Quake Up Call – Turkiye, Syria impact magnified by poor construction. India must ensure building codes are followed

Source: The post is based on the article “Quake Up Call – Turkiye, Syria impact magnified by poor construction. India must ensure building codes are followed” published in The Times of India on 9th February 2023. Syllabus: GS 3 – Disaster Management. Relevance: About earthquake-resistant construction. News: Recently, an earthquake of magnitude 7.8 struck south-central… Continue reading Quake Up Call – Turkiye, Syria impact magnified by poor construction. India must ensure building codes are followed

All governments are crony capitalists

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

Counting the Female Labour Force Participation Rate accurately

Source– The post is based on the article “Counting the Female Labour Force Participation Rate accurately” published in The Indian Express on 8th February 2023. Syllabus: GS3- Indian economy and employment Relevance– Measurement of statistics related to employment News– Economic Survey tries to address a longstanding policy problem by developing a better method to count… Continue reading Counting the Female Labour Force Participation Rate accurately

The role of labour unions in emerging sectors

Source– The post is based on the article “The role of labour unions in emerging sectors” published in The Hindu on 8th February 2023. Syllabus: GS3- Indian economy and employment Relevance– Labour rights News-There have been many reports of layoffs in the last few months, especially in emerging sectors. In 2022, startups including Byju’s announced… Continue reading The role of labour unions in emerging sectors

A Nordic-India connect to power a green transition

Source– The post is based on the article “A Nordic-India connect to power a green transition” published in The Hindu on 8th February 2023. Syllabus: GS3- Bilateral, Regional groupings and agreement affecting India interests Relevance– Relations between India and Nordic countries News– Trade Ministers of Norway and Finland are currently visiting India together. What is… Continue reading A Nordic-India connect to power a green transition

Microfinance: Status, Benefits, Challenges and Solutions – Explained, pointwise

For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the meaning of Microfinance?2.1 Components of Microfinance2.2 Types of Microfinance Institutions in India2.3 Status of Microfinance3 What are the benefits of Microfinance?4 What are the challenges associated with Microfinance?5 What steps have been taken to promote Microfinance in India?6 What more can be done?7 Conclusion Introduction The… Continue reading Microfinance: Status, Benefits, Challenges and Solutions – Explained, pointwise

India must reduce its public debt ratio to build economic resilience

Source– The post is based on the article “India must reduce its public debt ratio to build economic resilience” published in the mint on 8th February 2023. Syllabus: GS3- Government budgeting Relevance– Issues related to public debt and government borrowing News– The new budget has a credible plan to reduce the fiscal deficit as a… Continue reading India must reduce its public debt ratio to build economic resilience

U.S. shot down a Chinese ‘spy’ balloon

Source: This post is created based on the article “U.S. shot down a Chinese ‘spy’ balloon”, published in The Hindu on 8th Feb 2023. Syllabus Topic: GS Paper 3 – Science and Technology – Defence Technologies Read more- Advantages of Spy balloons over spy satellites On Jan 28, defence and military officials confirmed that a… Continue reading U.S. shot down a Chinese ‘spy’ balloon

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

Private sector has not responded to government initiatives so far

Source– The post is based on the article “Private sector has not responded to government initiatives so far” published in The Indian Express on 8th February 2023. Syllabus: GS3- Indian economy Relevance– Changing structure of economy News– Despite record profits of the larger firms and the increase in capital spending by the public sector, a… Continue reading Private sector has not responded to government initiatives so far

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