Economy

Industrial Parks Under National Industrial Corridor Development Programme

Industrial Parks Under National Industrial Corridor Development Programme

Context: Union Finance Minister announced development of 12 new industrial parks under National Industrial Corridor Development Programme during her budget...

Steel Import Monitoring System 2.0 Portal

Steel Import Monitoring System 2.0 Portal

Context: The Union Minister of Steel and Heavy Industries, recently unveiled the upgraded Steel Import Monitoring System (SIMS) 2.0.  This...

White Category Industries 

Context:  Industries classified as “white category industries” may be exempt from prior approvals from state pollution control boards under Air...

Digital Postal Index Number (DIGIPIN)  System

Context: Recently, the Department of Post released a beta version of the DIGIPIN (Digital Postal Index Number) system, developed in...

India’s Installed Nuclear Power Capacity

Context: India’s installed Nuclear Power Capacity to Triple by 2031-32. “The present installed nuclear power capacity is set to increase...

State’s  Right to Levy Tax on Mineral Rights

Context: The Supreme Court, in a decision by a 9-judge constitution bench with an 8:1 majority, ruled that states have...

Payment Aggregator-Cross Border (PA-CB)

Context: Cashfree Payments, a (Non-Bank) company specialising in banking solutions and payments, received the Reserve Bank of India’s (RBI) approval...

World Bank Group Guarantee Platform

Context: The World Bank Group has launched a new guarantee platform to enhance private sector financing for development, aiming to...

India’s Declining Garment Export Performance

Context: According to a report by the Global Trade Research Initiative (GTRI), garment exports declined to $14.5 billion in the...

Rise of Indian Patent Applications

Context: In FY24, domestic patent applications surpassed foreign ones for the first time, driven by growth in chemicals, pharma, computer...

Local Job Quotas in the Private Sector

Context: The Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024, which seeks to...

Financial Literacy: Empowering Women for a Secure Future

Context: World Economic Forum’s Longevity Economy Principles report shows that inclusive financial ecosystems promote individual decision-making freedom, and empowering women...

Navigating Economic Indicators and Policy Implications

Context: The economy shows a paradox of weak consumption growth, sluggish employment, and low core inflation despite strong overall growth,...

Rise of Maize Production in India

Context: Maize production in India tripled from 11.5 million tonnes in 1999-2000 to over 35 million tonnes in 2023-24. Average...

Fourth Phase of Pradhan Mantri Gram Sadak Yojana (PMGSY)

Context: The government plans to launch the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-IV) to connect 50,000...