Context Recently the sixteenth Finance Commission headed by Arvind Panagariya has begun its work by inviting suggestions from the public on the mandate set for it by the Centre. About The Finance Commission is a constitutional body constituted by the Read More …
Tag: Economy
The Green Revolution in Maize
The crop of Maize has also undergone a Green Revolution in India with its annual output increasing more than 3 times between 1999-2000 and 2023-24, from 11.5 to over 35 million tonnes (mt), with average per-hectare yields also rising from 1.8 to Read More …
Role of the Finance Commission
The sixteenth Finance Commission has begun its work by inviting suggestions from the public on the mandate set for it by the Centre. The latest Finance Commission was constituted in December last year and is expected to submit its recommendations by October, 2025 that Read More …
RBI Rules On Managing Financial Fraud
Recently, the Reserve Bank of India (RBI) issued three revised master directions on fraud risk management for Regulated Entities. These master directions have been prepared based on a comprehensive review of the earlier Master Directions, circular and emerging issues. About Master Directions on Fraud Read More …
Need For An Integrated Energy Policy In India
The recent power shortages, due in part to unbalanced growth in renewable energy capacity over the past decade, demonstrate the need for better resource planning at both central and state levels. To improve supply adequacy, diversity metrics can be used while formulating policies. About India’s Power and Energy Read More …
Deposit Insurance in India
Context: Bank deposits in India up to Rs 5 lakh is insured by the Deposit Insurance and Credit Guarantee Corporation. This provides a degree of safety to bank depositors. About Deposit Insurance About Deposit Insurance and Credit Guarantee Corporation (DICGC): All Read More …
Foxnuts (Makhana)
Context: Foxnuts (makhana) are in demand as a ‘super snack’, with its prices soaring in domestic and international markets since 2019. About foxnuts (Makhana) It is commonly known as prickly waterlily, makhana, or Gorgon plant, and is the only extant member of the Read More …
East coast Rail Link
Overview of ECRL Project Description: The East Coast Rail Link (ECRL) is a 665-km railway project in Malaysia connecting Kota Bharu to Port Klang, aimed at enhancing economic connectivity. Initiation and History: Started in 2017 but stalled due to funding issues and Read More …
Project Nexus
Context: The Reserve Bank of India (RBI) has joined Project Nexus. a multilateral international initiative to enable instant cross-border retail payments by interlinking domestic Fast Payments Systems (FPSs). What is Project Nexus? It is a multilateral international initiative to enhance cross-border payments by connecting Read More …