Source: The post is based on an article “Lessons from a tax cut” published in the Business Standard on 27th July 2022. Syllabus: GS 3 The Union Budgeting Relevance: Corporate Tax Collection; Ease of Doing Business News: In 2019, the government reduced the corporation tax rate to revive growth in the Indian Economy. The article… Continue reading Lessons from a tax cut
Tag: business standard
India seen overtaking China as biggest importer of seaborne Russian crude
Source: The post is based on the article “India seen overtaking China as biggest importer of seaborne Russian crude” published in Business Standard on 27th July 2022. What is the News? India is understood to have overtaken China as the top destination for seaborne Russian crude oil this month. This is the first time Indian imports… Continue reading India seen overtaking China as biggest importer of seaborne Russian crude
Green shift: Costs and opportunities
Source: The post is based on an article “Green shift: Costs and opportunities” published in the Business Standard on 26th July 2022. Syllabus: GS 3 Ecology and Environment; Infrastructure – Energy Relevance: Green Energy Transition Context: The single biggest long-term challenge being faced by the world today is decarbonising world energy. At present, atmospheric CO2… Continue reading Green shift: Costs and opportunities
A cultivated idea for cities
Source: The post is based on an article “A cultivated idea for cities” published in the Business Standard on 24th July 2022. Syllabus: GS Paper 3 – Agriculture – Urban Agriculture Context: Urban agriculture has not received the attention it merits. Urban agriculture is the practice of growing farm products in cities and their… Continue reading A cultivated idea for cities
India’s battery storage potential to be 600 GWh by 2030: Niti report
Source: The post is based on the article “India’s battery storage potential to be 600 GWh by 2030: Niti report” published in Business Standard on 23rd July 2022. What is the News? NITI Aayog has released a report titled ‘Advanced Chemistry Cell Battery Reuse and Recycling Market in India’. What are the key findings of… Continue reading India’s battery storage potential to be 600 GWh by 2030: Niti report
MoD bans imports from 18 top defence platforms, items to be made in India
Source: The post is based on the article “MoD bans imports from 18 top defence platforms, items to be made in India” published in Business Standard on 23rd July 2022. Contents1 What is the News?2 What is a Positive Indigenisation List?3 What is the significance of this list?4 What are the steps undertaken by India… Continue reading MoD bans imports from 18 top defence platforms, items to be made in India
With 14.4 judges per million people, undertrials at historic high
Source: The post is based on the article “With 14.4 judges per million people, undertrials at historic high” published in Business Standard on 23rd July 2022. What is the News? This article talks about the vacancies in the judiciary and the increasing number of undertrials in jails. What are the key highlights? Undertrials: The number… Continue reading With 14.4 judges per million people, undertrials at historic high
Exploration, imports, private firms: India’s search for lithium spreads out
Source: The post is based on an article “Exploration, imports, private firms: India’s search for lithium spreads out” published in the Business Standard on 23rd July 2022. Syllabus: GS 1 Distribution of key mineral resources; and GS 3 Science and Technology- Developments and their Applications and Effects in Everyday Life; Achievements of Indians in Science… Continue reading Exploration, imports, private firms: India’s search for lithium spreads out
Shortage of administrative capacity leading to underspending by states
Source: The post is based on the article “Shortage of administrative capacity leading to underspending by states” published in Business Standard on 20th July 2022. What is the News? According to the Comptroller and Auditor General(CAG) audit report, States often spend far less money on health and education for lack of departmental capacity rather than… Continue reading Shortage of administrative capacity leading to underspending by states
Preparing for the presidency – On Assuming G20 Presidency
News: This post is created based on the article “Preparing for the presidency” published in Business Standard on 19th July 2022. Syllabus: GS Paper 2 – Important International Institutions News: India is going to take over the presidency of the Group of 20 (G20) nations from Indonesia in a few months. India’s Group of 20… Continue reading Preparing for the presidency – On Assuming G20 Presidency
