FDI in food processing Topic: Economy Context: FDI in food processing surged 86% in April-Sept FY22. Concept: The food processing sector witnessed a surge in Foreign Direct Investment (FDI) inflows in FY22 after it had recorded a massive dip in inflows in the previous fiscal. According to the Survey, FDI in the food […]
Non-farming businesses Topic: Agriculture Concept: Animal husbandry: Animal husbandry refers to livestock raising and selective breeding. It is the management and care of animals in which the genetic qualities and behaviour of animals are further developed for profit. A large number of farmers depend upon animal husbandry for their livelihood. It supports the […]
Supreme Court has not acted as the ‘sentinel on the qui vive’ Topic: Indian Polity About: In the last few years, the Indian Supreme Court has delivered some judgments of far- reaching consequence. It declared the right to privacy a fundamental right; decriminalized consensual sexual conduct between adults of the same sex; recognised […]
EXTERNAL SECTORS (ECONOMIC SURVEY) Topic: Economy In News: The Union Minister for Finance Nirmala Sitharaman presented the Economic Survey 2021-22 in Parliament. About: India’s merchandise exports and imports rebounded strongly and surpassed pre-COVID levels during the current financial year. Net capital flows were higher at US$ 65.6 billion in the first half of […]
Renewable energy capacity grew 2.9 times; solar over 18 times in seven-and-a-half years Topic: Economy In News: India witnessed the highest growth in renewable energy (RE) capacity addition among all global economies in the last seven and half years, with RE capacity growing by 2.9 times, while solar energy surged by more than […]
Capital markets more important than banks for economic revival Topic: Economy In News: The Survey says that capital markets have been more important than banks for the economy’s revival in the current fiscal. About: It pointed out that the current financial year proved to be exceptional for primary markets with a boom in […]
Clean energy storage ‘key to net zero plan’ Topic: Economy In News: The government’s move to ensure a committed supply of raw material, especially for renewable energy (RE) and e- mobility sectors. About: The recent surge in prices of natural gas in Europe due to high energy demand, coupled with cold spells across […]
Govt swaps ₹1.2-lakh-cr G-Secs oil bonds Topic: Economy In News: In the run-up to the Budget for FY23, the Union government did a conversion transaction for G-Secs and oil bonds with RBI on January 28 for ₹1,19,701 crore. About: The transaction involved buying back securities maturing in FY2022-23, FY2023-24 and FY2024- 25 from […]
New FTAs review of existing agreements can push exports Topic: Economy In News: Over the last 25 years, the country has significantly diversified its export destinations, but more than 40 per cent of India’s exports is still accounted for by only seven countries, according to the Economic Survey released by the Finance Ministry. […]
Move over Bengaluru- Delhi is now start-up capital Topic: Economy In News: Delhi has replaced Bangalore as the start-up capital of India, according to the Economic Survey 2021-22. About: The national capital added over 5,000 recognised start-ups compared to the 4,514 start-ups added in India’s software capital between April 2019 and December 2021. […]