Category: Economy

Context Currently, the Indian steel industry is under pressure because of increased levels of import, especially from China. For this reason, leading steel manufacturers in India have been forced to apply pressure on the government to enhance protective measures. While Read More …

Context On September 25, 2014, the “Make in India” initiative completed 10 years as a pivotal step in India’s nation-building efforts. Pillars of ‘Make in India’ New Processes: The “Make in India” initiative diagnosed ‘ease of doing business’ as a critical Read More …

Context The Union Ministry of Commerce and Industry has approved the SPICED scheme (Sustainability in Spice Sector via Progressive, Innovative, and Collaborative Interventions for Export Development) to be carried out until 2025-26.  About The scheme focuses on increasing the place and productiveness Read More …

Context The Reserve Bank of India’s recent bulletin highlights the resilience of the Non-Banking Financial Companies (NBFC) sector under the Scale-Based Regulations (SBR) framework.  Overview of the NBFC Sector The NBFC sector too has remained responsive to this change: credit Read More …

Context The National Human Rights Commission (NHRC) expressed serious concern over the reported death of a chartered accountant woman due to immoderate workload in a private company. Work-Life Balance Work-life balance refers to the capacity to effectively manage your expert Read More …

Context India’s defence exports have seen a significant rise in recent years, reflecting the country’s growing capabilities in the defence manufacturing sector. However, this growth brings with it the responsibility to ensure that these exports comply with international humanitarian law Read More …

Context Goods and Services Tax (GST) has completed 7 years of implementation. About The government is now aiming to slowly circulate in the direction of discussions on rationalise rates, from a present day 4-tier structure, in all likelihood, to a Read More …

Context The Government of India has announced the launch of Vivad Se Vishwas 2.0, a direct tax dispute resolution scheme set to commence on October 1, 2024. This initiative aims to streamline the resolution of income tax disputes, reduce litigation, and enhance taxpayer services. Read More …

Context According to recent reports, officials from the Reserve Bank of India (RBI), led by Deputy Governor Michael D. Patra, have warned that food price volatility remains a potential risk to India’s economy, even as consumer price inflation has remained below Read More …

Context At the 3rd edition of World Food India 2024, the Prime Minister stated that India has brought “wide-ranging” reforms to convert the food-processing region within the remaining 10 years. World Food India The Ministry of Food Processing Industries launched the Read More …