Excise duty Subject: Economy Context: Rising oil prices has led to demand for reduction in excise duty by the Central government. Concept: Excise duty is a form of indirect tax paid to the Government of India imposed on goods for their production, licensing and sale. Unlike this custom duty levied on those coming […]

    High-Security Registration Plates (HSRP) Subject: Economy Context: Karnataka is going to make the installation of High-Security Registration Plates (HSRP) mandatory for all vehicles. Concept: The vehicles prior to 2 year will need to replace the number plate. The owners will have to pay to replace the number plates The rule for installing HSRPs […]

    Coastal road in Mumbai Subject: Economy Context: Mumbai coast is seeing launch of an ambitious coastal road project in the coastal region. Concept: The work is on an infrastructure project on the Mumbai coast — a 10-km stretch of the Coastal Road, which, with its undersea tunnel and road built on reclaimed land. […]

    Credit deposit Ratio Subject: Economy Context: At Niti Aayog’s governing council meet the Bihar CM requested the Centre to take steps to improve credit deposit ratio of the state. Concept: It is only 36.1 per cent in Bihar against the national average of the 76.5% (with some states having 100% Credit deposit ratio). […]

    Garden tourism Subject: Economy Context: Delhi Tourism is organising first biggest public event organised in the city post pandemic. Concept: This year the theme was to lay out gardens on the lines of Mughal Garden in Rashtrapati Bhavan. Garden tourism is a type of niche tourism involving visits or travel to botanical gardens […]