Securitisation Subject – Economy Context – Securitisation volumes pick up post-Q1 FY22 as collection efficiency improves: Report Concept – Securitisation is the process of pooling and repackaging of homogenous illiquid financial assets into marketable securities that can be sold to investors. In return, the investors in such securities get interest. This process enhances […]

    GST Compensation Regime Subject – Economy Context – GST compensation regime: Several Opposition-ruled states seek extension Concept – States were guaranteed compensation under GST for the revenue gap between actual collections and the protected amount based on a 14 per cent compounded rate from the base year 2015-16 for five years after the […]

    Participatory notes (P-notes) Subject – Economy Context – Investments via P-notes stand at Rs 97,744 cr till August Concept – P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a […]

    Agreement on Agriculture at WTO Subject – Economy Context – WTO agri agreement tilted against developing nations: Piyush Goyal Concept – The Agreement on Agriculture (AoA) is a World Trade Organisation treaty that focuses on reducing the agricultural support and subsidies given to domestic producers by countries. It is one of the most […]

    45th GST Council Meeting Subject – Economy Context – GST Council tweaked rates for drugs, shifted tax liability to food delivers firms Concept – Rate cuts for a number of cancer and Covid-related medicines and a shift in tax payment liability to restaurant delivery aggregators such as Swiggy, Zomato instead of restaurants, were […]

    World Bank discontinues Doing Business rankings Subject – Economy Context – WB clears India, blamesChina for pressuring Concept – AWorld Bankinternal audit report did not find any irregularities in the data used by India in the ‘Ease of Doing Business’ index, but found that China used its clout to pressure the top management […]