In News As per the Economic Survey 2021-2022, the ethanol supply in the country to enable blending with petrol is likely to reach 302 crore litres by the end of Ethanol Supply Year (ESY) 2020-2021. About The government has been promoting the use of ethanol as a blend stock with main automotive fuel like petrol […]
In News In the 2022 Budget, the Finance Minister announced the launch of the Digital Rupee — a central bank digital currency (CBDC) — 2022-23 onwards. About Central Bank Digital Currency (CBDC) Definition: CBDC is a legal tender issued by a central bank in a digital form. It is sovereign currency in an electronic form […]
In News Recently, Finance minister Nirmala Sitharaman on February 1 presented a budget worth Rs 39.45 lakh crore with massive push to infrastructure spending. Union Budget of India According to Article 112 of the Indian Constitution, the annual financial statement of a year is a statement of the estimated receipts and expenditure of the government […]
In Context State Bank of India believes the stage is set for a Reverse Repo Normalisation in India. What is reverse repo and how does it fit into policy normalisation? Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities […]
In News Hoysala temples of Belur, Halebid and Somnathapura in Karnataka have been finalised as India’s nomination for consideration as World Heritage sites for the year 2022-2023. All three Hoysala temples are protected monuments of the Archaeological Survey of India. Earlier, the UNESCO’s World Heritage Centre (WHC) had agreed to publish Hindi descriptions of India’s […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1,710,15& 17 Buoyant tax mop-up frees fiscal space for spending Economic Survey: Focus on the need for crop diversification and substituting fertilisers MGNREGS jobs still higher than pre-Covid level: Economic Survey The room to grow Ramp-up support What the Economic Survey […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 2 1 1,000 people allowed at election meetings (Constitutional Bodies) Election Commission of India, Articles related to Elections, Structure of the Commission, Functions, Importance, Challenges to the independent functioning of the ECI. GS 3 1,10& 12 Survey pegs growth at 8-8.5% in […]
In News Recently, India and the United Kingdom concluded the first round of discussion for the ambitious Free Trade Agreement (FTA). About The discussion was conducted over two weeks and included 32 sessions that dealt with 26 policy areas, The discussion spanned over the topics: Customs and trade facilitation, sanitary and phytosanitary measures, technical barriers […]
In News Neglected tropical disease day is observed every year on 30th January. It was declared in the 74th World Health Assembly (2021). The proposal to recognise the day was floated by the United Arab Emirates. It was adopted unanimously by the delegates. About Definition: NTDs is an umbrella term that refers to 20 medically […]
In Context The Economic Survey 2021-22 has called for a standardised framework for Cross-Border insolvency as the Insolvency & Bankruptcy Code (IBC). Need The IBC currently does not allow for automatic recognition of any insolvency proceedings in other countries. The present provisions lead to uncertainty of outcomes of claims for creditors, debtors and other stakeholders […]
8081300200
Live/Online Class