Source: The post is based on the article “Who can dethrone the US dollar?” published in Business Standard on 10th July 2023. Syllabus: GS 3 – Indian Economy – Growth & Development Relevance: concerns associated with adopting alternatives payments system against dollars. News: Countries around the world are taking measures for dedollarization and coming up with alternative… Continue reading Who can dethrone the US dollar?
Tag: Indian Economy
Open Market Sale Scheme: Significance and recent changes
For 7 PM Editorial Archives click HERE → Contents1 Introduction2 What is OMSS and what are the objectives? 3 What are the advantages of OMSS? 4 What are the changes made to the OMSS? 5 What are the reasons for the changes? 6 What are the critical arguments against the government’s actions? 7 What should be done? Introduction The Open Market Sale… Continue reading Open Market Sale Scheme: Significance and recent changes
Internationalisation of Indian currency: The rupee challenge
Source: The post is based on an article “Internationalisation of Indian currency: The rupee challenge” published in The Indian Express on 8th July 2023. Syllabus: GS 3 – Indian Economy – Monetary Policy, Growth & Development Relevance: About the benefits and challenges associated with Internationalization of rupee. News: Reserve Bank of India’s (RBI) Inter-Departmental Group (IDG) has… Continue reading Internationalisation of Indian currency: The rupee challenge
Limits of expansion – on Open Market Sale Scheme (OMSS)
Source: The post is based on the article “Limits of expansion” published in “The Hindu ” on 7th July 2023. Syllabus: GS 2- Government policies and intervention & GS 3 – issue related to poverty and hunger News: The National Conference of Food Ministers failed to resolve the issue of the discontinuance of rice and… Continue reading Limits of expansion – on Open Market Sale Scheme (OMSS)
Our national surveys are based on faulty sampling
Source: The post is based on the article “Our national surveys are based on faulty sampling” published in “Indian Express” on 7th July 2023. Syllabus: GS 2 – Government policies and interventions for various sectors News: The article discusses the importance of data quality in surveys that inform policy decisions in India. Policymakers in India… Continue reading Our national surveys are based on faulty sampling
Internationalisation of the rupee: Explained, pointwise
For 7 PM Editorial Archives click HERE → Contents1 Introduction2 What is currency internationalisation? 3 What is the rationale for internationalisation of the rupee? 4 What are the recommendations of RBI panel? 5 What are the benefits? 6 What are the macroeconomic risks? 7 What are the challenges? 8 What are the initiatives taken? 9 What should be the future course of action? Introduction… Continue reading Internationalisation of the rupee: Explained, pointwise
A macro view of the fiscal health of States
Source: The post is based on the article “A macro view of the fiscal health of States” published in “The Hindu” on 5th July 2023. Syllabus: GS 3 – Government Budgeting News: The article discusses the fiscal operations of the Indian states and highlights the importance of understanding state finances to improve country’s fiscal situation.… Continue reading A macro view of the fiscal health of States
What explains the resilience of Indian manufacturing?
Source: The post is based on the article “What explains the resilience of Indian manufacturing?” published in Live Mint on 5th July 2023. Syllabus: GS 3 – Indian Economy – Growth & Development, Industrial Policy Relevance: About the improving manufacturing sector in India News: The Manufacturing Purchasing Managers’ Index (PMI) shows India as the only large economy whose factory… Continue reading What explains the resilience of Indian manufacturing?
Next steps for GST – Administrative and policy interventions needed
Source: The post is based on an article “Next steps for GST – Administrative and policy interventions needed” published in Business Standard on 5th July 2023. Syllabus: GS 3 – Indian Economy – Fiscal Policy, Growth and Development Relevance: concerns present with the GST system and measures needed to address them News: After six years of implementation, the… Continue reading Next steps for GST – Administrative and policy interventions needed
Governance issues at Indian Startups: causes and impacts – Explained, pointwise
For 7 PM Editorial Archives click HERE → Contents1 Introduction2 What is a startup?3 What is corporate governance?4 Why is corporate governance important for startups? 5 Why Indian startups are facing governance issues? 6 How will governance issues impact the startup ecosystem in India? 7 What should be done to address governance issues at Indian startups? Introduction India became the third-largest… Continue reading Governance issues at Indian Startups: causes and impacts – Explained, pointwise
