Source: The post is based on the article “Developing best practices – SRO for fintechs will be a first step” published in Business Standard on 11th September 2023. Syllabus: GS 3 – Indian Economy – Banking Sector Relevance: About regulating fintech News: The RBI has suggested fintech to establish a self-regulatory organization (SRO), which is a step in the… Continue reading Developing best practices – SRO for fintechs will be a first step
Tag: Indian Economy
Do subsidies and safety nets take focus away from generating jobs?
Source– The post is based on the article “Do subsidies and safety nets take focus away from generating jobs?” published in “The Hindu” on 8th September 2023. Syllabus: GS3- Inclusive growth News– With five States going to the polls at the end of the year, political parties have been announcing several promises, largely to address… Continue reading Do subsidies and safety nets take focus away from generating jobs?
Impact of RBI’s lending guidelines
Source– The post is based on the article “Impact of RBI’s lending guidelines” published in “The Hindu” on 8th September 2023. Syllabus: GS3- Indian economy and mobilisation of resources Relevance- Issues related to banking sector News– On August 18, the Reserve Bank of India issued guidelines enabling a borrower to transition from a floating interest… Continue reading Impact of RBI’s lending guidelines
How to curb government’s fiscal irresponsibility
Source: The post is based on the article “How to curb government’s fiscal irresponsibility” published in “The Indian express” on 8th September 2023. Syllabus: GS3- Economy- Fiscal policy News: The article discusses how India’s Fiscal Responsibility Law (FRBM Act, 2003) aimed to control government borrowing has been regularly bypassed. Due to a provision in the… Continue reading How to curb government’s fiscal irresponsibility
GDP: It All Comes Down To Demand
Source: The post is based on the article “GDP: It All Comes Down To Demand– Growth is being driven by booming public investment. Private firms are still unsure. For them to invest, consumption needs to grow faster” published in “The Times of India” on 7th September 2023. Syllabus: GS3- Economy- Indian economy News: The article… Continue reading GDP: It All Comes Down To Demand
How unemployment is measured?
Source: The post is based on the article “How unemployment is measured” published in “The Hindu” on 7th September 2023. Syllabus: GS3- Economy – employment News: The article talks about challenges and methods for measuring unemployment in India. It points out differences with developed countries due to India’s informal economy. It also mentions that varying… Continue reading How unemployment is measured?
Use financial inclusion to reduce inequality and speed up growth
Source– The post is based on the article “Use financial inclusion to reduce inequality and speed up growth” published in the “Live Mint” on 6th September 2023. Syllabus: GS3 – Indian Economy – Inclusive growth News– The article expalain the contribution of B20 grouping for promoting financial inclusion and challenges in prompting financial inclusion. What… Continue reading Use financial inclusion to reduce inequality and speed up growth
RBI’s e-rupee could use UPI for a reformist leap
Source– The post is based on the article “RBI’s e-rupee could use UPI for a reformist leap” published in the “mint” on 6th September 2023. Syllabus: GS3 – Indian Economy – Mobilisation of resources Relevance- issues related to digitalisation of banking system News– Recently, State Bank of India has integrated UPI with e-rupee wallets designed… Continue reading RBI’s e-rupee could use UPI for a reformist leap
The tax base is growing – government shouldn’t waste the opportunity
Source: The post is based on the article “The tax base is growing – government shouldn’t waste the opportunity” published in “The Indian express” on 6th September 2023. Syllabus: GS3- Indian economy- Mobilization of resources News: The author discusses the growth in India’s tax base, with more individuals and companies paying taxes, even during slow… Continue reading The tax base is growing – government shouldn’t waste the opportunity
Rethinking growth – Economic growth policies
Source– The post is based on the article “Rethinking growth” published in the “Business Standard” on 5th September 2023. Syllabus: GS3 – Indian Economy Relevance- Issues related to growth and development News– The article explains the issues with the current paradigm of economic policymaking. Why should economic growth not be the central focus of economic… Continue reading Rethinking growth – Economic growth policies
