Source: Indian Express Syllabus: GS3: Mobilization of Resources, Growth, Development and Employment. Context: India needs to focus on rebuild and recover to achieve economic growth of 7-8 per cent. Need to address some traditional sore points: Pandemic impact: Indian economy is suffering due to the pandemic with declining growth and limited scope for a fiscal stimulus. Demand-supply issue: India’s… Continue reading To Rebuild and Recover from COVID-19
Author: Durai
GST – Grand Bargain 2.0
Source– The Hindu Context– A Grand Bargain 2.0 between the center and the states is needed in longer run to tackle the issues related to GST compensation to the States. Value added tax [VAT] – An indirect value added tax which was introduced into Indian taxation system on April 1, 2005. VAT was introduced to make… Continue reading GST – Grand Bargain 2.0
Super Cyclone Amphan Is Set to Hit India and Bangladesh
Source: Click here News: Cyclone Amphan has intensified into a super cyclonic storm and is expected to make landfall between West Bengal and Bangladesh close to Sundarbans. Facts: Cyclone Amphan: Cyclone Amphan is a tropical cyclone formed over Bay of Bengal that has turned into a super cyclonic storm. The Cyclone Amphan is also the strongest… Continue reading Super Cyclone Amphan Is Set to Hit India and Bangladesh
