10 September

indian Economics

New Umbrella Entity for Payment Systems

The Reserve Bank of India (RBI) is not in favour of having direct and supervisory control over the New Umbrella Entities (NUE) and instead wants agencies such as the National Payments Corporation of India (NPCI) or a newly formed body to take over the role.

01 September

Asset Reconstruction Companies (ARCs)

The RBI has set up a committee headed by Sudarshan Sen to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling them to meet the growing requirements.

04 May

Asian Development Bank (ADB)

Asian Development Bank (ADB) was established in the year 1966 headquartered in Manila (Philippines). At present, it has 68 members from the Asia Pacific region. 49 of 68 are from the Asia-Pacific region. The region is home to a large share of the world’s poor: 263 million living on less than $1.90 a day and 1.1 billion on less than $3.20 a day.

04 May

International Monetary Fund (IMF)

The International Monetary Fund was established in 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States, in the aftermath of the Great Depression of the 1930s. The 44 founding member countries sought to build a framework for international economic cooperation to avoid the reoccurrence of competitive currency devaluations that contributed to the Great Depression of the 1930s.

11 April

Government Securities Acquisition Programme (G-SAP)

In 2021, the RBI has purchased nearly Rs. 3.13 lakh crore worth of bonds from the secondary market. However, all this was done in an ad-hoc manner leading to uncertainty (volatility) in the bond market and a sharp spike in bond yields. To ward off the uncertainty in the bond market, Government Securities Acquisition Programme (G-SAP) was announced by the RBI to give certainty to the bond market about its OMO purchase programme.

09 April

Methanol Economy and its Benefits in India

हाइड्रोकार्बन ईंधन जैसे- पेट्रोल और डीजल आदि ने भी ग्रीन हाउस गैस उत्सर्जन (GHG) के साथ पर्यावरण को बुरी तरह से प्रभावित किया है। भारत विश्व का तीसरा सबसे बड़ा कार्बन डाइऑक्साइड उत्सर्जक देश है। दिल्ली जैसे शहरों में लगभग 30% प्रदूषण ऑटोमोबाइल से आता है तथा सड़क पर ऑटोमोबाइल की बढ़ती संख्या प्रदूषण को और भी अधिक खराब कर देगी। वर्तमान स्थिति चिंताजनक है और सरकार के लिए शहरी प्रदूषण को कम करने और प्रदूषण से होने वाली मौतों को पूरी तरह से रोकने के लिए एक व्यापक रोडमैप प्रस्तुत करना अनिवार्य

11 March

indian Economics

Cess and Surcharge

The share of Cess and Surcharge in the central government’s gross tax revenue has almost doubled in the financial year 2020-21 (19.9%) as compared to the financial year 2011-12 (10.4%); That is, the cess and surcharge have almost doubled the share in gross tax revenue in the last 10 years.

07 March

Union Budget 2021

Gender Budgeting

Gender Budgeting is a practice followed globally and acknowledges the fiscal expenditure with a gender perspective. It aims to allocate and divert funds for gender-specific outcomes to address prevalent gender inequality that hinders growth and development of a nation.

24 February

economics UPSC

Economic Integration

Specialists in this area define seven stages of economic integration: a preferential trading area, a free trade area, a customs union, a common market, an economic union, an economic and monetary union, and complete economic integration

17 February

economics UPSC

Blue Economy policy

The Ministry of Earth Sciences (MoES) has rolled out the Draft Blue Economy policy for India in the public domain inviting suggestions and inputs from various stakeholders including industry, NGOs, academia, and citizens.

09 February

economics UPSC

Reserve Bank of India | भारतीय रिजर्व बैंक

भारतीय रिज़र्व बैंक (Reserve Bank of India) की स्थापना भारतीय रिजर्व बैंक, 1934 के तहत अप्रैल 1935 में हुई थी।
हिल्टन-यंग कमिशन की सिफारिश पर इसकी स्थापना की गयी सेंट्रल बैंक ऑफ इंडिया जो 1949 में राष्ट्रीयकृत की गयी थी।
केन्द्रीय कार्यालय की प्रारंभिक शुरुआत कलकत्ता में हुई और बाद में 1937 में मुंबई ले जाया गया।

03 February

Fifteenth Finance Commission | 15वें वित्त आयोग की रिपोर्ट

पंद्रहवें वित्त आयोग (Fifteenth Finance Commission) के काम करने के नियम और शर्तें (टीओआर)कई मायनों में खास और व्यापक दायरे वाली थी। आयोग को कई क्षेत्रों जैसे बिजली में प्रदर्शन आधारित प्रोत्साहन राशि, डीबीटी लागू करने, ठोस अपशिष्ट प्रबंधन जैसे कदम राज्यों को लागू करने की सिफारिशें लागू करने को कही गईं थी।

31 January

Union Budget 2021

Union Budget

Union Budget referred to as the Annual Financial Statement in Article 112 of the Constitution of India, is the annual budget of the Republic of India