Economics: Point-Wise CA and GS Articles 2018 (Including PIB)

  • Apr 22, 2018
  • 1 [ Eco., ]

    The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017.

    Image of Amendments in Insolvency & Bankruptcy Board of India

    … (401 more words) …

  • Apr 20, 2018
  • 1 [ Eco., ]

    The Union Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation commissioned the container gantry cranes at Berth No. 8 (Dakshin Bharat Gateway Terminal) and inaugurated the Information Centre and Truck Parking Terminal a…

    … (413 more words) …

  • Apr 17, 2018
  • 1 [ Eco. ]

    21 banks were identified as Makers of Excellence under Atal Pension Yojna Outreach programme by Pension Fund Regulatory and Development Authority (PFRDA). Atal Pension Yojna aims to bring the economically disadvantaged section of the society in the unorganized sector within the p…

    … (463 more words) …

  • Apr 15, 2018
  • 1 [ , Eco. ]

    The Central Board of Direct Taxes (CBDT) entered into five Unilateral Advance Pricing Agreements (UAPA) and two Bilateral Advance Pricing Agreements (BAPA) during January 2018. The total number of Advance-Pricing Agreement (APAs) entered into by the CBDT is now 196.

    Image of Advance Pricing Agreement

    … (425 more words) …

  • Apr 13, 2018
  • 1 [ Eco., ]

    Ministry of State for Chemicals & Fertilizers imports urea on Government account to bridge the gap between estimated indigenous production and assessed demand in the country. The import during the year 2017 - 18 (Apr-Dec) was 49.83 Lakh MT as against the import of 49.88 Lakh MT i…

    … (358 more words) …

  • 2 [ Eco. ]

    Continuing with disinvestment the Union Cabinet approved the sale of its entire stake of 73.47 % in the 41-year-old Mini Ratna firm Dredging Corporation of India. for around Rs1, 400 - 1, 500. Government plans to raise Rs72, 500 crore through disinvestment in Central Public Secto…

    … (216 more words) …

  • Apr 10, 2018
  • 1 [ Eco. ]

    The Government of India announced the sale (re-issue) of Government of India Floating Rate Bonds 2024 for a notified amount of Rs. 3000 crore (nominal) through price based auction and 7.17 % Government Stock, 2028 for a notified amount of Rs. 8, 000 crore (nominal) through price …

    … (377 more words) …

  • Apr 9, 2018
  • 1 [ Eco. ]

    Second largest state-owned lender Punjab National Bank was the victim of the India’s largest bank fraud amounting to over Rs. 11, 000 crore done by Jeweller Nirav Modi and related entities.

    Image of Nirav modi And Fraud Case

    … (762 more words) …

  • Apr 4, 2018
  • 1  [ Eco. ]

    The Reserve Bank of India (RBI) announced overhaul of the stressed asset resolution framework by immediately withdrawing existing schemes and asking lenders to resolve defaults within 180 days.

    Image of NPA Schemes

    … (658 more words) …

  • Apr 2, 2018
  • 1 [ Eco., ]

    The Ministry of Corporate Affairs notified a new e-form called Simplified Proforma for Incorporating Company Electronically (SPICe) for providing speedy incorporation similar to international best practices.

    Image of process of register private limited company in india

    … (321 more words) …

  • Apr 1, 2018
  • 1  [ Eco., ]

    The Consumer Protection Bill, 2018 was introduced by the Minister of Consumer Affairs, Food, and Public Distribution on January 5, 2018 to replace the Consumer Protection Act, 1986. A Consumer Protection Bill was first introduced in 2015, but was withdrawn post the introduction o…

    … (456 more words) …

  • Mar 30, 2018
  • 1 [ Eco. ]

    CriSidEx, India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by ratings agency CRISIL and SIDBI (Small industries Development Bank of India) was launched.

    Image of First MSE Sentiment Index

    Image of First MSE Sentiment Index

    Image of First MSE Sentiment Index

    What

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  • Mar 28, 2018
  • 1📹  [ Eco. ]

    Industry - Several industry specific reform initiatives taken by the Government since 2014 have significantly improved the overall business environment in the country. 📹 📝 Some of the reforms are

    • implementation of the Goods and Services Tax

    • Insolvency and Bankruptcy

    • … (5409 more words) …
  • 2 [ Eco. ]

    As India is poised to grow as one of the leading knowledge economies, education, skill development and health will remain priorities for the Government. Trends in social sector expenditure - Public investment in social infrastructure like education and health is… (2899 more words) …

  • 3 [ Eco. ]

    International comparison - Services export growth, both for World and India, which had dipped to negative territory in 2015, returned to positive territory in 2016. As per the latest World Trade Organization (WTO) data for first half of 2017, services… (2493 more words) …

  • 4 [ Eco. ]

    The declining share of agriculture does not undermine the significance of the sector for employment, livelihood and food security. With structural changes in agriculture, there is greater scope to broaden the range of activities related to agriculture to improve productivity… (2672 more words) …

  • 5 [ Eco. ]

    Global economic environment: International Developments - The global economy is gathering pace and is expected to accelerate from 3.2 % in 2016 to 3.6 percent in 2017 and 3.7 percent in 2018 which reflects an upward revision of the earlier… (2973 more words) …

  • 6 [ Eco. ]

    Sustainable development goals -UN Sustainable Development Goals (SDGs) adopted by the international community in September, 2015 comprehensively covers social, economic and environmental dimensions and build on the Millennium Development Goals (MDGs).

    • The SDGs constitute a universal agreement to end poverty… (2695 more words) …
  • Mar 27, 2018
  • 1 [ Eco. ]

    The economy witnessed a gradual transition from a period of high and variable inflation to more stable prices in the last four years. Headline inflation measured by the Consumer Price Index (CPI) has remained under control for the fourth successive… (1185 more words) …

  • 2 [ Eco. ]

    Monetary Developments during 2017 - 18. Monetary policy during 2017 - 18 was conducted under the revised statutory framework, which became effective from August 5, 2016. Accordingly, the Reverse Repo Rate under the Liquidity Adjustment Facility (LAF) stands at 5.75%,… (1257 more words) …

  • 3 [ Eco. ]

    The firm footing afforded by the Government to unleash tax reforms in the current year could be perused from the Charts Most fiscal indicators-revenue buoyancy, expenditure quality, devolution and deficits improved discernibly in the last three years.

    Image of Fiscal indicators as percentage of GDP

    Image of Fiscal

    … (951 more words) …
  • 4📹  [ Eco. ]

    GDP growth in 2017 - 18 - With Gross Domestic Product (GDP) growth averaging 7.5 % between 2014 - 15 and 2016 - 17. India can be rated as among the best performing economies in the world on this parameter.… (6703 more words) …

  • Mar 11, 2018
  • 1 [ Eco., ]

    Three guar seed options contracts that will expire in February, March, and April of this year are being made available on NCDEX for trading initially. Key facts- NCDEX’s guarseed option is one of the liquid contracts on the exchange platform.… (296 more words) …

  • Mar 7, 2018
  • 1  [ , Eco. ]

    The union Government approved a number of amendments to (Foreign Direct Investment) FDI policy to simplify and liberalise FDI policy in India. They will - Increase ease of doing business in country, Lead to larger FDI inflows contributing to growth… (318 more words) …

  • Mar 6, 2018
  • 1  [ Eco. ]

    The Goods and Services Tax (GST) implementation has increased indirect taxpayer base by more than 50 per cent with 34 lakh businesses coming into the tax net. GST will allow radical alteration in the understanding of the Indian economy.

    Data reveals 50% increase in number of Indirect Taxpayers

    Data

    … (391 more words) …
  • Feb 26, 2018
  • 1 [ Eco., ]

    India was ranked at the 62nd place among emerging economies on an Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF). WEF urged the leaders to urgently move to a new model of ‘inclusive growth and development’, saying… (347 more words) …

  • Feb 19, 2018
  • 1📹  [ Eco. ]

    Budget for Agriculture and Rural areas - The MSP for all unannounced kharif crops to be atleast one and half times of their production cost. Prime Minister Krishi Sampada Yojana is a flagship program for boosting investment in food processing.… (3012 more words) …

  • Feb 14, 2018
  • 1 [ , Eco. ]

    The Second National Commission on Labour has recommended that the existing Labour Laws should be broadly grouped into four or five Labour Codes on functional basis. Maternity Benefit Amendment Act, 2017, increases the paid maternity leave from 12 weeks to… (552 more words) …

  • Feb 8, 2018
  • 1📹  [ Eco. ]

    Introduction - India jumped thirty places to break into the top 100 for the first time in the World Bank’s Ease of Doing Business Report (EODB), 2018. The rankings reflect the government’s reform measures on a wide range of indicators.… (1926 more words) …

  • 2 [ Eco. ]

    Why Science - 📝 Science, technology, and innovation have instrumental and intrinsic value for society. They are key drivers of economic performance and social well-being. They are also important for deeper reasons:

    • a scientific temper, with its spirit of enquiry,… (1242 more words) …

  • 3 [ Eco. ]

    Introduction - The intrinsic values of gender equality are uncontestable. There is growing evidence that there can also be significant gains in economic growth if women acquire greater personal agency, assume political power and attain public status, and participate equally… (1969 more words) …

  • 4📹  [ Eco. ]

    📹 Introduction- The last few seasons have witnessed a problem of plenty: farm revenues declining for a number of crops despite increasing production and market prices falling below the Minimum Support Price (MSP).

    Loading video

    Earth Summit

    … (1678 more words) …
  • 5 [ Eco. ]

    Introduction- Economic convergence, the process of poorer countries “catching-up” with richer countries and closing gaps in standards of living, has been a big driver of some of these developments.

    • Since the mid-1980s, the process of catch-up has broadened; the rate… (1250 more words) …
  • 6 [ Eco. ]

    What is taxation? - Taxation is not just for raising state revenue but can be critically important for economic and political development. Taxation is the economic glue that binds citizens to the state in a necessary two-way relationship.

    Direct taxes

    … (1648 more words) …
  • 7 [ Eco. ]

    Investment (gross fixed capital formation) rate and gross domestic saving rate, at present are actually above the levels that prevailed throughout the 1990s. The investment decline has been so gradual, the magnitude of the shortfall so far is relatively less… (1443 more words) …

  • 8 [ Eco. ]

    As an information repository, the Goods and Services Tax (GST) embodies and heralds a radical alteration and enlargement in the understanding of the Indian economy. The distribution of the GST base among the states is closely linked to their Gross… (1590 more words) …

  • 9📹  [ Eco. ]

    Overview: short term: - 1. GST 📹. The past year has been marked by some major reforms. The transformational Goods and Service Tax (GST) was launched in July 2017. With a policy change of such scale, scope, and complexity, the… (2420 more words) …

  • Feb 8, 2018
  • 1 [ Eco. ]

    The Economic survey can be divided in to 2 volumes. Volume-1 contains Chapter 1: State of the Economy: Analytical Overview and Outlook for Policy. Chapter 2: A New, Exciting Bird’s-EYE view of Indian Economy through the GST.

    Chapter 3: Investment… (145 more words) …

  • Feb 7, 2018
  • 1  [ Eco., ]

    The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill) replaces existing resolution regime to provide a comprehensive resolution regime which ensures, in the rare event of failure of a financial service provider, a system of quick, orderly and efficient… (1020 more words) …

  • Feb 4, 2018
  • 1  [ , Eco., ]

    Electoral Bond is a financial instrument for donating to political parties. These are issued by Scheduled Commercial banks upon authorization from the Central Government to intending donors, but only against cheque and digital payments- it cannot be purchased by paying… (438 more words) …

  • Jan 30, 2018
  • 1 [ , Eco. ]

    There are nine Defence Public Sector Undertakings (DPSUs), with 47 units & 41 Ordnance factories spread all over India. OFB: Ordnance Factory Board has developed infrastructure facilities for construction of - Missile, Tanks.

    Image of Defence Public Sector Undertakings

    Image of Defence Public Sector Undertakings

    Image

    … (384 more words) …
  • Jan 23, 2018
  • 1 [ Eco. ]

    प्रस्तावना: - अपने आने के पहले शायद ही किसी नए साल ने तथ्यों पर आधारित इतनी ठोस उम्मीदें जगाई हो। यही कितनी बड़ी बात है कि दुनिया आखिरकार 2008 में आई महामंदी से उबर जाएगी। इतना ही नहीं, मेडिसिन (दवा)

    … (3877 more words) …
  • Jan 16, 2018
  • 1 [ Eco. ]

    India Government Mint (IGM), a unit of Security Printing and Minting Corp of India Ltd launched India’s first homegrown high purity gold reference standard- Bharatiya Nirdeshak Dravya (BND-4201).

    Image of Gold Demand In India 2017

    Image of Gold Demand In India 2017

    Image of Gold Demand In

    … (309 more words) …

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