Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough… Continue reading 9 PM Daily Current Affairs Brief – February 2nd, 2022
A recipe to deepen the distress in rural economy
News: The pandemic induced slowdown has disproportionately affected those at the bottom. Also the economy specially the rural economy had been facing challenges due to demand deficiency even before the pandemic started. Given that monetary policy has limited success in dealing with a crisis of this nature ,fiscal policy is expected to play the dominant… Continue reading A recipe to deepen the distress in rural economy
A betrayal of the social sector when it needs help
News: India continues to rank poorly in various global indices such as the Human Development Index, the Global Hunger Index and others. But, despite this, the budget has put less emphasis on the social sector like health, education and food security. Contents1 Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise 2 What is… Continue reading A betrayal of the social sector when it needs help
Budget’s missed healthcare opportunity
News: Given the Covid pandemic it was expected that health would be the focus of the budget. But government’s focus is more on capital expenditure. Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise Contents1 Why government focus on health is important?2 Why less allocation is a challenge for the health sector?3… Continue reading Budget’s missed healthcare opportunity
FM call for paradigm change in urban planning ‘opportunity of a lifetime’: Experts
News: On emphasizing urban planning, Finance Minister (FM) said when India will celebrate its 100th Independence Day, nearly half the population would be in urban areas. Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise Contents1 What is the announcement on urban planning from budget 2022-23?2 What is the need for urban planning?3… Continue reading FM call for paradigm change in urban planning ‘opportunity of a lifetime’: Experts
FM moots ₹19,500-cr. push for solar manufacturing
What is the News? In Union Budget 2022, the Finance Minister has announced an “additional allocation” of ₹19,500 crore as a Production-linked incentive for manufacturing solar modules. Note: The Budget 2022 has referred to climate action as a sunrise sector and employment generator. This has sent an important signal to markets, financial institutions and the… Continue reading FM moots ₹19,500-cr. push for solar manufacturing
Push for promotion of drones through start-ups
What is the News? In the Union Budget 2022, the Finance Minister has announced several steps for the promotion of Drones. What are the steps announced by the Finance Minister for the promotion of Drones? Firstly, Startups will be promoted to facilitate ‘Drone Shakti’ through varied applications and for Drone-as-a-Service(DrAAS). Note: Drone Shakti is a… Continue reading Push for promotion of drones through start-ups
Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
What is the News? In Budget 2022, the Finance Minister has announced several norms for virtual digital assets. What are the steps announced by the Finance Minister for crypto assets? Digital Rupee: Reserve Bank of India will launch a Digital Rupee – India’s version of a Central Bank Digital Currency (CBDC) by 2022-23. The CBDC will… Continue reading Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
What is the News? In Budget 2022, the Finance Minister has announced several initiatives for the Health Sector. But the Budget 2022-23 has not allocated much to the health sector as required despite the ongoing pandemic. What are the initiatives announced in the Health Sector in Budget 2022? Health Budget: The health sector saw a muted… Continue reading Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025
What is the News? In the Budget 2022, the Union Finance Minister has announced several initiatives in the Telecom Sector. What are the initiatives announced by the Finance Minister in the Telecom Sector? Firstly, the Government will hold an auction for the 5G spectrum in 2022, but the implementation of services will happen in 2022-2023. … Continue reading Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025
