RENEWABLE ENERGY POOLING TOPIC: Economy Context- The Union power ministry is set to come out with rules to pool solar tariffs to accelerate the procurement of solar power by power distribution companies. Concept- Why is pooling required? A consistent fall in solar power tariffs due to the falling price of solar panels has […]

    EPFO TOPIC: Economy Context- The Employees’ Provident Fund Organisation will meet on March 4-5 in Guwahati to decide on the interest rate for its subscribers for the financial year 2021-22. Concept- Employees’ Provident Fund Organisation (EPFO): It is a government organization that manages provident fund and pension accounts of member employees and implements […]

    QUANTITATIVE EASING TOPIC: Economy Context- The government is prepared to deal with all kinds of risks that may arise out of global developments, US Federal Reserve’s decision to roll back monetary easing, said, Finance Minister Nirmala Sitharaman. Concept- Monetary Easing: Also known as Quantitative easing (QE) is a form of monetary policy used […]

    V. O. CHIDAMBARAM PORT TOPIC: Economy Context- With PSA Sical Terminals Ltd, one of India’s oldest public-private-partnership (PPP) port projects, on the verge of collapse the Centre-owned VO Chidambaranar Port Authority (VOC Port) is gearing up with a back-up plan to run the terminal to support the export-import (EXIM) trade. Concept- V. O. […]

    GEOGRAPHICAL INDICATION (GI) TOPIC: Economy Context- Three applications from Uttar Pradesh have been filed with the Geographical Indications Registry seeking a Geographical Indication (GI) tag for the Bundelkhand Kathiya Gehu (Wheat), BanarasiTabla and SitapurDurrie. Concept- Bundelkhand Kathiya Gehu this particular wheat has high nutritional value and a high fibre content. It is usually […]

    MONETARY POLICY TOPIC: Economy  Context-The Reserve Bank of India (RBI) is expected to start on a gradual normalisation of the reverse repo rate, hiking it by about 25 basis points in the upcoming Monetary Policy Review. Concept- Repo and Reverse Repo Rate: Repo rate is the rate at which the central bank of […]

    DIGITAL CURRENCY & THEIR ECONOMIC VALUE TOPIC: Economy Context- Government has planned to launch digital currency. Concept- What is a digital currency? Digital currency issued by the central bank is legal tender in digital form. It is also often called Central Bank Digital Currency (CBDC). A digital currency is the same as a […]

    FAST TRACKING VANDE BHARAT TOPIC: Economy Context- The Budget has announced 400 more of these semi-high-speed trains in the next 3 years. Concept- What’s Vande Bharat The Train18, later named Vande Bharat is a semi-high speed trainset, each of 16 coaches, and self-propelled — they do not require an engine. This is called […]