Gs3 – Indian Economy – Taxes Context: The Indian government has decided to end the windfall gains tax on crude oil production within the country and exports of diesel, petrol, and aviation fuel (ATF). This tax was introduced 30 months ago in response to a surge in global fuel prices …
Read More »Daily Archives: December 8, 2024
Reviving India’s Manufacturing Sector
GS3 – Indian Economy – Industry Context: India’s manufacturing sector has shown robust growth, largely driven by the Production Linked Incentive (PLI) scheme, positioning the country as a global manufacturing hub. Significance of the Manufacturing Sector Economic Contribution: Contributes 17% of Gross Value Added (GVA), with the potential to rise …
Read More »Anna Chakra Initiative
GS3 – Agriculture – Pds Context: The ‘Anna Chakra’ portal, developed in collaboration with the Department of Food and Public Distribution, the World Food Programme (WFP), and IIT-Delhi’s Foundation for Innovation and Technology Transfer, aims to modernize India’s Public Distribution System (PDS). Key Features of Anna Chakra Supply Chain Optimisation: …
Read More »Challenges Before the Sixteenth Finance Commission (FC)
GS2 – Polity – constitutional bodies Context: The Sixteenth Finance Commission is tasked with addressing fiscal challenges and shaping India’s economic trajectory amidst evolving global trends like friendshoring (relocating supply chains to friendly nations) and reshoring (bringing manufacturing back to the home country). Mandate of the Sixteenth Finance Commission Historical …
Read More »Indian PM’s Three-Nation Visit: Nigeria, Brazil, and Guyana
GS2 – IR Context: The Indian Prime Minister recently visited Nigeria, Brazil, and Guyana to bolster India’s relations with Africa, Latin America, and the Caribbean. Key Outcomes of the Visit Outcomes from the G-20 Summit in Brazil Advancing Global South Priorities Initiated the Global Alliance against Hunger and Poverty, emphasizing …
Read More »Mahaparinirvan Diwas: Honoring Dr. B.R. Ambedkar
GS1 – Modern India Context: Mahaparinirvan Diwas is observed annually on December 6 to pay tribute to Dr. B.R. Ambedkar on his death anniversary. Significance of “Mahaparinirvan”: The term originates from Buddhist scriptures, referring to Lord Buddha’s passing, symbolizing liberation from the cycle of birth and rebirth. About Dr. B.R. …
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