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
Tag: gs paper 3
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
Signs of a weakening public sector
Source: The post is based on the article “Signs of a weakening public sector” published in the Business Standard on 8th February 2023. Syllabus: GS 3 – Government Budgeting. Relevance: About fiscal relations between the Centre and states and PSUs. News: The Budget reveals the nature of the Centre’s financial engagement with public sector undertakings… Continue reading Signs of a weakening public sector
Make In IndAIa – As Google comes up with a ChatGPT rival & AI becomes ubiquitous, here’s what GoI must do
Source: The post is based on the article “Make In IndAIa – As Google comes up with a ChatGPT rival & AI becomes ubiquitous, here’s what GoI must do” published in The Times of India on 8th February 2023. Syllabus: GS 3 – Awareness in the fields of IT. Relevance: About AI research. News: Recently,… Continue reading Make In IndAIa – As Google comes up with a ChatGPT rival & AI becomes ubiquitous, here’s what GoI must do
Hydroelectric Projects in India: Status, Benefits and Concerns – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the status of hydroelectric projects in India?3 What are the benefits of hydroelectric projects?4 What are the concerns associated with hydropower projects?5 What are the benefits of Small Hydroelectric Projects ?6 What should be the approach going forward? Introduction The Joshimath crisis in Uttarakhand has led to… Continue reading Hydroelectric Projects in India: Status, Benefits and Concerns – Explained, pointwise
Jammu, village defence and governance
Source– The post is based on the article “Jammu, village defence and governance” published in The Hindu on 7th February 2023. Syllabus: GS3- Security Relevance– Security situation in Jammu and Kashmir News– There is a rise in terror-related strikes in the relatively peaceful Jammu division, especially in the border districts. Recently, the government decided to… Continue reading Jammu, village defence and governance
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?

