Power Sector Schemes Subject – Economy Context – India has Made Massive gains in nationwide Power Supply in Last 6 Years Concept – Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) The Deen Dayal Upadhyaya Gram Jyoti Yojana is an Indian government scheme intending to provide an uninterrupted power supply to the rural parts […]

    G-secs to ‘soon’ join global bond indices Subject – Economy Context – Framework finalised: G-secs to ‘soon’ join global bond indices Concept – The government has finalised most of the background infrastructure and sorted out the supply-side issues to prepare India’s entry into global bond indices. The Finance Ministry and the Reserve Bank […]

    Fuel and Food Prices Subject – Economy Context – Last week, the UN Food and Agriculture Organisation released data showing its world Food Price Index (FPI) averaging 133.2 points in October, the highest since July 2011. Concept – One reason why petroleum and agri-commodity prices move in tandem is the bio-fuels link. When […]

    A brief history of India’s poverty levels Subject – Economy Context – Gandhi, former president of the Indian National Congress, tweeted the screen-grab of a story published on the website of Jansatta, which stated that poverty in India had increased between 2012 and 2020. Concept – What is poverty? In 2009, the report […]

    Gross National Happiness Index Subject – Economy Context – Bhutan, a small, landlocked mountainous least developed country (LDC) in South Asia is next in line to graduate from the LDC category in 2023. It is best known for its philosophy of promoting Gross National Happiness over Gross Domestic Product (GDP). Concept – Gross […]

    Gigafactory Subject – Economy Context – Tesla to open Canada battery gear factory in Markham, Ontario -mayor Concept – Giga factory is a term that we can first trace back to it being used by Elon Musk’s Tesla, for the then-upcoming lithium-ion battery manufacturing facility in Nevada. ‘Giga’ which represents a ‘billion’. However, […]

    Cooperative banks Subject – Economy Context – I-T freezes assets over `53 cr of Maharashtra-based co-op bank Concept – Co-operative banks are financial entities established on a co-operative basis and belonging to their members. This means that the customers of a co-operative bank are also its owners. These banks provide a wide range of […]

    Darjeeling’s ‘Toy Train’ Subject – Economy Context – India moves to patent the over century-old logos of Darjeeling’s ‘Toy Train’ Concept – More than two decades after the Darjeeling Himalayan Railway (DHR) was designated a UNESCO World Heritage Site, India has finally registered the logos of the iconic ‘Toy Train’ internationally as its […]

    5 years since Demonetisation Subject – Economy Context – Nearly 5 years since note ban: Cash with public rising, at all-time high Concept – Currency with public has continued to rise even five years after the government announced demonetisation on November 8, 2016. As per the RBI’s definition, currency with public is arrived […]