Source: The post is based on the article “All governments are crony capitalists” published in the Business Standard on 9th February 2023. Syllabus: GS 3 – changes in industrial policy and their effects on industrial growth. Relevance: About business-political nexus. News: Political connections for business purposes often happen due to complex rules and regulations and… Continue reading All governments are crony capitalists
Tag: business standard
Boosting pharma research
Source: This post is created based on the article “Boosting pharma research”, published in Business Standard on 8th Feb 2023. Syllabus Topic: GS Paper 3 – Industries and industrial policies News: Government is going to introduce research-linked incentive (RLI) scheme for pharmaceutical sector, just like PLI scheme for other sectors. Not much is clear about… Continue reading Boosting pharma research
Signs of a weakening public sector
Source: The post is based on the article “Signs of a weakening public sector” published in the Business Standard on 8th February 2023. Syllabus: GS 3 – Government Budgeting. Relevance: About fiscal relations between the Centre and states and PSUs. News: The Budget reveals the nature of the Centre’s financial engagement with public sector undertakings… Continue reading Signs of a weakening public sector
What will drive global growth?
Source: The post is based on the article “What will drive global growth?” published in Business Standard on 7th February 2023. Syllabus: GS 3 – Growth and Development Relevance: factors responsible for growth in A-10 economies News: The demographic shift in 10 major Asian economies (the A-10: China, India, Indonesia, Japan, the Philippines, Vietnam, Thailand, Korea, Malaysia,… Continue reading What will drive global growth?
Certainly, uncertainty has declined – on world economy
Source– The post is based on the article “Certainly, uncertainty has declined” published in The Business Standard on 6th February 2023. Syllabus: GS3- Economy Relevance– Global economic prospects and impact on India News– Over the past year, global macroeconomic stability has improved, which sets the stage for good growth from 2024. What was the situation… Continue reading Certainly, uncertainty has declined – on world economy
Green growth push – New initiatives have long-term potential
Source: The post is based on the article “Green growth push – New initiatives have long-term potential” published in the Business Standard on 6th February 2023. Syllabus: GS 3 – Environment and Bio-diversity Conservation. Relevance: About the green growth push in the Budget 2023-24. News: The Union Budget has focussed on many green growth push initiatives… Continue reading Green growth push – New initiatives have long-term potential
Decluttering the defence budget
Source: The post is based on an article “Decluttering the defence budget” published in Business Standard on 3rd February 2023. Syllabus: GS 3 – Government Budgeting Relevance: Budget 2023-24 for the defence News: The article discusses the shortcomings of the Budget 2023-24 in the defence sector. What are the shortcomings with the budget in the defence sector?… Continue reading Decluttering the defence budget
A ‘waterfall’ for insolvency resolution
Source– The post is based on the article “A ‘waterfall’ for insolvency resolution” published in the Business Standard on 3rd February 2023. Syllabus: GS3- Changes in Industrial Policy and their Effects on Industrial Growth Relevance– Exit process of the business News– The Ministry of Corporate Affairs has recently issued a discussion paper inviting comments on… Continue reading A ‘waterfall’ for insolvency resolution
Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Source: The post is based on the article “Budget 2023: 80,000 start-ups exempt from angel tax, says gov” published in Business Standard on 3rd February 2023 What is the News? The Finance Minister has made several announcements related to the startup sector in the Union Budget 2023-24. What are the announcements made in the Budget… Continue reading Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Why state must cede power to communities
Source– The post is based on the article “Why state must cede power to communities” published in the Business Standard on 1st February 2023. Syllabus: GS3- Economy. GS1- Society Relevance– Developmental model across the world News– The article explains the reason for the broken state of affairs across the most advanced societies. It also explains… Continue reading Why state must cede power to communities
