The rise of revenue department

Source: This post has been created based on the article “The rise of revenue department”, published in Business Standard on 12th July, 2023. Syllabus topic: GS Paper 3 – Mobilization of resources and associated issues News: The recent multiple changes made by the Indian government to the Tax Collection at Source (TCS) system depicts a… Continue reading The rise of revenue department

It is unfair to blame survey methodology when results disagree with a view point

Source: The post is based on the article “It is unfair to blame survey methodology when results disagree with a view point” published in The Indian Express on 12th July 2023. Syllabus: GS 3 – Growth & Development, Planning Relevance: concerns associated with various surveys conducted in India News: In a recent article titled “The sample is… Continue reading It is unfair to blame survey methodology when results disagree with a view point

Improving Pensions

Source– The post is based on the article “Improving Pensions” published in the “Business Standard” on 11th July 2023. Syllabus: GS3-Economy Relevance: Issues related to financial system News-. The article explains the issues related to pension funds in India. What are the issues related to pension funds in India? Return on investment– The majority of… Continue reading Improving Pensions

Numbers Game – on data collection methods for surveys

Source– The post is based on the article “Numbers Game – on data collection methods for surveys” published in “The Times of India” on 10th July 2023. Syllabus: GS2- Government policies and interventions Relevance– Issues related to data collection and statistics by government News- In the last four months, three members of the PM’s economic… Continue reading Numbers Game – on data collection methods for surveys

Tomato challenge: Hoarding is not as bad as it sounds

Source– The post is based on the article “Tomato challenge: Hoarding is not as bad as it sounds” published in the “mint” on 10th July 2023. Syllabus: GS3- Economy – Pricing and inflation Relevance: Issues related to inflation News- The ministry of consumer affairs announced a ‘Tomato Grand Challenge’ with the objective to ensure the… Continue reading Tomato challenge: Hoarding is not as bad as it sounds

Who can dethrone the US dollar?

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?

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

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