vows Nimble Policy For Prelims What is monetary policy? Monetary policy refers to the policy of the central bank with regard to the use of monetary instruments in order to control inflation rate in a country. In India monetary policy is decided […]
Spectrum bids cross ₹1.5-lakh cr. mark on sixth day of 5G auction For Prelims What is 5G? 5th generation mobile network It aims at creating a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. […]
New e-waste rules threaten jobs, collection network For Mains The Concerns Currently, e-waste or electronic goods past their service dates are dismantled and viable working parts refurbished, with the rest making their way into chemical dismantling units. Many of these units are run out […]
Coffee (Promotion and Development Bill), 2022 Context: The Ministry of Commerce and Industry is planning to replace the 80-year-old Coffee Act with the new Coffee (Promotion and Development Bill), 2022, which has been listed for the Monsoon Session of Parliament. Background: During World War II, […]
Challenges to Fiscal Federalism in India Context: With coming in of the GST regime, the states have lost their revenue generating capacity and with waning away of the Planning Commission, there are apprehensions about the weakening of the principle of Fiscal Federalism in India. Background: […]
Despite Pressures, the Rupee’s Remarkable Resilience For Mains Causes for depreciation of Rupee Widening current account deficit, persistent risk-off sentiment as a result of geopolitical tensions, ‘a strengthening dollar index, and continuous sell-off by foreign portfolio investors. The dollar has strengthened against all currencies, developed […]
The Cost of Misrepresenting Inflation For Mains What is the issue? Despite the sharp recovery from pandemic, real output in 2021-22 was barely higher than in the pre-pandemic year of 2019-20 in India. What is causing inflation in India? It is a common mistake to […]
RBI’s Interventions in the Payment System Context: The Reserve Bank of India (RBI) recently issued a circular that detailed ‘additional arrangement’ for invoicing, payment, and settlement of exports and imports in Indian rupees. How it works? Under this system, Indian importers could pay bills for […]
Department of Consumer Affairs sets up Committee to Develop Comprehensive Framework on the Right to Repair For Prelims LiFE Movement Lifestyle for the Environment. Launched by Prime Minister at Glasgow Summit (COP26) of UNFCC. For Mains What is circular economy? It replaces the end-of-life concept […]
As Debt Drives Punjab farmers to Death, Loan Waiver Demand Sparks Debate For Mains What is the Issue? A recent study on farmers’ suicide in Punjab, by Punjab Agricultural University (PAU) has revealed that in six districts of the State over 9,291 farmers committed suicide […]