Socio Economic Policy

Gross Domestic Product (GDP) represents the total monetary value of all goods and services produced within a country’s borders over a specified period. While it is widely used as an indicator of economic performance, it has significant limitations in assessing overall well-being and environmental health. Criticisms of GDP as an …

Despite the efforts initiated by the 11th Finance Commission, financial devolution to urban areas remains inadequate. Municipalities suffer from poor fiscal health, and rapid urbanization without sufficient fiscal measures hinders development. Financial Devolution to Urban Local Bodies (ULBs) India allocates only 0.5% of its GDP to ULBs, whereas countries like …

Context: The Union Cabinet recently approved the development of the Vadhavan Port, a major greenfield deep-draft port project in Maharashtra. This ambitious project, estimated to cost ₹76,200 crore, is poised to significantly enhance India’s maritime infrastructure. Project Details: Implementation: The port will be constructed by Vadhavan Port Project Limited (VPPL), …

GS Paper III (Environment & Ecology): The syllabus emphasizes climate change mitigation strategies, and carbon farming is a prominent concept in this domain. GS Paper III (Agriculture): You can link carbon farming practices to sustainable agriculture and improved soil health. Essay Paper: Carbon farming can be a compelling point for …

Introduction The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006, popularly known as the Forest Rights Act (FRA), is a landmark legislation in India. It aims to address historical injustices faced by Scheduled Tribes (STs) and Other Traditional Forest Dwellers (OTFDs) and empower them by …

The National Scheduled Castes Finance and Development Corporation (NSFDC) is a public sector undertaking under the Ministry of Social Justice and Empowerment, Government of India. It was established in 1989 with the objective of providing financial assistance, concessional loans, and skill development training to members of Scheduled Castes (SCs) for …

Intellectual property deals with the human capital applied for creativity and inventions. Intellectual Property Rights are legal rights given to a creator or innovator to enjoy the economic benefits of their invention or creation. These are territorial rights registered with a legal authority. It provides a secure environment for investors, …

Introduction Microfinance is a method of lending very small sums to individuals to start or expand a small business. These borrowers tend to be low-income individuals. Features of Microfinance in India The principal amount borrowed is less than Rs 1 lakh Interest rates are lower than normal banks Does not …

Under new norms, cities and towns wanting to be declared ODF+ (Open Defecation Free Plus) must also be free of public urination and not just open defecation. This is the first time that the Swachh Bharat Mission (Urban) is officially including the elimination of public urination in its agenda. The …

In Independence Day address, Modi also announces manned space mission In his last Independence Day address before the next general election, Prime Minister Narendra Modi on Wednesday announced not just the launch date for his ambitious health insurance scheme, the Pradhan Mantri Jan Aarogya Abhiyan (PMJAA), but also permanent commission …