Economy

India-Korea Electronic Origin Data Exchange System (EODES)

Ministry of Finance has announced “India-Korea Electronic Origin Data Exchange System (EODES) for faster clearance of imported goods launched” By enabling the electronic exchange of origin data for goods traded under the Comprehensive Economic Partnership Agreement (CEPA) between the customs administrations of Korea and India, EODES will streamline the CEPA’s …

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Cleantech, for an inclusive green future in India

Syllabus:  Green economy India’s experience has shown that climate action is only effective and embraced at scale if it aligns with the development aspirations of millions and contributes to economic growth. The green economy paradigm provides an optimistic pathway to align development and environmental outcomes. Example: building a solar park …

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Private Participation in Space Sector

Syllabus: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth Context The two transfers mark the start of the transfer of ISRO-developed satellite bus technology to private industry. Points to note The Indian Space Research Organisation has transferred key space technology to 2 …

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Govt. imposes curbs on import of laptops, computers, tablets

Syllabus: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. Why in NEWS The Union government on Thursday restricted all imports of laptops, tablets, and all-in-one and small-factor personal computers (PCs), requiring licences for these products to be brought into the country and …

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Govt. allows Indian companies to list on foreign exchanges through IFSC

Why in NEWS Union Minister of Finance said that Indian companies could now directly list their shares on foreign exchanges operating at the GIFT City-based International Financial Services Centre (IFSC) in Gujarat. The International Financial Services Centre (IFSC) It is a financial hub located in Gujarat International Finance Tec-City (GIFT …

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Shedding more light on the debt dilemma

Context The elevated levels of India’s fiscal deficit and public debt have been a matter of concern for a long time in India. Even before the COVID-19 pandemic, debt levels were among the highest in the developing world and emerging market economies. The pandemic pushed the envelope further and relative …

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T.N. tops NITI Aayog Export Preparedness Index 2022,

T.N. tops NITI Aayog Export Preparedness Index 2022, Gujarat drops to fourth India has registered a significant decline of 9.89 percentage points in the number of multidimensionally poor, from 24.85% in 2015-16 to 14.96% in 2019-2021, says the “National multidimensional poverty index: a progress review, 2023”, released by NITI Aayog …

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