Source: The post is based on the article “Independent boards for all agencies” published in “Business Standard” on 30th June 2023. Syllabus: GS 3 – Indian Economy: Inclusive growth and issues arising from it. News: In a recent speech, the governor of the Reserve Bank of India (RBI) highlighted the significance of independent board members… Continue reading Independent boards for all agencies
Tag: Indian Economy
Central bank credibility is key to achieving a Goldilocks economy
Source: The post is based on the article “Central bank credibility is key to achieving a Goldilocks economy” published in “Mint” on 29th June 2023. Syllabus: GS 3 – Indian Economy News: To uphold its credibility, the Reserve Bank of India (RBI) should strive to achieve its 4 percent inflation target while accurately estimating India’s real… Continue reading Central bank credibility is key to achieving a Goldilocks economy
Volatility in Tomato, Onion and Potato (TOP) prices and its implications for India – Explained, pointwise
For 7 PM Editorial Archives click HERE → Contents1 Introduction 2 What are the reasons for volatility in Tomato, Onion, and Potato (TOP) prices? 3 What are the effects of volatility in Tomato, Onion, and Potato (TOP) prices on farmers and consumers? 4 What are the initiatives taken by the government to address volatility in Tomato, Onion, and Potato… Continue reading Volatility in Tomato, Onion and Potato (TOP) prices and its implications for India – Explained, pointwise
Bad Billions’ BFF: Socialism
Source: The post is based on the article “Bad Billions’ BFF: Socialism” published in “Times of India” on 28th June 2023. Syllabus: GS 3 – Indian Economy: Inclusive growth and issues arising from it. News: An analysis on billionaire wealth across developed and developing countries reveals that socialist policies can backfire by concentrating rather than… Continue reading Bad Billions’ BFF: Socialism
Reforming Multilateral Development Banks, advocating for the Global South
Source– The post is based on the article “Reforming Multilateral Development Banks, advocating for the Global South” published in “Indian expres” on 27th June 2023. Syllabus: GS3- Economy Relevance: Multilateral Development Banks and the need to reform them News – President Joe Biden and PM Modi underscored the need to strengthen and reform the multilateral… Continue reading Reforming Multilateral Development Banks, advocating for the Global South
World’s largest grain storage plan: benefits and challenges – Explained, pointwise
For 7 PM Editorial Archives click HERE → Contents1 Introduction2 About the world’s largest grain storage plan3 What is the rationale/need for the world’s largest grain storage plan?4 What are the salient features of the grain storage plan when compares to other nations’ plans?5 What are the benefits associated with the world’s largest grain storage plan?6 What are… Continue reading World’s largest grain storage plan: benefits and challenges – Explained, pointwise
Why inflation and WPI is down, but not (all) prices
Source: The post is based on the article “Why inflation and WPI is down, but not (all) prices” published in The Indian Express on 23nd June 2023. Syllabus: GS 3 – Indian Economy – Growth & Development Relevance: About the trend of inflation News: The headline retail inflation rate reached a 25-month low in May and the… Continue reading Why inflation and WPI is down, but not (all) prices
PLI schemes are in need of a coherent trade policy
Source: The post is based on an article “Our PLI schemes are in need of a coherent trade policy” published in “Mint” on 23rd June 2023. Syllabus: GS 3 – Changes in industrial policy and their effects on industrial growth. Relevance: About the need of a trade policy to support PLI schemes. News: The debate… Continue reading PLI schemes are in need of a coherent trade policy
[Yojana June 2023 Summary] Direct Benefit Transfer (DBT) in India: A global role model – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is DBT?3 What is India Stack and how DBT in India is integrated with it?4 What are the benefits of implementing DBT in India?5 About DBT in India’s role in the G20 agenda6 How has the World reacted to DBT in India?7 What does the future hold for… Continue reading [Yojana June 2023 Summary] Direct Benefit Transfer (DBT) in India: A global role model – Explained, pointwise
An analysis of PLI (production-linked incentive) scheme – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 About the PLI Scheme3 What are the achievements of the PLI Scheme so far?4 What are the challenges faced during the implementation of the PLI Scheme?5 What are the concerns against PLI Scheme?6 What should be done to improve manufacturing? Introduction The Production-Linked Incentive (PLI) scheme, a government initiative… Continue reading An analysis of PLI (production-linked incentive) scheme – Explained, pointwise
