Synopsis: Stimulating Economic growth and Mass vaccination are key to overcome the pandemic-induced economic crisis in India. Increasing public expenditure on health can help India recover from the economic crisis. Background A nominal growth of 14.4% was assumed in the Union Budget. However, because of a prolonged lockdown, India will witness a fall in the… Continue reading Public Expenditure on Health Needs to be Reprioritised
Need for Eco Tax in India
Synopsis: Eco Tax in India can be useful for sustaining public Health financing as well as in mitigating effects of climate change. Background India’s tax revenue decreased significantly during the Pandemic. It has resulted in widening the Fiscal deficit. For instance, the fiscal deficit for FY 2020-21 (revised estimates) is projected to be 9.5% of… Continue reading Need for Eco Tax in India
Significance of SC Ruling on Personal Guarantors for Corporate Loans
Synopsis – The Apex Court has dismissed all challenges to the liability of personal guarantors for corporate loans under the insolvency code. Introduction The Supreme Court upheld a government notification of 2019 issued under the Indian Insolvency and Bankruptcy Code (IBC). This allows banks to initiate insolvency proceedings against personal guarantors who are usually promoters… Continue reading Significance of SC Ruling on Personal Guarantors for Corporate Loans
Must Read Current Affairs Articles – May 25th, 2021
Good Morning dear reader We are posting Today’s Must Read Current Affairs Articles below: About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves… Continue reading Must Read Current Affairs Articles – May 25th, 2021
10 PM Daily Current Affairs Quiz | May 24 2021
Good Evening Friends, We are posting today’s 10pm Current Affairs Quiz Prelims Previous Year Sub Wise Quiz [WpProQuiz 2546]
9 PM Daily Current Affairs Brief – May 24, 2021
Good evening dear reader Here is our 9pm current affairs brief for you today Significance of SC Ruling on Personal Guarantors for Corporate Loans Source-The Hindu Syllabus- GS 3 – Indian Economy Synopsis – The Apex Court has dismissed all challenges to the liability of personal guarantors for corporate loans under the insolvency code. Introduction… Continue reading 9 PM Daily Current Affairs Brief – May 24, 2021
[Downloads] Prelims Marathon Compilation – May, 2021 – 3rd week
Hello everyone, We are posting a compilation of Prelims Marathon for the month of May, 2021 – Third week. Click on the following link to download Prelims Compilation for the month of May, 2021 (Third Week) About Prelims Marathon Daily Prelims Marathon is focused on UPSC Prelims 2020. Under this initiative, we post, daily 10… Continue reading [Downloads] Prelims Marathon Compilation – May, 2021 – 3rd week
UK’s Electronic Travel Authorisation Scheme
What is the News? The United Kingdom(UK) has announced plans for a fully digital border with the launch of Electronic Travel Authorisation Scheme. About Electronic Travel Authorisation(ETA) Scheme: The scheme is similar to the U.S.-style electronic travel authorization. It will pre-check the travellers coming to the U.K. Under this, visitors without a visa or immigration… Continue reading UK’s Electronic Travel Authorisation Scheme
SC Ruling on Personal Guarantor’s Liability for Corporate Debt
What is the News? The Supreme Court has upheld the government’s move to allow lenders to initiate insolvency proceedings against personal guarantors. Who is a personal guarantor? To showcase their intent to repay the bank loan on time, the promoters of some big business houses submit a personal guarantee to the lenders. It secures them… Continue reading SC Ruling on Personal Guarantor’s Liability for Corporate Debt
How UNESCO Grants World Heritage Site tag?
What is the News? The Maharashtra government has submitted a list of 14 fort sites to be included in the Tentative list of UNESCO World Heritage Sites. These sites are from the era of 17th century Maratha king Chhatrapati Shivaji Maharaj. UNESCO has accepted the nomination in Tentative Lists of its World Heritage Site. What… Continue reading How UNESCO Grants World Heritage Site tag?
