All posts by category: GS Paper III
Sovereign gold bond scheme
Sovereign gold bond is a scheme designed to reduce the import of physical gold and thereby reducing India’s current account deficit[CAD]. Under the scheme citizens can hold paper gold. How does the Sovereign gold bond work? Similar to bank deposits, instead of cash, gold is held by people under this scheme. When gold bond is […]
Gist of NITI AAYOG – Draft 3 year ACTION AGENDA- Chapter on Governance
“Transparent and efficient governance is critical to the success of every policy and programme of the government.” Topic of relevance include: Role of the Government Civil services reform Electoral reforms Corruption Federalism NGOs 1. ROLE OF THE GOVERNMENT Government to continue closure of sick CPSES & strategic disinvestment of viable PSEs, and expand investment […]
The Insolvency and Bankruptcy Code, 2016 – Explained
The insolvency and Bankruptcy Code which makes it easier to wind up operations of a company has been in the news for some time. Let’s have a look at what it is. What do you mean by insolvency and bankruptcy? Insolvency is the inability to pay the debts owned and Bankruptcy is a legal status […]
GM mustard – Dhara mustard Hybrid
The Genetic Engineering Appraisal Committee (GEAC), India’s apex regulator for genetically modified seeds, cleared GM mustard for environmental release and use in farmer fields. Here is all you want to know about GM mustard What is GM mustard or Dhara Mustard Hybrid – 11? DMH 11 is genetically modified mustard which has been developed by […]
Chapter 01- Economic Outlook and Policy Challenges – Highlights of Economic Survey 2016-17
Economic Outlook and Policy Challenges Briefly on the chapter: The Economic Survey of 2014-15 spoke about the sweet spot for the Indian economy that could launch India onto a trajectory of sustained growth of 8-10 percent. The “Sweet Spot” mentioned in 2014-15 aroused out of the following factors: A Strong Political Mandate the Modi government […]
Chapter 02 – The Economic Vision for Precocious, Cleavaged India – Highlights of Economic Survey 2016-17
The Chapter 02 of Economic Survey 2016-17 briefly discusses the growth performance of the nation over decades, focuses up on serious challenges that impede further rapid progress and concludes by providing a possible explanation to these challenges. Important points to remember in chapter 2 of economic survey 2016-17 for Civil Services Examination Economic Survey 2016-17 […]
Chapter 03 – Demonetization: To Deify or Demonize?- Highlights of Economic Survey 2016-17
Demonetization: To Deify or Demonize? Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from the Chapter 3 of Economic Survey 2016-17. The most anticipated chapter for many in the Economic Survey had to be regarding Demonetization. Chapter 3 mentions […]
Chapter 04 – The Festering Twin Balance Sheet Problem – Highlights of Economic Survey 2016-17
The Festering Twin Balance Sheet Problem Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from the Chapter 4 of Economic Survey 2016-17. Chapter 4 of the Economic survey 2016-17 deals with the banking system, its vulnerabilities, ability to adapt […]
Chapter-05 – Fiscal Framework: The World is Changing, Should India Change Too? – Highlights
Fiscal Framework: The World is Changing, Should India Change Too? The Economic Survey 2016-17 is tabled in the parliament to mark the beginning of budget session. Here are the major highlights from the Chapter 5 of Economic Survey 2016-17. Economic survey analyses the Fiscal Responsibility & Budgetary Management Act (FRBMA) in the light of increasing […]
Chapter 06 – Fiscal Rules: Lessons from the States – Highlights of Economic Survey 2016-17
Fiscal Rules: Lessons from the States The Economic Survey 2016-17 is tabled in the parliament to mark the beginning of budget session. Here are the major highlights from the Chapter 6 of Economic Survey 2016-17. The Economic Survey 2016-17 talks about fiscal lessons from the states. Fiscal challenges are mounting because of the Pay Commission […]