Economy

Steel Import Monitoring System 2.0 Portal

Steel Import Monitoring System 2.0 Portal

Context: The Union Minister of Steel and Heavy Industries, recently unveiled the upgraded Steel Import Monitoring System (SIMS) 2.0.  This...

White Category Industries 

Context:  Industries classified as “white category industries” may be exempt from prior approvals from state pollution control boards under Air...

Digital Postal Index Number (DIGIPIN)  System

Context: Recently, the Department of Post released a beta version of the DIGIPIN (Digital Postal Index Number) system, developed in...

India’s Installed Nuclear Power Capacity

Context: India’s installed Nuclear Power Capacity to Triple by 2031-32. “The present installed nuclear power capacity is set to increase...

State’s  Right to Levy Tax on Mineral Rights

Context: The Supreme Court, in a decision by a 9-judge constitution bench with an 8:1 majority, ruled that states have...

Payment Aggregator-Cross Border (PA-CB)

Context: Cashfree Payments, a (Non-Bank) company specialising in banking solutions and payments, received the Reserve Bank of India’s (RBI) approval...

World Bank Group Guarantee Platform

Context: The World Bank Group has launched a new guarantee platform to enhance private sector financing for development, aiming to...

India’s Declining Garment Export Performance

Context: According to a report by the Global Trade Research Initiative (GTRI), garment exports declined to $14.5 billion in the...

Rise of Indian Patent Applications

Context: In FY24, domestic patent applications surpassed foreign ones for the first time, driven by growth in chemicals, pharma, computer...

Local Job Quotas in the Private Sector

Context: The Karnataka State Employment of Local Candidates in the Industries, Factories, and Other Establishments Bill, 2024, which seeks to...

Financial Literacy: Empowering Women for a Secure Future

Context: World Economic Forum’s Longevity Economy Principles report shows that inclusive financial ecosystems promote individual decision-making freedom, and empowering women...

Navigating Economic Indicators and Policy Implications

Context: The economy shows a paradox of weak consumption growth, sluggish employment, and low core inflation despite strong overall growth,...

Rise of Maize Production in India

Context: Maize production in India tripled from 11.5 million tonnes in 1999-2000 to over 35 million tonnes in 2023-24. Average...

Fourth Phase of Pradhan Mantri Gram Sadak Yojana (PMGSY)

Context: The government plans to launch the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-IV) to connect 50,000...

India’s Informal Economy

Context:Data from the Annual Survey of Unincorporated Enterprises (ASUS) shows Informal Economy which is crucial for job creation and employing...