Economy

Indian Defence Exports

3rd April – Indian Defence Exports

Still no bullseye, in volume and value The emergence of evidence of a rise in Indian defence exports, also accompanied by a decline in imports, is a welcome development though the reasons for both are not identical. Details – Based on the latest estimates released by the Stockholm International Peace Research Institute (SIPRI) in the …

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Pradhan Mantri Garib Kalyan Yojana

2nd April – Pradhan Mantri Garib Kalyan Yojana

Pradhan Mantri Garib Kalyan Yojana The Union government has announced a staggering ₹1.7 trillion package under the Pradhan Mantri Garib Kalyan Yojana to mitigate the brunt of the 21-day lockdown on 800 million people. It has in the process prioritised its economic strategy to be one about protecting the most vulnerable. Significance – By sheer …

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SAMRUDHI

20th March – SAMRUDHI

SAMRUDHI – Odisha’s agricultural policy In January, the Odisha government released its Agriculture policy (SAMRUDHI), 2020, which focuses on profitability for farmers. Background – The first agriculture policy in Odisha was formulated in 1996, which conferred the status of industry to agriculture. Subsequent versions of agriculture policies were released in 2008 and 2013 with an …

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26th February – Data Localisation

Among the many important laws that were introduced in the winter session of the Lok Sabha was the Personal Data Protection (PDP) Bill, 2019. Introduction – The draft law is a comprehensive piece of legislation that seeks to give individuals greater control over how their personal data is collected, stored and used. Once passed, the …

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25th February – Demographic Dividend

India’s population is among the youngest in an ageing world. By 2022, the median age in India will be 28 years; in comparison, it will be 37 in China and the United States, 45 in western Europe, and 49 in Japan. A demographic dividend, said to have commenced around 2004-05, is available for close to …

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18th February – Railways privatisation model

Context– The Kashi Mahakal Express is the country’s third ‘corporate’ train after the two Tejas Express trains between Delhi-Lucknow and Mumbai-Ahmedabad started over the past few months. What is this model? In this model, the corporation takes all the decisions of running the service– fare, food, onboard facilities, housekeeping, complaints etc. Indian Railways is free …

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15th February – Towards a new world order

Issues in new world – Social inequalities and the grim problems of stark and continuing poverty are at the epicentre of the new world.  The latest Oxfam Report presented at Davos points out that 2,153 billionaires have more wealth than 4.6 billion people.  The emergence of billionaires and oligarchs in different parts of the world …

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6th February – Deposit Insurance in India

In News – The government, in the Union Budget tabled on Saturday, proposed to increase the insurance cover on bank deposits from Rs 1 lakh to Rs 5 lakh. In September 2019, the Reserve Bank of India (RBI) slapped curbs on Punjab and Maharashtra Cooperative Bank Ltd (PMC Bank), a leading cooperative bank headquartered in Mumbai with deposits …

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