Author: ForumIAS

Budget Briefs: Tax break to rev up electric vehicle sales

The Government has proposed a slew of measures to boost electric vehicles(EVs). The government has already moved to the Goods and Services tax (GST) council to lower the GST rate on electric vehicles from 12% to 5%. Besides,the government will also give an additional tax benefit of Rs 1.5 lakh on the interest paid on… Continue reading Budget Briefs: Tax break to rev up electric vehicle sales

Budget Briefs:India to move towards harnessing its space capability commercially,New Space India Limited (NSIL) incorporated towards this end

Finance minister has said that New Space India Limited (NSIL) has been incorporated as a new commercial arm of the Department of Space. The Company will spearhead commercialization of various space products including production of launch vehicles, transfer of technologies and marketing of space products. The new company will be licensed by the DoS/Isro, which… Continue reading Budget Briefs:India to move towards harnessing its space capability commercially,New Space India Limited (NSIL) incorporated towards this end

Budget Briefs:Government to encourage and facilitate role of women in India’s growth story

The government has proposed to expand the women self help groups (SHGs) interest subvention programme to all districts. The minister has proposed that for every verified women Self Help Group (SHG) member,having a Jan Dhan Bank Account an overdraft of Rs.5,000 will be allowed. One woman in every SHG will also be made eligible for… Continue reading Budget Briefs:Government to encourage and facilitate role of women in India’s growth story

Budget Briefs:Government to bring greater ease of living through technology

Finance minister has said that the government aims to bring greater ease of living in the lives of its citizens. This can be achieved through the use of technology as digital payments are gaining acceptance everywhere including by the Government. The Finance Minister also said that about 30 lakh workers have joined the Pradhan Mantri… Continue reading Budget Briefs:Government to bring greater ease of living through technology

Budget Briefs:Government proposes measures to deepen Corporate Debt markets

Finance minister has said that the government will work with the Reserve Bank of India(RBI) and Securities and Exchange Board of India(SEBI) to deepen the corporate debt market with a special focus on infrastructure. The minister also announced that a Credit Guarantee Enhancement Corporation will be set up in the current fiscal year as part… Continue reading Budget Briefs:Government proposes measures to deepen Corporate Debt markets

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 5, 2019

Archives Q.1) India has contributed tremendously in space exploration. Do you think India should expand private players role in its space industry? Critically analyse. Answered Q.2) India is targeting to become a $5 trillion economy by 2025, but the past experience of jobless growth is a headache for Indian intelligentsia. In light of this, discuss… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 5, 2019

Mains Marathon Daily Current Affairs Questions and Answer Writing – July 6th, 2019

Read the following questions and answer them by clicking on the links in not more than 200 words Time: 30 Minutes Kindly review each other’s answer Q.1) Enlist 10- points ‘Vision for the Decade’ flagged in Budget 2019-20. How it will help in developing a New India? India Govt. Budget Q.2) Budget 2019-20 announced a… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – July 6th, 2019

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