Source: The post is based on the article “’The evolving process of RE” published in Business standard on 21st October 2023. Syllabus: GS3- Economy- infrastructure (Energy) News: The article discusses the growing interest in renewable energy due to fossil fuel supply concerns. Solar power is becoming cheaper, making it more popular. However, challenges like technology… Continue reading The evolving process of RE
Tag: Indian Economy
Why we need norms on government spending
Source: The post is based on the article “Why we need norms on government spending” published in “Indian express” on 20th October 2023. Syllabus: GS3- Economy- Government Budgeting. News: The article discusses the challenges democracies face in deciding where to spend public money. Governments often prioritize “freebies” for citizens to gain votes, even though these… Continue reading Why we need norms on government spending
Tax uncertainty- SC ruling will increase uncertainty in telecom
Source: The post is based on the article “’Tax uncertainty- SC ruling will increase uncertainty in telecom” published in “Business standard” on 20th October 2023. Syllabus: GS3- Economy- infrastructure (telecommunication) News: The Supreme Court ruled that telecom companies’ licence fees after July 1999 are capital expenses, not revenue expenses. What is the recent Supreme Court… Continue reading Tax uncertainty- SC ruling will increase uncertainty in telecom
Citius, Altius, Fortius’: Save it for the economy
Source: The post is based on the article “’Citius, Altius, Fortius’: Save it for the economy” published in “Live mint” on 20th October 2023. Syllabus: GS3- Economy- mobilisation of resources News: India wants to host the 2036 Olympics. Historically, rich countries hosted these games. Hosting often costs more than the benefits gained. India should focus… Continue reading Citius, Altius, Fortius’: Save it for the economy
Tackling urban poverty
Source: This post has been created based on the article “Tackling urban poverty” published in Business Standard on 19th October 2023. UPSC Syllabus Topic: GS Paper 3 Indian Economy — Indian Economy and issues relating to employment. GS Paper 2 Social Justice — Issues relating to poverty and hunger. News: This article discusses the recent findings… Continue reading Tackling urban poverty
India’s war on informal labour is turning out bad for workers
Source: The post is based on the article “India’s war on informal labour is turning out bad for workers” published in “Live mint” on 19th October 2023. Syllabus: GS3- Economy- Employment News: The article discusses India’s struggle to move its workforce from informal to formal jobs. Despite economic growth, many remain in precarious, informal positions.… Continue reading India’s war on informal labour is turning out bad for workers
Our labour survey data is far from satisfactory
Source: The post is based on the article “Our labour survey data is far from satisfactory” published in “Live mint” on 19th October 2023. Syllabus: GS3- Economy- Employment News: The article discusses India’s recent labor report. While initial data shows low unemployment, deeper analysis reveals job distress, falling wages, and higher joblessness among educated people.… Continue reading Our labour survey data is far from satisfactory
A glimmer of hope for radio
Source: The post is based on the article “A glimmer of hope for radio” published in “Business standard” on 18th October 2023. Syllabus: GS3- Economy- infrastructure (Communication network) News: The article discusses the decline of radio in India due to heavy licensing fees and digital competition. However, recent recommendations from Trai, including allowing news on… Continue reading A glimmer of hope for radio
The world economy is slowing even as India’s provides hope
Source: The post is based on the article “The world economy is slowing even as India’s provides hope” published in “Live mint” on 18th October 2023. Syllabus: GS3- Economy- economic growth News: The IMF reports a global economic slowdown, but India is growing fast. India aims to be a developed nation by 2047, needing a… Continue reading The world economy is slowing even as India’s provides hope
The e-rupee is like wine: It’ll take time to mature
Source: The post is based on the article “The e-rupee is like wine: It’ll take time to mature” published in “Live mint” on 18th October 2023. Syllabus: GS3- Economy- currency News: The article discusses the slow adoption of India’s Central Bank Digital Currency (CBDC) compared to the popular Unified Payments Interface (UPI). UPI’s ease of… Continue reading The e-rupee is like wine: It’ll take time to mature
