Manufacturing Industry: Quantity in alignment with Quality

Context: Indian Economy The current debate is about whether the production of the manufacturing sector should be governed by the quantity produced or should the impetus be on production process that not only increases quantity but also maintains a quality Make in India is makeshift program initiated by the Government of India (GOI) to encourage… Continue reading Manufacturing Industry: Quantity in alignment with Quality

Bank Merger

Context The Finance Ministry has asked four large PSU creditors to explore opportunities for acquisition of small and mid-sized banks with a goal to create global sized lenders. Key Features Large public sector banks (PSBs) like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could try looking for potential contenders for… Continue reading Bank Merger

Must Read News Articles – June 20

Archives  GS 2 Issues related to governance End the violence: (The Hindu, Editorial) Longstanding issues such as the demand for a separate state of Gorkhaland in the Darjeeling Hills of West Bengal cannot be wished away with a magic wand. Legislation and legality: (The Hindu, Editorial) In the Aadhaar-PAN case, the Supreme Court has effectively held that… Continue reading Must Read News Articles – June 20

All you need to know about the Periodic Labour Force Survey

Context: The Ministry of Statistics and Programme and Implementation has launched Periodic Labour Force Survey in April 2017 which will supersede the earlier system where data was available only every five years.  About the Periodic Labour Force Survey The Periodic Labour Force Survey would generate quarterly reports on the urban labour market situation and an annual… Continue reading All you need to know about the Periodic Labour Force Survey

India’s polar ship still a long way off

Context India’s plans to acquire a Rs. 1,000-crore polar research vehicle (PRV) a ship that can cut through ice sheets and glaciers may see fresh delays. Issue The new ‘Make in India’ policy gives Indian companies an edge in bagging these contracts, which are open to international and local bidders. This concession allows an Indian… Continue reading India’s polar ship still a long way off

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