Category: Economy
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ECONOMIC SURVEY 2016-17 is out! Download Here.
Economic Survey for 2016-17 is out. Economic Survey 2016–17 reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term. This document is presented to both houses…
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Press conference by Chief Economic Adviser Dr. Arvind Subramanian
Dear Aspirants, Finance Minister Arun Jaitley has already tabled the Economic Survey in Parliament. Read the text of President’s speech Here Watch Live Webcast at 1:00 PM today here
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Challenges and Solution : Pulses production in India
Introduction Pulses occupy a unique place in India’s nutritional food security as they are a major source of proteins. India is the largest producer, consumer and importer of pulses. However, there is a gap between potential and actual yield of pulses in India. The slow growth in pulses production is due to low growth in…
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Union Budget 2016 – 17: Excerpts and Analysis
Hi Folks, As promised we have brought out the excerpts and analysis on Union Budget 2016 – 17. The article contains the factsheet of changes brought about in Union Budget 2016 – 17 as well as the new promises made by the Government of India. We have let go almost 40 articles in 9 PM brief in the…
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Solar Panel Dispute: India and WTO
Brief Background: India has come up with regulations that prefer domestic manufacturers of solar modules over foreign manufacturers. USA, a major manufacturer of solar panels says that it violates WTO norms of “National Treatment” Encouraging Renewable Energy This issue has its origin in India’s National Solar Mission – one of the eight missions under National…
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Gold Schemes in India – Explained
Background In 2015 , the Indian Government came up with three new gold schemes. The combined purposes of these schemes are to reduce India’s gold imports and to inject all the idle gold from Indian homes into the Indian economy. Introduction India is among the top three largest importers of Gold in the world. Gold is one…
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Payments Banks – concept demystified
Imagine, you have a mobile connection from Docomo. One fine day, you are told it’ll serve you as a bank. Cool , haina? Precisely this is what RBI is vying for. To get more people into the net of banking system, it came up with the idea of Payment Banks. So what exactly are they,…
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Falling oil prices – effect on India , demystified pointwise
Oil prices have been falling for a while, and they are likely to remain low. The conventional thinking is that a fall in oil prices will benefit India tremendously. A major reason for the same is that India imports nearly four fifths of the oil that it consumes. Will India only benefit or is there a…
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All that you need to know about KISAN VIKAS PATRA
Finance Minister resurrected the Kisan Vikas Patra to boost small savings and increase savings rate. You need to know about the scheme well. Goes without saying, it is very important for Pre, Mains and Interview. What is KISAN VIKAS PATRA? Kisan Vikas Patra (KVP) is a savings certificate or a savings instrument. It is a…
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Net Metering and its advantages
All those appearing for Mains: You can mention about this concept and its advantages if a question figures on Renewable Energy, how to make it cost effective etc. Let me explain the simple concept behind net metering. DO CHECK out the images for better clarity. Read on.. You have a solar panel on your roof.…