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

Internationalisation of the rupee: Explained, pointwise

For 7 PM Editorial Archives click HERE → Contents1 Introduction2 What is currency internationalisation?  3 What is the rationale for internationalisation of the rupee? 4 What are the recommendations of RBI panel? 5 What are the benefits? 6 What are the macroeconomic risks? 7 What are the challenges? 8 What are the initiatives taken? 9 What should be the future course of action?  Introduction… Continue reading Internationalisation of the rupee: Explained, pointwise

A macro view of the fiscal health of States

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

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