Read In-depth analysis of all the Editorials here Context: The recent Report on Trend and Progress of Banking in India 2017-18 points out slowdown in financial inclusion (FI) efforts. The concept of financial inclusion: There are several definitions to measure financial inclusion according to different committees and institution such as: • C. Rangarajan Committee: Financial inclusion… Continue reading 7 PM | Financial Inclusion Challenges | 24 January, 2019
Author: ForumIAS
7 PM | Hard Power and Soft Power | 24 January, 2019
Read In-depth analysis of all the Editorials here Context: A nation’s hard power and soft power complement each other in helping a country achieve its growth targets. Soft power and hard power are public diplomacy tools that communicate the nation’s competitive identity and advantage to the world.India’s global image is as much determined by its trade… Continue reading 7 PM | Hard Power and Soft Power | 24 January, 2019
7 PM| Health Financing in India | 24 January, 2019
Read In-depth analysis of all the Editorials here What is health financing? Health Financing refers to the mobilization, accumulation and allocation of money to cover the health needs of the people in an equitable and efficient way. Sources and status of health finances in India: Public Expenditure: The public health expenditure in India (total of centre… Continue reading 7 PM| Health Financing in India | 24 January, 2019
The gap within: on inter-State disparities
The gap within: on inter-State disparities News: The article discusses the prevalence of inter-state economic disparity in India. Facts: India is catching up with the richer economies in terms of absolute size but poorer States continue to lag behind the richer ones in economic growth. A report from the rating agency Crisil found that the… Continue reading The gap within: on inter-State disparities
India up one place on global talent competitiveness ranking at 80th: Survey
India up one place on global talent competitiveness ranking at 80th: Survey PT facts News: India ranks 80th on Global Talent Competitive Index 2019 Important Facts: Global Talent Competitiveness Index (GTCI) is based on the research conducted by INSEAD, is an annual benchmarking report that measures the ability of countries to compete for talent. The… Continue reading India up one place on global talent competitiveness ranking at 80th: Survey
Difference Among Tax Exemption, Tax Deduction and Tax Rebate
Difference Among Tax Exemption, Tax Deduction and Tax Rebate PT facts Tax exemptions: Reduces the overall taxable income. It refers to income, expenditure or investment on which no tax is levied Tax exemptions can be claimed from a specific source of income and not from the gross total income For example, once can claim House… Continue reading Difference Among Tax Exemption, Tax Deduction and Tax Rebate
Why Indian industry needs more than MSME sops
Why Indian industry needs more than MSME sops News Data from the Centre for Monitoring Indian Economy (CMIE’s) suggests that MSME have shown signs of a recovery in the past fiscal year Important facts Trends: Net Sales: Net sales of MSMEs declined considerably between fiscal year 2012 and 2016. However, it improved in 2017-2018. The… Continue reading Why Indian industry needs more than MSME sops
Cabinet gives nod to set up GST Appellate Tribunal
Cabinet gives nod to set up GST Appellate Tribunal News The Union cabinet has approved the creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT). Important facts GSTAT would serve as the forum of second appeals to do with the applicability of GST It is first common forum of dispute resolution… Continue reading Cabinet gives nod to set up GST Appellate Tribunal
Reforming Farmer Producer Organisations
Reforming Farmer Producer Organisations News: The article discusses the functioning of FPOs and need for their reform. Facts: Indian farming is predominantly subsistence-oriented with 86% of individual holdings below two hectares which occupy 47% of the country’s total cultivated area. The production and productivity of these farms are generally low, with limited marketable surplus and… Continue reading Reforming Farmer Producer Organisations
India must become a low-tax-rate, high-tax-compliance nation.. where each citizen pays a moderate rate
India must become a low-tax-rate, high-tax-compliance nation.. where each citizen pays a moderate rate News: India must become a low-tax-rate, high-tax-compliance nation to improve Tax-GDP ratio. Important Facts: Tax-GDP ratio: Tax to gross domestic product (GDP) ratio is the ratio of taxes collected by a government and the GDP of the nation. The tax-to-GDP ratio… Continue reading India must become a low-tax-rate, high-tax-compliance nation.. where each citizen pays a moderate rate
