To tackle the Indian economy’s woes, create more jobs: What is the issue? The Indian economy’s health is not good. Economic growth decelerated to a three-year low of 5.7% in the June quarter of 2017-18. In the same quarter, the current account deficit hit a four-year high of 2.4% of gross domestic product (GDP). Industrial… Continue reading To tackle the Indian economy’s woes, create more jobs:
Author: ForumIAS
Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 30, 2018
Archives Q.1) The Indo-Pacific region positions itself as one of the world’s most significant geo-strategic and economic zone, replacing the emphasis erstwhile enjoyed by the Atlantic-Pacific region. Comment. Answer: Indo-Pacific is the geographical connotation of the area which covers the Eastern Coast of Africa through Indian Ocean and Western Pacific Ocean. Importance of Indo –… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 30, 2018
GST: competitiveness to quell power costs:
GST: competitiveness to quell power costs: Context Analysis of GST impact on power sector the Central and State Governments have always given special tax treatment to the power sector in the past. But post GST, that trend may not continue. Negative impact The GST Act has kept electricity out of its ambit while keeping the… Continue reading GST: competitiveness to quell power costs:
GST: old habits spur poor compliance:
GST: old habits spur poor compliance: Context The government had last week announced that, though the last date for filing the GSTR-3B form for August was September 20, only 55% of those ‘required to file’ had done so by September 25. What are the reasons behind half of the registered taxpayers filing their August returns?… Continue reading GST: old habits spur poor compliance:
Fewer GST slabs possible after rise in revenue:
Fewer GST slabs possible after rise in revenue: Context Bigger reforms such as lower number of slabs under the Goods and Services Tax (GST) regime will be considered once there is revenue neutrality. Why such reforms? To reduce compliance burden for small taxpayers. There will be space for improvement eventually, once economy becomes revenue neutral.… Continue reading Fewer GST slabs possible after rise in revenue:
Service For Swachhata:
Service For Swachhata: Context: Started on 15th August, 2014, It has been three years of the Swachh Bharat Mission. The Prime Minister, Narendra Modi called for an accelerated, nation-wide campaign termed Swachhata Hi Seva, from September 15 to October 2. What is the progress of Swachh Bharat Mission in three years? Rural sanitation coverage has… Continue reading Service For Swachhata:
Back to paper:
Back to paper: Context: The Election Commission’s decision to use the Voter Verifiable Paper Audit Trail (VVPAT) What is the news all about? For the first time, VVPAT will be used on a State-wide basis in Gujarat It may silence the critics that questioned the safety and accuracy of EVMs What is the unique feature… Continue reading Back to paper:
For a knowledge economy:
For a knowledge economy: Context India needs to do much more than investing money into higher education institutions to create a knowledge ecosystem in the country. Creating a knowledge ecosystem in India For knowledge to translate into a wealthy society, we need to create a conducive knowledge ecosystem, which is currently missing from our national… Continue reading For a knowledge economy:
Chauvinist winds over India:
Chauvinist winds over India: Context Debates over refugees, the right to dissent, or gender violence, suggest that India is becoming a nation devoid of compassion for those who are persecuted. What is our stance on Rohingya? Government in the Supreme Court is defending its decision to deport Rohingya refugees. Intelligence agencies say Rohingya are a… Continue reading Chauvinist winds over India:
The fiscal myth:
The fiscal myth: Overview Slow growth in the last few quarters, with growth in GDP dropping to 5.7% has led to speculation that the government might resort to increased spending to boost economy. While there has been no official announcement of a fiscal stimulus yet, government is looking at ways to revive the economy. Many… Continue reading The fiscal myth:
