Subject: Economy Context: A report “Charting pathways out of multidimensional poverty: Achieving the SDGs“ is released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI). Findings: The Multidimensional poverty Index was observed in 75 countries from the East, Central and South Asia, Europe, Latin America and the Caribbean, […]
Subject: Economy Context: The Maternal Mortality Ratio (MMR) in India has declined to 113 in 2016-18 from 122 in 2015-17 and 130 in 2014-2016, according to the special bulletin on Maternal Mortality in India 2016-18, released by the Office of the Registrar General’s Sample Registration System (SRS). Concept: The maternal mortality ratio (MMR) is defined […]
Subject: Economy Context: During BIS’ annual general meeting last month, it discussed actions taken by central banks in various countries in response to pandemic. Concept: The Basel Committee – initially named the Committee on Banking Regulations and Supervisory Practices was established by the central bank Governors of the Group of Ten countries at the end […]
Subject: Science and tech/ Economy Context: Farmers all over India are severely affected by pests. Concept: The continuous onslaught of desert locusts swarms has ravaged his early-stage bajra crop. The pesky invaders from Iran and Pakistan have also seriously damaged moong and guar fields. As if the locust’s menace, which is the worst since 1993, […]
Subject: Economy Context: Amazon India has made it mandatory for sellers on its platform to disclose the ‘country of origin’ of new and existing product listings by August 10. Concept: The development comes at a time when the government is negotiating with e-commerce companies to ensure that all products listed on their apps and websites carry […]
Subject: Economy Context: India recently decided to impose digital services taxes on non-resident e-commerce companies. Concept: BEPS Base erosion and profit shifting (BEPS) refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax. Developing countries’ higher reliance on corporate income tax means they suffer […]