Context:- According to Pew Research Report:- India’s middle class may have shrunk by a third. Situation may actually be worse than estimated because of worsening inequalities. Other organizations...
➢ If the expenditure of the government exceeds its income, the government is said to have incurred a fiscal deficit. This deficit financing has to be done either by borrowing...
Issue:- a recent study 80% of women in Haryana who want to work cannot find a job. Why No Jobs in poor states, jobless growth, skill starvation. Widening the...
Foreign direct investment (FDI) is more than 10% shareholding by a foreign entity in a single Indian company. Corona-2020: Chinese FDI required approval by Indian govt, so as to...
(The Hindu) Context: Recently, NITI Aayog and the Department of Economic Affairs formulated a workshop on asset monetization on a national level. The workshop was headed by Finance Minister Smt. Nirmala...
Context:- Auction of 5G spectrum, where 3 companies have participated. Auction revenue has surpassed the government estimate. What is 5G 5G TECHNOLOGY 5G is the next generation cellular technology that will...
Issue:- Foreign companies like vodafone and cairn energy from U.K. went against indian government in permanent court of arbitration. Major issues was tax avoidance What is tax avoidance ...
(PIB) Context: Prime Minister inaugurated the 2nd Maritime India Summit which occurred in a virtual mode on March 2, 2021. This was done by the Ministry of Ports, Shipping, and waterways...
(The Hindu) Context: The World Trade Organisation (WTO) is under an immense burden to consider India’s proposal of Trade-Related Aspects of Intellectual Property Rights (TRIPS) waiver on Covid-19 vaccines. Many European...
State Bank of Sikkim: Now Under RBI Purview (Business Standard) Context: Recently, the Reserve Bank of India has brought the State Bank of Sikkim under its regulating umbrella. The bank enjoyed a...
