Category: Economy

  • IRDAI-Insurance Regulatory and Development Authority of India

    Topic: GS-3, Resource Mobilisation, IRDAI PRELIMS IRDAI– An Introduction The Indian insurance sector has witnessed tremendous growth in recent years due to the establishment of the IRDAI – Insurance Regulatory and Development Authority. Established in 1999, IRDAI plays a pivotal role in safeguarding consumer interests and fostering a healthy insurance market in India. IRDAI was…

  • MSMEs in India

    MSMEs in India

    Ref : https://indianexpress.com/article/opinion/columns/msmes-are-not-paid-on-time-they-need-to-be-9312221/ Introduction India’s economy relies heavily on the MSME sector, which encourages entrepreneurship and generates employment with minimal investment. It complements larger industries as ancillary units, contributing to inclusive industrial growth. However, the MSME sector faces challenges like limited access to finance, slow technology adoption, and struggles to compete globally. What are MSMEs?…

  • Central Bank Digital Currency (CBDC)

    Central Bank Digital Currency (CBDC)

    Ref : https://indianexpress.com/article/business/permanent-deletion-transactions-e-rupee-anonymous-shaktikanta-das-9312058/ Why in the news? Governor Shaktikanta Das said that permanent deletion of transactions can make the e-rupee or Central Bank Digital Currency (CBDC) become anonymous and make it at par with paper currency. What is Central Bank Digital Currency (CBDC)? A fiat currency is a national currency that is not pegged to…

  • Anti- Dumping Duty

    Anti- Dumping Duty

    Ref : https://indianexpress.com/article/business/economy/govt-clamps-down-on-dumping-from-china-over-1-3rd-anti-dumping-duties-levied-in-cases-with-sole-or-two-producers-since-fy22-9310194/ Why in the news? The government tightens restrictions on imports from China. More than a third of anti-dumping tariffs imposed in cases involving only one or two manufacturers since the fiscal year 2022. What is Anti-Dumping Duty? What is Countervailing duty (CVD)?

  • Minimum Support Price (MSP)

    Minimum Support Price (MSP)

    Ref: https://www.thehindu.com/news/national/watch-what-is-minimum-support-price/article67894764.ece Introduction: Recently, farmer groups have requested a legal assurance for the procurement of crops at Minimum Support Price (MSP). Minimum support price (MSP) was introduced in 1966-67 as part of agricultural reforms by the Central Government. Need for MSP How Does the Government Decide on the MSP? Three Kinds of Production Cost: Legal…

  • Payment Aggregators

    Important for Prelims: Economy Mains: General Studies III What is a Payment Aggregator? NPCI National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems…

  • SARATHI Portal

    SARATHI Portal, PM Fasal Bima Yojana

  • Farmers demands regarding MSP

    Important for Prelims: EconomyMains: General Studies III Minimum Support Price (MSP) 22 Crops: 3 Methods for Calculating Cost of Production Problems with MSP Regime Issues with Legalizing MSP Practice Questions for Prelims Consider the following statements regarding MSP :1. It is declared by CACP for 22 crops.2. Minimum MSP for any crop is 50% more…

  • Annual survey of Industries

    Important for Prelims: Economy Mains: General Studies III Annual Survey of Industries Key Findings of ASI Practice Questions for Prelims Consider the following statements about Annual survey of Industries1. It is the primary source of industrial statistics in the country.2. It is conducted by NSO under Ministry of Commerce and Industry. Which of the above statements…

  • Global Hunger Index

    Important for Prelims: Important IndicesMains: General Studies II, Paper III Key Findings Practice Questions for Prelims Consider the following statements regarding Global Hunger Index :1. It is released by UNDP and Oxford Poverty Initiative.2. It provides a score on the basis of 4 indicators and ranks countries accordingly.3. India is the best performing country in…

Monthly Current Affairs

Recent Posts

Related Tags

, , , , , , ,