Source: The post challengesof high debt-GDP ratios has been created, based on the article “Stick to fiscal deficit as the norm for fiscal prudence” published in “The Hindu” on 7th August 2024 UPSC Syllabus Topic: GS paper3- Economy-mobilisation of resources Context: The article discusses how high government fiscal deficits can lead to large debt burdens,… Continue reading Challenges of high debt-GDP ratios
Tag: Economy
Technological progress affected labour income
Source: The post technological progress affected labour income has been created, based on the article “Income inequality: More jobs and higher taxes can counter the effects of automation” published in “The Hindu” on 6th August 2024 UPSC Syllabus Topic: GS paper3- Economy-growth, development and employment. Context: The article explains that technological advances, like automation and… Continue reading Technological progress affected labour income
On Effective Use of Public Procurement – Public procurement for Make in India
Source: The post on Effective Use of Public Procurement has been created based on the article “Public procurement for Make in India” published in “Business Standard” on 6th December 2023. UPSC Syllabus Topic: GS paper 3- Economy- Effects of liberalisation on the economy, changes in industrial policy and their effects on industrial growth. News: The… Continue reading On Effective Use of Public Procurement – Public procurement for Make in India
Hidden costs of agriculture in India – The need to transform agri-food systems
Source: The post Hidden costs of agriculture in India has been created on the article “The need to transform agri-food systems” published in “The Hindu” on 5th December 2023. UPSC Syllabus Topic: GS paper 3 – Economy- agriculture (issues of buffer stocks and food security) News: The article discusses a United Nations Food and Agriculture… Continue reading Hidden costs of agriculture in India – The need to transform agri-food systems
Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise
Contents1 Introduction2 What is retrospective taxation?3 The History behind retrospective tax law 4 Salient provisions of the Taxation Laws (Amendment) Bill, 20215 Implications of Retrospective taxation laws 6 Rulings against India’s retrospective taxation in the past:7 Significance of Curbing Retrospective taxation laws Introduction The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to… Continue reading Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise
What India’s labour force survey actually says about employment
Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Contents1 Synopsis:2 Introduction3 Key findings of the Quarterly Bulletin of PLFS:4 About the significance of the recent PLFS:5 Reason for high jobs during low economic activity:6 Challenges exposed by the PLFS7 Conclusion: Synopsis: The Periodic Labour Force… Continue reading What India’s labour force survey actually says about employment
Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Contents1 Introduction2 What is the Periodic Labour Force Survey?3 What are LFPR, WPR and UER?4 The LFPR and UER in the past:5 What does the Low LFPR and High UER imply?6 Why the recent Periodic Labour Force Survey (PLFS) reports are signifying?7 Causes of unemployment in India8 Suggestions to reduce the unemployment rate Introduction The… Continue reading Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Food security in India and its challenges- Explained, pointwise
Contents1 Introduction2 India’s food production capacity3 Impact of the pandemic on Food Security4 Government measures to improve food security during the pandemic5 Challenges to food security6 Suggestions to improve food security7 Conclusion Introduction With a reduction in COVID-19 infections as the second wave weakens in India, it is important to focus on the pandemic’s disruptive… Continue reading Food security in India and its challenges- Explained, pointwise
India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
Source: The Business Standard Relevance: There are certain problems associated with the renewable energy sector which is hurting India’s renewable energy targets. Synopsis: India is now chasing its target of 450 GW of renewable power by 2030. However, several issues, including delays in the signing of power sales agreement (PSAs) stand in the way of realising… Continue reading India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
How effective is the Ease of doing business index? – Explained, pointwise
Contents1 Introduction2 About Ease of Doing Business Index (EoDB)3 India’s performance in the recent EoDB Index4 Major reforms initiated by the government to improve EoDB in India5 Advantages of EoDB rankings6 Problems with the concept of EoDB7 Challenges faced by Indian Entrepreneurs8 Suggestions to improve Business in India Introduction India improved its global rank in… Continue reading How effective is the Ease of doing business index? – Explained, pointwise
