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

Economic survey 2022-23 highlights

Source: The post is based on the following articles “The Economic Survey that wasn’t” published in The Hindu on 1st February 2023. “The Economic Survey’s growth forecast is a little too optimistic”, “An economic overview that scores on cogency” and “India’s Economic Survey has got back to its true and tested format” published in the… Continue reading Economic survey 2022-23 highlights

Known unknowns of the fertiliser subsidy

Source: The post is based on an article “Known unknowns of the fertiliser subsidy” published in Business Standard on 31st January 2023. Syllabus: GS 3 – Indian Economy Relevance: concerns associated with subsidy on fertilisers News: The government last year came up with measures to bring down the fertiliser subsidy bill. The article provides an analysis of… Continue reading Known unknowns of the fertiliser subsidy

Education challenges of employment

Source: The post is based on an article “Education challenges of employment” published in Business Standard on 31st January 2023. Syllabus: GS 3 – Employment Contents0.0.0.1 Relevance: India’s labour force participation rate and unemployment1 What are highlights of the data?2 How does the Labour Participation Rate (LPR) change with education?3 What are other problems with the employment… Continue reading Education challenges of employment

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