Source: The post is based on the article “Back to the new-old: West wind, East wind, or the warnings of a storm?” published in Business Standard on 15th July 2023. Syllabus: GS 3 – Growth & Development, Industrial Policy Relevance: concerns associated with protectionist measures adopted by countries against China. News: India implemented economic reforms in 1991.… Continue reading Back to the new-old: West wind, East wind, or the warnings of a storm?
Tag: Indian Economy
Protect rural incomes to tackle the current food security threat
Source: The post is based on the article “Protect rural incomes to tackle the current food security threat” published in Live Mint on 14th July 2023. Syllabus: GS 3 – Agriculture – Issues of Buffer Stocks & Food Security Relevance: concerns with rising food inflation News: Recently, the National Statistical Office has released the retail inflation data. Contents1… Continue reading Protect rural incomes to tackle the current food security threat
Waiting For Another Gamble – on taxing gambling industry
Source- The post is based on the article “Waiting For Another Gamble” published in “The Times of India” on 14th July 2023. Syllabus: GS3- Indian Economy – Mobilisation of Resources Relevance- Taxation issues related to gaming industry News- The government has proposed a tax rate of 28% on gaming industry. What is the policy approach… Continue reading Waiting For Another Gamble – on taxing gambling industry
How the CPI basket conceals the inflation picture
Source: The post is based on an article “How the CPI basket conceals the inflation picture” published in The Hindu on 13th July 2023. Syllabus: GS 3 – Growth & Development, Monetary Policy Relevance: concerns associated with the calculation of CPI News The article discusses the issues present in calculating the Consumer Price Index (CPI). What are… Continue reading How the CPI basket conceals the inflation picture
The China traps
Source– The post is based on the article “The China traps” published in the “Business Standard” on 13th July 2023. Syllabus: GS3- Economy Relevance: Chinese growth story and lessons for India News- There is some disconnect between how China’s position as an economic power is portrayed and its actual trajectory. What is the current economic… Continue reading The China traps
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
