Source: This post is created based on the article “Turning the clock back” published in Business Standard on 26th April 2023. Syllabus Topic: GS Paper 3- Indian Economy, Liberalisation Context: In the recent times, government has tightened the restrictions on how Indians can remit money overseas. Post-1991 reforms, Liberalised Remittance Scheme, or LRS was introduced.… Continue reading Turning the clock back – on Liberalised Remittance Scheme
Tag: gs paper 3
Get real with targets – on foreign trade policy
Source: The post is based on the article “Get real with targets” published in Business Standard on 26th April 2023. Syllabus: GS 3 – Economy – Industrial Policy Relevance: concerns associated with the foreign trade policy 2023. News: The government announced a new foreign trade policy last month. What are the concerns with the new foreign trade… Continue reading Get real with targets – on foreign trade policy
Welcome to the brain economy: Technology will change the way we look at labour, capital and skills
Source- The post is based on the article “Welcome to the brain economy: Technology will change the way we look at labour, capital and skills” published in “The Indian Express” on 26th April 2023. Syllabus: GS3- Employment Relevance– Changing nature of employment News– The article explains the emergence of brain economy and its impact. How… Continue reading Welcome to the brain economy: Technology will change the way we look at labour, capital and skills
On the Code on Social Security for platform-based gig workers
Source– The post is based on the article “On the Code on Social Security for platform-based gig workers” published in “The Hindu” on 26th April 2023. Syllabus: GS3- Employment Relevance: Issues related to gig economy workers News- The Ashok Gehlot led Rajasthan government has recently announced the Rajasthan Platform-based Gig Workers (Registration and Welfare) Bill,… Continue reading On the Code on Social Security for platform-based gig workers
Plastic ban failure – Managing plastic waste needs a multi-pronged strategy
Source: The post is based on the article “Plastic ban failure – Managing plastic waste needs a multi-pronged strategy” published in The Hindu on 26th April 2023. Syllabus: GS – 3: Environment and Bio-diversity Conservation Relevance: About Plastic ban failure. News: Even nearly 10 months after the ban on single-use plastic products, their use is still rampant… Continue reading Plastic ban failure – Managing plastic waste needs a multi-pronged strategy
The right to litigate – Use of legal remedies to limit nature’s exploitation is at the core of democracy
Source: The post is based on the article “The right to litigate – Use of legal remedies to limit nature’s exploitation is at the core of democracy” published in The Hindu on 26th April 2023. Syllabus: GS – 3: Environment and Bio-diversity Conservation Relevance: About coal-fired plants. News: The Central Bureau of Investigation (CBI) has recently registered… Continue reading The right to litigate – Use of legal remedies to limit nature’s exploitation is at the core of democracy
Next step for the infotech boom
Source- The post is based on the article “Next step for the infotech boom” published in the “Business Standard” on 25th April 2023. Syllabus: GS 3 – Indian Economy News– The article explains the growth of infotech industry in India What are major reflections from the present status of the infotech industry in India? The… Continue reading Next step for the infotech boom
De-dollarisation of trade: Opportunities and challenges – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The global dominance of the US dollar in international trade and finance has long been a topic of discussion among policymakers and economists. In recent years, there has been a growing trend towards “De-dollarisation of global trade”, where countries seek to reduce their dependence on the US dollar in international… Continue reading De-dollarisation of trade: Opportunities and challenges – Explained, pointwise
Why Dollar’s Losing Its Shine
Source: The post is based on the article “Why Dollar’s Losing Its Shine” published in The Times of India on 25th April 2023. Syllabus: GS 3 – Economy – Money and Banking Relevance: measures taken adopt alternatives to dollar dominance News: Countries around the world are looking for an alternative to the weakening US dollar. What are… Continue reading Why Dollar’s Losing Its Shine
Why urea rules India’s farms
Source: The post is based on the article “Why urea rules India’s farms” published in The Indian Express on 25th April 2023. Syllabus: GS 3 – Agriculture inputs Relevance: concerns associated with the use of urea. News: The efforts of the government such as launching Nano Urea and coating all indigenously manufactured and imported urea with neem… Continue reading Why urea rules India’s farms
