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Yearly Archives: 2022

Prime Minister’s Development Initiative for North East Region (PM-DevINE)

In News The Union Cabinet has recently approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE). More about the news About: Prime Minister’s Development Initiative for North East Region (PM-DevINE) is a new scheme for the Northeastern states which was announced in the Union Budget.  The scheme will be operational for the […]

Indian Express

Indian Express Subject  Pg No  Headlines Relevance for Prelims and Mains   GS 2 3 Interpol rejects Delhi Red Corner request for Khalistan separatist (International institutions ) Know about INTERPOL and What is a Red Notice? GS 2 3 CJI names Justice Chandrachud, most senior judge, as successor (Polity and Governance) What is the Appointment Process […]

The Hindu

The Hindu Subject Pg No Headlines Relevance for Prelims and Mains   GS 2/3 1 IMF cuts India’s growth forecast to 6.8% this year (International Institutions /Economy) What are the findings of IMF’s October 2022 World Economic Outlook: Countering the Cost-of-Living Crisis GS 2 1 Three lakh and counting: RTI pleas pile up  at information commissions […]

Trend Analysis of Non-Performing Assets (NPAs)

In News  Recently ,it has been observed that Probing the links between twin balance sheet crises and external commodity shocks could lead to a better understanding of the Non-Performing Asset (NPA)problem. About Non-Performing Asset (NPA) NPAs are loans or advances made by a financial institution, on which both principal or interest is unpaid for a […]

Business 20 (B20)

Context Department for Promotion of Industry and Internal Trade (DPIIT) hosted a Conference on B20 Indonesia Global Dialogue in partnership with Confederation of Indian Industry. Business 20 (B20) Formed in 2010, is the official G20 dialogue forum with the global business community.  B20 aims to deliver concrete actionable policy recommendations on the priorities by each […]

Merger of Amul with Cooperative Societies

In News Amul will be merged with five other cooperative societies to form a multi-state cooperative society (MSCS). About  Formed in 1946. Amul is an Indian dairy state government cooperative society, based at Anand, Gujarat. The Gujarat Cooperative Milk Marketing Federation Ltd markets its products under the Amul brand. Amul spurred India’s White Revolution which […]

Doom Loop

Context There is a risk that Britain’s economy could end up in a “doom loop”. What is Doom Loop? The doom loop is the circle of vulnerability where a country’s banking system can be severely hurt by volatility in the price of the sovereign bonds they hold for reserves resulting in a contraction in lending […]

Principle of Seniority & Collegium System

In News  Chief Justice of India (CJI) U U Lalit has written to the government recommending his successor in the post, and as per the convention of seniority, Justice D Y Chandrachud will take over as the next CJI on November 9. About  The collegium  which Justice Chandrachud will head , will potentially make as […]

G7 Grouping

In News  The Ukrainian President  appealed to leaders of the Group of Seven nations for more air defence capabilities . The G7  pledged continued “financial, humanitarian, military, diplomatic and legal support  after Russian forces launched mass strikes About The G7 It is an informal forum of leading industrialised nations, which include Canada, France, Germany, Italy, […]

World Economic Outlook : Countering the Cost-of-Living Crisis

In News  Recently, the International Monetary Fund released World Economic Outlook, October 2022: Countering the Cost-of-Living Crisis. Major Findings  Globally Global economic activity is experiencing a broad-based and sharper-than-expected slowdown, with inflation higher than seen in several decades.  The cost-of-living crisis, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 […]

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