TOPIC: GS PAPER-3 ; INDIAN ECONOMY Jobless growth is defined as a phenomenon where the economy of a country grows but its unemployment rate remains stubbornly high. India has been witnessing this paradoxical pattern of economic growth where the economy… Read More »JOBLESS GROWTH
Why in News: After its latest review, the Financial Action Task Force (FATF) has decided to keep Pakistan on its ‘grey’, list. Financial Action Task Force (FATF) The Financial Action Task Force is an intergovernmental organization founded in 1989 on the initiative… Read More »FINANCIAL ACTION TASK FORCE (FATF)
TOPIC- GS PAPER-3 ; INDIAN ECONOMY Why in News: Given India’s population density and modest health infrastructure, the government had no option but to order a complete lockdown when corona virus reached India’s shores. As the country stayed indoors, the economy… Read More »OPPORTUNITY IN CRISIS
Topic: GS PAPER-3; INDIAN ECONOMY BACKGROUND: Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. The Indian MSME sector is the backbone of the national economic structure and… Read More »FUTURE OF MSME (MICRO SMALL AND MEDIUM ENTERPRISES) IN INDIA
TOPIC- GS PAPER-3 ; INDIAN ECONOMY; Issue related to direct and indirect farm subsidies and minimum support prices What is MSP? Minimum Support Price is the price at which government purchases crops from the farmers, whatever may be the price for… Read More »Minimum Support Price (MSP)
TOPIC:GS PAPER-3;INDIAN ECONOMY (GOVERNMENT BUDGETING,FISCAL POLICY) Why in News: The Centre has agreed to the demand from states to allow them to borrow more funds to meet spending needs, amid a fall in revenue collection but made a large part… Read More »STATES BORROWING AND FRBM ACT
Why in News: The Indian Banks’ Association has pitched the idea of creating a ‘bad bank’ to help lighten the load of stressed assets on the books of Indian lenders. Bad Bank • Technically, a bad bank is an Asset… Read More »BAD BANKS
