Moratorium on Lakshmi Vilas Bank

Context: RBI has imposed a moratorium on Lakshmi Vilas Bank and drafted a scheme for a merger. Why it is a concern? Already, India’s banking system is distressed due to the failures of IL&FS, Punjab & Maharashtra Cooperative Bank and DHFL, followed by the bailout of Yes Bank. Now, the Reserve Bank of India decision to… Continue reading Moratorium on Lakshmi Vilas Bank

Federal Water Governance Ecosystem

Context- Importance of Centre-States coordination to deal with the emerging challenges of inter-state water governance. How the two bills on water can attend the longstanding issue of inter-state externalities The Interstate River Water Disputes Amendment Bill 2019– The bill seeks to improve the inter-state water disputes resolution by setting up a permanent tribunal supported by a… Continue reading Federal Water Governance Ecosystem

Government interventions

Context – The Government’s core belief in ‘minimum government’, which ties its hands when it comes to fiscal measures even in such harsh economic conditions. What are the reasons for the failure of stimulus packages? Lack of Demand– The aggregate demand for goods and services again is dependent on the income and purchasing power of people, which… Continue reading Government interventions

Urbanisation and pandemic

Context: Prime Minister Narendra Modi’s call for a reimagining of urban planning and development to make cities and towns healthy and liveable after COVID-19. More on news: PM emphasised resetting the mindset, processes and practices for safe urban living, and acknowledged that governments actually do little for the working millions at the Bloomberg New Economy… Continue reading Urbanisation and pandemic

QUESTION BANK: GS Paper 1 Previous year Questions

Practicing UPSC Previous Year’s questions, be it Prelims or Mains, is a must for clearing the Examination. It provides a clear idea of the trends and types of questions asked in the examination by UPSC. About Question Bank In this section, we are providing you with previous year’s questions on UPSC MAINS GS-1 including History,… Continue reading QUESTION BANK: GS Paper 1 Previous year Questions

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