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
Tag: gs paper 3
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
The Union budget ticks all the right boxes for India Inc
Source: The post is based on the following articles “The Union budget ticks all the right boxes for India Inc” published in the Livemint on 3rd February 2023. “Express View on Budget 2023: Adding it up” published in the Indian Express on 3rd February 2023. Syllabus: GS 3 – Government Budgeting. Relevance: Budget 2023-24 is… Continue reading The Union budget ticks all the right boxes for India Inc
New income tax regime: A nudge on income tax mustn’t become a shove
Source: The post is based on the article “A nudge on income tax mustn’t become a shove” published in the Livemint on 3rd February 2023. Syllabus: GS 3 – Government Budgeting. Relevance: About the new income tax regime. News: In the Budget 2023-24, the government introduced a new income tax regime. About the new tax regime… Continue reading New income tax regime: A nudge on income tax mustn’t become a shove
Union Budget 2023-24: Key Highlights – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the vision of the Union Budget 2023-24?3 What are the Priorities of the Union Budget 2023-24?4 What is the break-up of Government’s Revenue and Expenditure?5 What is the core strategy adopted by the Union Budget 2023-24?6 What are the major highlights of UnionBudget 2023-24?7 What are the… Continue reading Union Budget 2023-24: Key Highlights – Explained, pointwise
The social sector has been short-changed once again
Source– The post is based on the article “The social sector has been short-changed once again” published in The Hindu on 1st February 2023. Syllabus: GS3- Mobilisation of resources Relevance– Fiscal policy News– The article explains the focus of the budget. It talks about the allocation for welfare programmes of the government. It also explains… Continue reading The social sector has been short-changed once again
Budget 2023 pulls off an artful balance
Source: The post is based on an article “Budget 2023 pulls off an artful balance” published in The Indian Express on 2nd February 2023. Syllabus: GS 3 – Indian Economy Relevance: Budget 2023-24 News: The article discusses the concerns that the domestic economy was facing and the way this year’s budget addresses those. What are the domestic… Continue reading Budget 2023 pulls off an artful balance
Tiresome rules out, trust-based model in
Source: This post is created based on the article “Tiresome rules out, trust-based model in”, published in Live mint on 2nd Feb 2023. Syllabus Topic: GS Paper 3, changes in industrial policy and their effects on industrial growth News: In her budget speech, Finance Minister (FM) Nirmala Sitharaman emphasized on trust-based governance. To enhance ease… Continue reading Tiresome rules out, trust-based model in
Economic Survey 2022-23: Key Highlights – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Key Highlights of the Economic Survey 2022-233 Other details mentioned in the Economic Survey 2022-234 Six challenges faced by the Global Economy Introduction The Economic Survey 2022-23 was tabled in the Parliament by the Union Finance Minister on January 31, 2023. The document has been prepared by the Economic… Continue reading Economic Survey 2022-23: Key Highlights – Explained, pointwise
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
