Context As per the information India is building its pulses production capacity as compared to Edible oils, which both are the significantly import-dependent goods. About The reduction in pulses imports have come essentially on the back of higher domestic production. According to the Agriculture Ministry, India’s pulses output has Read More
Context: Much ink has been spilled by now on the Budget’s hike in the tax-free ceiling under the new income tax system introduced in 2020, to ₹7 lakh from ₹5 lakh, with lower tax rates for those who give up existing tax Read More
Context: The government’s fiscal deficit as of end December touched 59.8% of the full year Budget Estimate (BE) on subdued growth in revenue collections, according to Finance Ministry data released. About the News: In actual terms, the fiscal deficit — the difference Read More
Context The Reserve Bank of India (RBI) has released the draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs). About Objective: To ensure that the authorised non-bank Payment System Operators (PSOs) is resilient to traditional and emerging information systems and cyber Read More