Source: Indian Express Context: ground: The International Monetary Fund’s latest World Economic Outlook has predicted that Bangladesh’s per capita GDP will overtake that of India this year. International development institutions have asked the rest of the subcontinent and developing countries around the world to learn much from Dhaka’s experience or the Bangladesh model. What are the… Continue reading Regional implications of Bangladesh’s Economic Success
Category: Subjects
Centre gives in, says will borrow to make up for states’ GST shortfall
News: The Central government has decided to borrow up to Rs 1.1 lakh crore on behalf of the states to meet the shortfall of Goods and Services Tax(GST) compensation. Facts: Borrowing Mechanism: Under the Special Window, the estimated shortfall of Rs 1.1 lakh crore will be borrowed by Centre in appropriate tranches.The amount so borrowed… Continue reading Centre gives in, says will borrow to make up for states’ GST shortfall
Constitutional government
A constitutional government is the one that is defined by the constitution of the country. A constitution can merely be a set of fixed norms or principles or a legal instrument accepted in the country as a framework for the polity of the country. Constitution of a country is supreme law of the land, it is… Continue reading Constitutional government
Macro-economic Framework Statement
The Fiscal Responsibility and Budget Management Act, 2003 mandates that Central Government shall lay in each financial year before both Houses of Parliament the following statements of the fiscal policy along with the annual financial statement and demands for grants except the Medium-term Expenditure Framework Statement, namely:— (a) the Medium-term Fiscal Policy Statement; (b) the Fiscal… Continue reading Macro-economic Framework Statement
Commercialization of coal mining
Source- Live Mint Syllabus- GS 3- Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. Context– Centre was all set to allow commercial and even foreign players to mine coal from 19th October, with the aim of making India among the biggest exporters of the dry fuel, but… Continue reading Commercialization of coal mining
Reason for Delhi October pollution Level
Source: The Indian Express Syllabus: GS-3- Environment Context: Delhi’s air quality started to dip as the AQI touched very poor for the very first time this October. Why does air pollution rise in October each year? Air pollution in Delhi and the whole of the Indo Gangetic Plains is a complex phenomenon that is dependent on… Continue reading Reason for Delhi October pollution Level
Infrastructure and manufacturing led growth in India
Source-Live Mint Syllabus- GS 3- Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Context- India needs to create 90 million non-farm jobs by 2030 to avoid economic stagnation. What is the importance of these two sectors? Construction- 24 million non-farm jobs could come from construction alone by 2030, 16… Continue reading Infrastructure and manufacturing led growth in India
Delhi Air pollution and Punjab act, 2009
Punjab Preservation of Sub-Soil Water Act, 2009 prohibits farmers from transplanting the sapling and sowing paddy seeds in nurseries, prior to the notified dates. Haryana too implemented a similar law in 2009. Prior to the enactment of this law, farmers would begin the sowing cycle in April for the crop which can typically take up… Continue reading Delhi Air pollution and Punjab act, 2009
Air Quality index India (AQI)
India has come up with an Air Quality index India (AQI) to give an aggregate sense of the quality of air. The formulation of the index was a continuation of the initiatives under Swachh Bharat Mission envisioned by the present Prime Minister of India. There are six AQI categories, namely Good, Satisfactory, Moderately polluted, Poor,… Continue reading Air Quality index India (AQI)
Inversion of temperature and Delhi pollution
In normal conditions, Temperature of air decreases with the increasing heights, till the inversion layer. Normally, Air temperature decreases at a rate of 3.5°F for every 1,000 feet (or roughly 6.4°C for every kilometre), in this condition air is called unstable due to it constant movement between cold and warm layers. Temperature inversion layers is… Continue reading Inversion of temperature and Delhi pollution
