Tag: gs paper 3

Contents1 News2 What are the issues associated with State Funding?3 What are the structural issues in the Budget?4 How did the Tamil Nadu government addressed the structural issues?5 What is the outcome of TN government initiatives? News Structural limitations of the polity in India has led to a phrase that the government is spending a… Continue reading Ensuring that policy outcome matches the intent

News Recently the Finance Ministry has issued a fresh set of norms to guide state-owned banks in adopting a uniform staff accountability framework for non-performing assets (NPAs) up to Rs 50 crore. Must read: PSBs to introduce common staff accountability guidelines for NPAs What are the reasons for the introduction of accountability guidelines for PSBs?… Continue reading Explained: When can PSU bank staff be probed for NPAs?

News: World leaders promised to protect Earth’s forests, cut methane emissions and help South Africa halt itself off coal at the U.N. climate summit. Contents1 What is Global methane Pledge?2 Why it is needed?3 What commitments were made to reverse deforestation and land degradation?4 What commitments were made to support South Africa towards renewable energy… Continue reading Leaders vow to protect forests, plug methane leaks at COP26

Synopsis: India’s water crisis will increase in future, so the government, people, and all should come together to solve the issue. Introduction Recently, the draft National Water Policy has been submitted by the Mihir Shah committee. What are the reasons behind the water crisis in India? Lack of sustainable urban planning: Many cities in India… Continue reading Finding a way out of India’s deepening water stress

Synopsis: Access to formal credit to MSMEs can be provided by linking the GST system and TReDS platform. Contents1 Introduction2 Why India should link the GST system and TReDS platform?3 How to link GST System and TReDS platform?4 What are the benefits of linking the GST system and TReDS Platform? Introduction Access to formal credit… Continue reading Digitization could ease MSMEs’ access to supply-chain finance

Synopsis: Targeted support should be ensured to ensure desired growth of the sectors. Introduction Recent economic data shows that the Indian economy is bouncing back and is likely to exceed the pre-pandemic levels. RBI’s October Bulletin also indicated a GDP growth of 9.6% in the July-September quarter. But still, there are some sectors that are lacking… Continue reading Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns

Synopsis: Reasons for the increase in Centre’s gross tax revenues during April-September 2021. Introduction The Centre’s gross tax revenues have grown 64.2% year-on-year during April-September. This has resulted in a reduced fiscal deficit for the first half of 2021-22 that is, just 35% of the budget estimate for the whole year. According to the Swiss… Continue reading Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable

Synopsis: An analysis of urban India’s need for sustainable mobility suggests that we must rely heavily on clean public transit systems. Contents1 Introduction2 Why slow transition towards zero-emission vehicles looks difficult for India?3 What are ‘transit cities’ & How India can develop transit cities?4 What are the challenges in designing a transport system? Introduction Road… Continue reading A good synthesis of climate and transport economics would help

Synopsis: Unless the world addresses the distributional and inequality-causing impact of highly carbon-intensive economic models, our job towards limiting temperature rise to 1.5°Celsius will remain unfinished Contents1 Introduction2 How much subsidies does India spend on fossil fuels?3 How much carbon space is available as of now?4 What is the way forward? Introduction With increased carbon… Continue reading Decarbonization mustn’t overlook the rich-poor divide