Logistics Performance Index Subject – Economy Context – The laying of the foundation stone at the Jewar Airport which the Prime Minister described as the “logistics gateway to North India” is amuch-needed milestone in India’s push to augment and enhance its logistics infrastructure. Concept – The Logistics Performance Index (LPI), developed by the […]

    India’s Sugar Export Subsidies Subject – Economy Context – WTO dispute panel rules against India’s sugar export subsidies Concept – A World Trade Organisation (WTO) panel has ruled against India’s sugar export subsidy and domestic support to sugarcane growers in a dispute filed by Australia, Brazil and Guatemala. India has said that it […]

    WPI Inflation Subject – Economy Context – WPI inflation surges to 14.23% in Nov Concept – It is the most widely used inflation indicator in India. Published by the Office of Economic Adviser, Ministry of Commerce and Industry. All transactions at the first point of bulk sale in the domestic market are included. Major criticism for […]

    Norms for CPSE Divestment Subject – Economy Context – The Finance Ministry has released guidelines for the implementation of the new central public sector enterprise (CPSE) policy, aimed at the privatisation, merger, closure or subsidiarisation of non-strategic CPSEs. Concept – The Finance Ministry has released guidelines for the implementation of the new central […]

    PCA framework for NBFCs Subject – Economy Context – RBI unveils PCA framework for NBFCs effective Oct 2022 Concept – The Reserve Bank of India (RBI) has decided to put in place a prompt corrective action (PCA) framework for troubled nonbanking finance companies to restore their financial health. Until now, the RBI had […]

    Deposit Insurance and Credit Guarantee Corporation (DICGC) Subject – Economy Context – The PM noted that the deposits worth Rs 76 lakh crore were insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act providing full coverage to around 98 per cent of bank accounts. Concept – To know about DICGC, please […]

    Co-lending Subject – Economy Context – Banks are now going in for co-lending arrangements with non-banking finance companies (NBFCs) following a decision by the Reserve Bank of India to allow such lending practices. Concept – Under the RBI’s co-lending model, banks are permitted to co-lend with all registered NBFCs (including Housing Finance Companies […]