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
Tag: Indian Economy
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 → Introduction India became the third-largest start-up ecosystem in the world after the US and China last year. Further, for the second time in a row, India topped China by creating 23 unicorns in 2022. At present, India, has more than 99,000 start-ups. However, the corporate governance issues faced by Byju’s… Continue reading Governance issues at Indian Startups: causes and impacts – Explained, pointwise
Greedflation and its counter arguments: how consumers ultimately decide prices
Source: This article has been framed based on India Express article “Clearing the water”, published on 4th July. Syllabus Topic: GS Paper 3 – Indian Economy – Pricing and Inflation News: The article discusses the concept of “greedflation,” which refers to price inflation caused by corporate greed for high profits. The US is facing the… Continue reading Greedflation and its counter arguments: how consumers ultimately decide prices
A rising tide – Govt should revive disinvestment
Source: The post is based on the article “A rising tide – Govt should revive disinvestment” published in Business Standard on 4th July 2023. Syllabus: GS 3 – Indian Economy – Capital Market Relevance: About the rising stock market indices and its implications for India News: In the past few days, the stock market indices have reached… Continue reading A rising tide – Govt should revive disinvestment
Competition notice in aviation
Source: The post is based on the article “Competition notice in aviation” published in “Business Standard” on 3rd July 2023. Syllabus: GS 3 – Liberalization of Indian Industry News: The Competition Commission of India (CCI) has raised concerns over the proposed merger of Air India, which was acquired by Tata Group in 2022, and Vistara,… Continue reading Competition notice in aviation
What the Indian economy needs to complete with China
Source: The post is based on the article “What the Indian economy needs to complete with China” published in The Indian Express on 3rd July 2023. Syllabus: GS 3 – Indian Economy – Growth & Development Relevance: A comparison of India’s and China’s growth rates. News: The India of today in some ways is similar to China… Continue reading What the Indian economy needs to complete with China
Reality check for startups
Source: The post is based on the article “Reality check for startups” published in “Business Standard” on 1st July 2023. Syllabus: GS 3 – Indian Economy News: Byju’s is facing numerous challenges and has become a negative symbol for the country’s once-thriving startup sector. India’s start-up sector consists of over 80,000 registered entities. Out of… Continue reading Reality check for startups
Why states are falling short on capital spending
Source– The post is based on the article “Why states are falling short on capital spending” published in the “The Hindu” on 30th June 2023. Syllabus: GS3- Government budgeting Relevance- Issues related to government finances News- Today, Indian states are at the forefront when it comes to capital expenditure. Aware of this, the Centre has… Continue reading Why states are falling short on capital spending
