DPN Topics
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. […]
AGILE APPROACH Topic: Economy In news: The central theme of this year’s Economic Survey is the “Agile approach”, implemented through India’s economic response to the COVID-19 Pandemic shock. About: The preface of Economic Survey states that the “Agile approach” is based on feed-back loops, real-time monitoring of actual outcomes, flexible responses, safety-net buffers […]
Govt. on track to meet the FY22 fiscal deficit target Topic: Economy In news: The Centre is well on track to meeting its fiscal deficit target for the current fiscal on the back of a robust rebound in tax revenues, as per the Economic Survey for 2021-22. About: The agile fiscal policy approach […]
CROSS BORDER INSOLVENCY Topic: Economy In news: The Economic Survey 2021- 22 has called for a standardised framework for cross- border insolvency. About: The Insolvency and Bankruptcy Code (IBC) at present does not have an instrument to restructure firms involving cross-border jurisdictions. The proposal to frame a robust cross-border insolvency framework has already […]
CROP DIVERSIFICATION Topic: Economy In News: Centre has adopted MSP, but States must facilitate crop shift’ says MSP panel in Economic Survey. About: There is an urgent need for crop diversification in view of the severe water stress in areas where paddy, wheat and sugarcane are grown as well as to increase oil […]
DLI Scheme Subject – Science and Tech Context – India has invited applications from 100 domestic companies, startups and small and medium enterprises to become a part of the design-linked incentive (DLI) scheme Concept – What is the DLI scheme? The DLI scheme aims to provide financial and infrastructural support to companies setting up fabs or semiconductor […]
Nord Stream Pipeline Subject – IR Context – The Nord Stream pipeline is back in the news following the renewed tensions between the West and Russia over Ukraine Concept – Owned by the Russian energy giant, Gazprom, Nord Stream the longest subsea pipeline, is an export gas pipeline which runs under the Baltic […]
Bomb Cyclone Subject – Geography Context – ‘Bomb cyclone’ hits eastern U.S., triggers transport chaos, outages Concept – A bomb cyclone is a large, intense midlatitude storm that has low pressure at its center, weather fronts and an array of associated weather, from blizzards to severe thunderstorms to heavy precipitation. It becomes a bomb when its central pressure decreases very […]