Author: ForumIAS

Why lower fiscal deficit isn’t always good news

According to the data,there is growing concern about the slowdown in India’s economic growth.Recently,RBI had also cut repo rates by 35 basis points, which was the sharpest cut in nine years. In macroeconomy,there are two components.One is the structural or the permanent component which is largely determined in the long term by factors such as… Continue reading Why lower fiscal deficit isn’t always good news

Sanctions for prosecution of over 80 officials awaited

The Central Vigilance Commission(CVC) is awaiting sanction from different wings of the government organisations to prosecute 83 government employees. The CVC was set up by the Government in 1964 on the recommendation of the Santhanam Committee.In 2003,the Parliament enacted CVC Act conferring statutory status on the CVC. The CVC is not controlled by any Ministry… Continue reading Sanctions for prosecution of over 80 officials awaited

Govt looks to reverse economic slowdown with a stimulus package

The government is planning a set of measures to reverse an economic slowdown that is going through losses, layoffs and an investment freeze. The measures include (a)steps to boost infrastructure investments (b)goods and services tax(GST) relief to specific sectors (c)ways to further cut red tape on cross-border trade and (d)steps to improve ease of doing… Continue reading Govt looks to reverse economic slowdown with a stimulus package

Decision on Kashmir doesn’t affect LAC, Delhi tells Beijing

India’s external affairs minister is on a visit to China.During the visit,India and China has agreed on a host of initiatives to improve their relations. Ahead of the visit,China had objected to the Jammu and Kashmir Reorganisation Bill 2019.It said that the creation of the Union Territory of Ladakh has undermined its sovereignty. However,India has… Continue reading Decision on Kashmir doesn’t affect LAC, Delhi tells Beijing

Army may trim 27,000 from non-core units

Recently,the army has planned to reduce its manpower by about 27,000 soldiers as well as restructure them for better efficiency and effectiveness. This proposed reduction is part of the larger reforms to transform the Army into a lean, mean, rapidly-deployable and operationally versatile force  The army has planned to reduce the manpower by around 1.5… Continue reading Army may trim 27,000 from non-core units

Two ways to look at GDP

Researchers and academicians have raised doubts about the new methodology employed by the Central Statistics Office(CSO) to estimate India’s gross domestic product(GDP). In 2015,CSO had introduced a new series of National Account Statistics. The new series made several changes to estimate India’s gross domestic product(GDP).In particular,it revised the base year from 2004-05 to 2011-12.  However,the… Continue reading Two ways to look at GDP

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 12, 2019

Q.1) “Instead of getting rational treatment in public health-care facilities, the women are pushed towards irrational treatments in the private sector.” Comment. Answers Q.2) “The nationalisation of banks was an economic milestone in the India’s growth story.” Critically analyse. Answers Q.3) Discuss the recent amendments made to RTI Act? Over the last 14 years, how… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – August 12, 2019

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