Source- The Indian Express Syllabus- GS 3- Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Context– The financial hole into which the DISCOMS have fallen will deepen in light of COVID. What is UDAY scheme? Launched in November 2015, the Ujjwal DISCOM Assurance Yojana (UDAY) was designed to turn around the precarious financial position of state distribution companies (DISCOMS). The… Continue reading Power sector in India

Source – Live Mint Syllabus- GS-3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Context- Inflation targeting and the decisions of  Monetary Policy Committee (MPC). What causes inflation? The primary cause of inflation is the mismatch between demand and supply. The mismatch can be in following context- Excess money supply that raises… Continue reading India’s inflation targeting policy (Monetary policy)

Source: The Hindu Syllabus: Gs3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment Background: The Prime Minister mentioned that Insolvency and Bankruptcy Code (IBC 2016) would help aid India’s path to self-reliance. What are the issues hindering investments in India? Backlog in court cases: nearly four crore matters pending final judgment. The… Continue reading Insolvency and Bankruptcy Code (IBC 2016)