NATIONAL REGISTER OF CITIZENS Subject: Economy Context: No Decision Yet on Nationwide NRC, Govt Tells Rajya Sabha. Concept: The NRC is the list of Indian citizens and was prepared in 1951, following the census of 1951. The process of NRC update was taken up in Assam as per a Supreme Court order in […]

    SEBI FRAMEWORK ON IPO Subject : Economy Context : New SEBI framework to streamline IPO process. Concept : Markets regulator Sebi on Tuesday put in place a uniform policy to streamline the reconciliation process among intermediaries with regard to initial public offers as well as a new mechanism to compensate investors. The new […]

    DEVELOPMENTAL FINANCIAL INSTITUTION Subject : Economy Context : Cabinet clears plan to set up DFI for infra projects. The government will infuse ₹20,000 crore capital in the new financial institution, and gradually reduce its stake to 26% from 100%, said Sitharaman. Concept : Finance Minister Nirmala Sitharaman had on February 1, proposed creation […]

    NATIONAL MONETISATION PIPELINE Subject: Economy Context: 8 ministries list assets for monetisation: from stations to telecom towers, pipelines to roads. Concept: National Asset Monetization Pipeline In Union Budget 2021, Finance Minister Nirmala Sitharaman announced that a national monetisation pipeline will be launched, with a dashboard to track the progress and provide visibility to […]

    OIL SUPPLIES TO INDIA Subject : Economy/ International Relations Context : The United States overtook Saudi Arabia as India’s second biggest oil supplier. Concept : India’s imports from the United States – the world’s top producer – rose 48% to a record 545,300 barrels per day (bpd) in February from the prior month, […]