UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction Unified Payments Interface (UPI) has become a core part of India’s digital payments system, but rapid growth has raised costs for banks, processors and Payments Corporation of India (NPCI). The proposed legal change allowing Merchant Discount Rate (MDR) raises a basic question: how can UPI… Continue reading Small levy on UPI transactions, not a bad idea
Tag: Business Line
Natural farming impetus
Source: The post “Natural farming impetus” has been created based on “Natural farming impetus” published in “Business Line” on 7 July 2026. Natural farming impetus. UPSC Syllabus: GS Paper 3– Economy Context: Natural farming has become a resilience imperative because India’s agriculture remains heavily dependent on imported fertilizers, fossil fuels, groundwater extraction, and other external… Continue reading Natural farming impetus
Licensing for Urban Co-operative Banks (UCBs)
News: The Reserve Bank of India (RBI) plans to re-start issuing fresh licensing for Urban Co-operative Banks (UCBs)after a gap of two decades. About Licensing for Urban Co-operative Banks (UCBs) The Reserve Bank of India (RBI) has proposed to restart issuing fresh licences for setting up Urban Co-operative Banks (UCBs) after a gap of nearly… Continue reading Licensing for Urban Co-operative Banks (UCBs)
NEET paper leaks: Diagnosing the real disease
Source: The post “NEET paper leaks: Diagnosing the real disease” has been created based on “NEET paper leaks: Diagnosing the real disease” published in “BusinessLine” on 31 July 2026. NEET paper leaks: Diagnosing the real disease. UPSC Syllabus: GS 2 – Governance Context: The government has constituted a high-powered committee to strengthen the examination system,… Continue reading NEET paper leaks: Diagnosing the real disease
Retrieval-Augmented Generation (RAG)
News: As enterprises increasingly adopt AI, Retrieval-Augmented Generation (RAG) has emerged as a key framework for connecting AI models with an organization’s proprietary knowledge. About Retrieval-Augmented Generation (RAG) It is a technique that makes AI more accurate by allowing it to search your organization’s own documents before answering a question. Features: Instead of relying only… Continue reading Retrieval-Augmented Generation (RAG)
India’s Mobile Phone Manufacturing Story
Source: The post “India’s Mobile Phone Manufacturing Story” has been created based on “Factory reset” published in “Business Line” on 27 July 2026. India’s Mobile Phone Manufacturing Story. UPSC Syllabus: GS-3 – Economy Context: India’s mobile phone manufacturing sector has witnessed remarkable growth under the Production Linked Incentive (PLI) scheme. However, domestic value addition has… Continue reading India’s Mobile Phone Manufacturing Story
India’s Prudent Tax Administration
UPSC Syllabus: Gs Paper 3- Indian economy and Infrastructure Introduction India’s tax administration has evolved from ancient principles of public revenue to a modern, technology-driven and information-based system. Continuous tax reforms have simplified laws, improved transparency and strengthened compliance. The Income-tax Act, 2025, which came into force from FY 2026–27, marks a significant milestone by… Continue reading India’s Prudent Tax Administration
Pitfalls of FCNR (B) scheme
Source: The post “Pitfalls of FCNR (B) scheme” has been created based on “Pitfalls of FCNR (B) scheme” published in “Business Line” on 24 July 2026. Pitfalls of FCNR (B) scheme. UPSC Syllabus: GS-3- Economy Context: The Foreign Currency Non-Resident (Bank) [FCNR(B)] Deposit Scheme aims to attract NRI dollar deposits, strengthen India’s foreign exchange reserves,… Continue reading Pitfalls of FCNR (B) scheme
Coming to Grips with Rare Earths
UPSC Syllabus: Gs Paper 3- Infrastructure Introduction India is trying to build a domestic rare-earth magnet industry to reduce its dependence on imports and strengthen critical mineral security. The government has introduced financial incentives and policy measures to develop a complete mine-to-magnet value chain. However, the biggest obstacle is not the availability of minerals or… Continue reading Coming to Grips with Rare Earths
The precarity of living in urban slums
Source: The post “The precarity of living in urban slums” has been created based on “The precarity of living in urban slums” published in “Business Line” on 21 July 2026. The precarity of living in urban slums. UPSC Syllabus: GS Paper 2 – Governance Context: Urban India has witnessed significant expansion in schools, health centres,… Continue reading The precarity of living in urban slums
