Economics

Sustainable Development in the Indian Himalayan Region

GS-3: Key Environmental Concerns in the Indian Himalayan Region, Recent Supreme Court Judgments Support Environmental Conservation Efforts, The Indian Himalayan Region (IHR) is widely recognized as India’s “water tower” and a vital provider of essential ecosystem goods and services. Despite this critical understanding, there remains a significant disconnect between the …

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National Monetisation Pipeline (NMP)

Unlocking Value in Infrastructure The NMP is a government initiative launched in the 2021-22 Union Budget to leverage private sector expertise for infrastructure development. It focuses on monetizing core government assets (roads, railways, power) through partnerships, not privatization (ownership transfer). Goals and Benefits: Generate Rs 6 lakh crore over four …

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Open market sale scheme

open market

Introduction Under OMSS, Food Corporation of India  sells surplus stocks of wheat and rice under OMSS(Domestic) at predetermined prices through eauction in the open market from time to time. OMSS aims to enhance the supply of food grains, especially wheat, during the lean season, there by moderating the open market …

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PMLA: Combating Money Laundering and Financial Crimes

pmla

Concept : The Prevention of Money Laundering Act (PMLA), enacted by the Indian government, targets money laundering and associated financial offenses. Enacted in 2002, the PMLA aims to prevent and control money laundering activities and confiscate proceeds of crime derived from illicit activities. Key Provisions: Offences and Penalties: The PMLA …

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Anti Dumping Duty – protection of Domestic Industries by WTO

ANTI-DUMPING

Concept : Governments impose anti-dumping duties as a trade remedy measure to protect domestic industries from unfair competition resulting from the dumping of goods by foreign producers. Dumping: Dumping refers to the practice of exporting goods to another country at prices lower than their normal value, typically the price in …

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Purchasing Managers’ Index: The Economic Health Indicator

purchasing manager's index

TABLE OF CONTENTS News Concept Calculation Components of PMI PMI Releases News: Business activity in the services sectors likely clocked their fastest expansion in more than 13 and a half years in March, aided by a record uptick in export orders, as per the HSBC India Services Purchasing Managers’ Index …

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Exchange Traded Currency Derivatives

Exchange Traded Currency Derivatives

TABLE OF CONTENTS News Concept Types of Exchange-Traded Currency Derivatives Currency Options News: The Reserve Bank of India (RBI) Thursday deferred the implementation of norms on exchange-traded currency derivatives (ETCDs) linked to Indian rupee until May 3 following concerns by investors. Concept : Derivatives are financial instruments whose value is …

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Allocation of Election Symbol

election symbols

 Concept The Election Symbols (Reservation and Allotment) Order, 1968 is a significant legal document in Indian electoral law. It was issued by the Election Commission of India (ECI) under the authority granted by the Representation of the People Act, 1951. This order primarily deals with the reservation and allotment of …

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Alternative Investment Funds (AIFs)

  Alternative Investment Funds (AIFs) are privately pooled investment vehicles in India that collect funds from sophisticated investors for investing in accordance with a defined investment policy. They are regulated by the Securities and Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012. Why in NEWS …

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