Category: ECONOMY-2

Context: The government has made public-private partnership (PPP) component mandatory for availing central assistance for new metro projects. Introduction: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday, approved a new metro policy for expanding and regulating metro rail services in cities across India Public private partnership (PPP): Public Private Partnership is a… Continue reading India’s PPP model can revive public investment

Context: The Securities and Exchange Board of India has imposed trading restrictions on 162 listed entities indentified as shell companies. Introduction Recently, SEBI named 331 listed companies as suspected “shell companies” that exist for the purpose of financial manoeuvring. The SEBI, in its upcoming meeting on September 18, is likely to have a detailed discussion… Continue reading Crackdown on Shell Companies

Context: The Union Cabinet chaired by Prime Minister Narendra Modi approved a new metro policy for expanding and regulating metro rail services in cities across India. Introduction: This is the first such policy prepared by the union since metro rail operations began in Delhi in 2002 Presently, metro projects with a total length of 370… Continue reading New Metro Rail Policy gets Cabinet nod

Context: The Centre on Wednesday approved the setting up of single corpus fund, in which all proceeds of secondary and higher education cess will be credited. Introduction: The HRD Ministry will be the nodal agency responsible for the administration and maintenance of the non-lapsable pool that will be known as “Madhyamik and Uchchtar Shiksha Kosh”(MUSK).… Continue reading Cabinet approves corpus fund for education cess proceedings

Context: As India marks 50 years of the Green Revolution this year, the Indian farmers are still facing crisis Introduction: Farming is the most important enterprise in India and farmers are an integral part of our country. To address the agrarian crisis and farmer’s unrest across the country, the government needs to take steps to… Continue reading The challenges of doubling Indian farmers’ incomes in India

Context The Ministry of Defence (MoD) has gone back on its demand for a non-lapsable capital fund for defence procurements. Report The Parliamentary Standing Committee (PSC) on Defense asked the Ministry of Finance to work out the modalities for the creation of such a fund in consultation with the MoD. The Committee would like the… Continue reading Ministry of Finance to work out the modalities for the creation of Defense procurement

Context: Cross-LoC trade continues to be a key confidence building measure between India and Pakistan Introduction: Of late, cross-LoC, trade has been in focus after the National Investigation Agency (NIA) began probing the funding patterns of traders. In October, cross-LoC trade will complete nine years. Irrespective of the negative perception around it, trade continues to… Continue reading Recent trends in India-Pakistan trade

  Context: Services are being more urbanized than manufacturing sector raises immense possibilities of their being a growth driver that can promote inclusive growth in India. Introduction: Service sector is the single largest and fastest growing sector in India contributing more to output and employment. In India, the service sector has developed manifolds since 1991… Continue reading Service sector as an engine for inclusive growth in India

Context: Recently, the Supreme Court has asked the Centre to ensure that States implement key aspects of the Food Security Act. Introduction: Several state governments have not met key requirements in the food security legislation which empower common man in securing subsidized food. Food Ministry data presented to Parliament show that the present system does… Continue reading Connecting food and nutrition security

Context: The Logistics Data Bank (LDB) project, unveiled in July 2016 to make India’s logistics sector more efficient through the use of Information Technology, will soon expand operations to the country’s southern region.  Introduction: The project so far, had covered only the western logistics corridor. The project covers the entire movement of containers through rail… Continue reading Indian logistics industry is at the turning point of its development