Interim Budget 2019: Centre’s fiscal deficit target goes for a toss

The Government have budgeted the fiscal deficit for 2019-20 at 3.4% of the Gross Domestic Product which is slightly higher than the target of 3.3% of GDP that the government had set itself last year. Fiscal deficit is the amount of money that the government needs to borrow in a given year because their expenses… Continue reading Interim Budget 2019: Centre’s fiscal deficit target goes for a toss

7 PM | Interim Budget 2019-20 | 2 January, 2019

Read In-depth analysis of all the Editorials here Context: Minister of Finance, Government of India, presented the interim budget on 1 February, 2019. Focus of the interim budget: The interim Budget 2019-20 contained elements that are aimed at benefiting three major segments of the population i.e. farmers, informal sector workers, and salaried taxpayers. Budget made announcements… Continue reading 7 PM | Interim Budget 2019-20 | 2 January, 2019

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7 PM | Land Degradation | 2 February 2019

Read In-depth analysis of all the Editorials here Context: The preliminary assessment report circulated by the Secretariat of UNCCD finds that between 2000 and 2015, 20% of the world’s productive and healthy land has degraded. What is land degradation? Land degradation generally signifies the temporary or permanent decline in the productive capacity of the land. According… Continue reading 7 PM | Land Degradation | 2 February 2019

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The Chanda Kochhar case raises issues of corporate governance that go well beyond her

The Chanda Kochhar case raises issues of corporate governance that go well beyond her corporate governance News: The article discusses the CBI report on erstwhile ICICI bank CEO MS. Chanda Kochhar and standards of corporate governance in India. Facts: Recently Central Bureau of Investigation filed an FIR against Ms. Chanda Kochhar, her husband Deepak Kochhar,… Continue reading The Chanda Kochhar case raises issues of corporate governance that go well beyond her

India must join WTO members in e-commerce talks

India must join WTO members in e-commerce talks economy News A group of 75 countries has launched negotiations on the trade-related aspects of e-commerce at the WTO Important Facts The announcement of the plan to start the e-commerce negotiations was made at the on-going World Economic Forum (WEF) meet in Davos. Developing countries such as… Continue reading India must join WTO members in e-commerce talks

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Interim Budget 2019 | Farm pension: just a drizzle in drought?

Interim Budget 2019 | Farm pension: just a drizzle in drought? Budget 2019 News In the interim budget, the government has announced the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Important facts About the scheme: The scheme will provide assured income support to small and marginal farmers. Under the scheme, farmers with small landholdings, of up… Continue reading Interim Budget 2019 | Farm pension: just a drizzle in drought?

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Interim Budget 2019: Goyal unveils Vision 2030, highlighting 10 dimensions

Interim Budget 2019: Goyal unveils Vision 2030, highlighting 10 dimensions Budget 2019 News The government has listed out 10 dimensions of Vision 2030 for India Important Facts: The 10 dimensions are: Physical and Social Infrastructure: To build physical and social infrastructure for a 10 trillion dollar economy- This to include next generation roads, railways, seaports,… Continue reading Interim Budget 2019: Goyal unveils Vision 2030, highlighting 10 dimensions

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₹500 crore for pension for unorganised labour

₹500 crore for pension for unorganised labour Budget 2019 News The government, in the interim budget has announced Pradhan Mantri Shram-Yogi Maandhan for the unorganised sector. Important Facts Under the scheme, an assured monthly pension of Rs. 3000 rupees per month will be provided to workers in the unorganised sector after 60 years of age.… Continue reading ₹500 crore for pension for unorganised labour

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