Increasing coal Prices- Its Impact on the Power Sector Context: The war between Ukraine and Russia has led to shortage of supplies of coal from Russia, This has a major impact on the power sector. Background- It is well known that from the past few […]
RBI’s $5 billion dollar-rupee swap Context: The Reserve Bank of India (RBI) on Tuesday conducted a $ 5 billion dollar-rupee swap auction as part of its liquidity management initiative, leading to infusion of dollars and sucking out of the rupee from the financial system. […]
Virtual Digital Assets Context: Finance Minister Nirmala Sitharaman, in her Budget 2022 speech on Tuesday (February 1), announced a 30 per cent tax on income from virtual digital assets. She said that there has been a phenomenal rise in such transactions and the magnitude […]
DEMOGRAPHIC DIVIDEND Demographic Dividend: Definition According to United Nations Population Fund (UNFPA), demographic dividend means, “the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share […]
Tax devolution Context: Finance Minister Smt. Nirmala Sitharaman authorises release of advance instalment of tax devolution to State Governments amounting to Rs.47,541 crore States receive a total of Rs.95,082 crore during January 2022 With release of the 2nd advance installment, States receive an additional […]
GST Compensation Introduction: It has been claimed that the implementation of the Goods and Services Tax(GST) in India was a grand experiment in cooperative federalism in which both the Union and the States joined hands to evolve a value-added tax on goods and services. Although the rate structure was presumed […]
Har Ghar Jal Context: Assam On Track To Become ‘Har Ghar Jal’ State By 2024 9 Lakh Homes Provided Tap Water Supply In Last 6 Months, Centre Providing Full Assistance To State To Achieve JJM Goal: Secretary, DDWS About Jal Jeevan Mission: […]