Stagflation Subject – Economy Context – Dr Amit Mitra, a seasoned economist-turned-politician and Principal Chief Advisor (Cabinet rank) to the Chief Minister and Finance Department, Government of West Bengal, feels that “there is no readymade formula to tackle stagflation which is policy-induced Concept – It is a seemingly contradictory condition described by slow […]

    Economic Survey 2021-22 Subject – Economy Context – The Union Finance Ministry is expected to release the single volume Economic Survey for 2021-22 on January 31, 2022. Concept – What is the Economic Survey? The Economic Survey is an annual financial document that reviews the economic development in India over the past financial […]

    Forced Migration Subject – Economy Context – Forced to Flee: Over 80 Million People Displaced Worldwide Concept – Forced displacement (also forced migration) is an involuntary or coerced movement of a person or people away from their home or home region. The UNHCR defines ‘forced displacement’ as follows: displaced “as a result of […]

    Electronic signature Subject – Economy Context – ‘Pandemic accelerated e-­signature adoption’ Concept – An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. This type of signature has the same legal standing as a handwritten signature as long as […]

    MSMEs owned by SC entrepreneurs Subject – Economy Context – 6% of MSMEs owned by SC entrepreneurs Concept – Maharashtra tops India’s list in the number of micro, small and medium enterprises (MSME) owned by entrepreneurs from the Scheduled Castes with as many as 96,805 enterprises. Generally, the proportion of enterprises owned by […]

    Chief Economic Advisor Subject – Economy Context – Govt appoints Dr V AnanthaNageswaran as Chief Economic Advisor Concept – To know about Chief Economic Advisor, please refer September 2021 DPN. To know about Appointment of Chief Economic Advisor, please refer October 2021 DPN.

    Formosa Bond Subject – Economy Context – SBI’s Formosa Bond issuance reflects India’s acceptability among international investors: Dinesh Khara Concept – A Formosa bond is a bond issued in Taiwan but denominated in a currency other than the New Taiwan Dollar. They fall under the eurobond category of bonds because they are denominated […]