Using a Rupee Route to Get around a Dominating Dollar For Mains The issue Currently dollar acts as the hegemon in international transactions, which gives the United States unlimited powers to impose economic sanctions against its enemies, such as those under the Countering America’s Adversaries […]
Modi unveils India’s first global bullion exchange For Prelims India International Bullion Exchange (IIBX) It is the first of its kind in the country. This has been set up in GIFT city at Gandhinagar, Gujrat. NSE IFSC-SGX Connect This will allow Investors in India […]
Fishing in Uncertain Waters For Prelims What is Trawling? Trawling is one of the most common methods of fishing. Trawl nets are designed to be towed by a boat through the water column (midwater trawl) or along the sea floor (bottom trawl). Minimum Legal Size […]
Current Account Deficit (CAD) Context: The Finance Ministry has asserted that the current account deficit (CAD) deteriorate this year mainly due to rising trade deficits. What is CAD? A current account deficit occurs when the total value of goods and services a country imports exceeds the […]
The Road to Productivity For Mains Why cities are important? During early pandemic i.e., by April 2020, a Barclays report found that “the absolute economic loss was likely the largest from the shutdown of Kuala Lumpur, Manila, Delhi and Mumbai, ranging from $1 billion-$1.7 billion […]
PM GatiShakti National Master Plan – “An impetus to Power Infrastructure Development” For Prelims: PM GatiShakti-National Master Plan (NMP): Launched in October 2021. Objective: To bring different Ministries/ Utilities & infrastructure planning under a single unified vision, across all sectors such as Highways, Railways, Aviation, […]
Taking Stock of Five Years of GST For Prelims Findings show that GST has lowered inflation of food items and raised inflation of non-food items. Revenue Neutral Rate: Revenue neutral rate (RNR) meaning is the rate of tax that allows the Government to receive the […]
Green Jobs Context: Prime Minister Narendra Modi recently addressed at a World Environment Day ceremony about India’s ongoing efforts to combat climate change. He also addressed India’s efforts to develop “green jobs” during his speech. What are Green Jobs? Green occupations are jobs that have […]
India’s Textile and Apparel Industry Context: • India has touched US$ 44.4 Bn in the textiles and apparel industry including the handicrafts in the fiscal year 2021-22 indicating a substantial increase of 41% and 26% over corresponding figures in FY 2020-21 and FY 2019-20, respectively. […]
INDEX of Eight CORE INDUSTRIES Context: • The combined Index of Eight Core Industries stood at 143.2 in April 2022, which is an increased of 8.4 per cent (provisional) as compared to the Index of April 2021. What are the Core Industries? […]