General Assembly of the United Nations, on 10 December 1948, announced the 30 rights and freedoms that belong to everyone, under Universal Declaration of Human Rights (UDHR). The Universal Declaration promises to all the economic, social, political, cultural and civic rights that underpin a life free from want and fear. Articles under Universal Declaration of… Continue reading Universal Declaration of Human Rights (UDHR)
Category: Subjects
GST Compensation Issue
Source: Indian Express Context: Recently, the Centre has acceded to the states’ request, that it will borrow Rs 1.1 lakh crore to compensate them for the shortfall in their GST revenues. What is the Background? For bringing the states in to GST ambit, The Centre assured the states of a 14 per cent growth in… Continue reading GST Compensation Issue
MPLAD Scheme
MPLAD is a central government scheme, under this scheme any MPs are empowered to recommend development programmes involving the spending every year of Rs 5 crore in their respective constituencies. MPLADS guidelines states that the objective of the scheme is to enable MPs to recommend works of developmental nature with emphasis on the creation of durable community… Continue reading MPLAD Scheme
MSME Udyam Process
Source: Indian Express Syllabus:Gs3: Inclusive Growth and issues arising from it. Context: Udyam initiative is promising in terms of capturing reliable and verified information about MSMEs but it can impact some MSME’s from accessing formal finance Why the information available on MSME’s are not adequate? Reliable and updated information regarding small businesses in India is… Continue reading MSME Udyam Process
Bangladesh’s per capita income greater than India’s
Source: Indian Express Syllabus: Gs3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Context: For the year 2020, the per capita income of an average Bangladeshi citizen would be more than the per capita income of an average Indian citizen. Why India’s per capita income has fallen below Bangladesh… Continue reading Bangladesh’s per capita income greater than India’s
New FCRA Norms might result in fund crunch for philanthropy and CSR
Source: Live Mint Syllabus: GS2: Development Processes and the Development Industry — the Role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders. Context: New norms on foreign donations and covid-19 could end up shrinking the money pool for philanthropy and CSR. What are the changes over the years? The Foreign… Continue reading New FCRA Norms might result in fund crunch for philanthropy and CSR
Declining Role of Parliament in India
Context- The role of Parliament as a platform for ensuring accountability of the executive and use of its instruments for ensuring criticism, deliberation and even consensus-making has declined in the past few years. What are the current issues reducing the relevance of Parliament? Role of parliamentary committees – To strengthen the lawmaking process, it is important that all Bills are examined by Standing… Continue reading Declining Role of Parliament in India
Eligibility for Free Legal Services
The National Legal Services Authority (NALSA) has been constituted under the Legal Services Authorities Act, 1987 to provide free Legal Services to the weaker sections of the society and to organize Lok Adalats for amicable settlement of disputes. In every State, State Legal Services Authority has been constituted to give effect to the policies and… Continue reading Eligibility for Free Legal Services
GST Compensation Issue and cooperative federalism
Source: Indian Express Context: Issue of compensating states for the loss of their GST revenues What is the background of the issue? Creation of the GST Council in 2017, to levy GST (unified domestic consumption tax) was hailed as a great example of cooperative federalism. Concerned with loss of revenue due to the new GST… Continue reading GST Compensation Issue and cooperative federalism
[Eco – 105] Indian Budget, Fiscal policy and Taxation in India.
Taxation troubling you? Learn its complicated concepts with forumias.
