Subject: Economy Context: In its latest Global Economic Prospects report, the World Bank predicted a 3.2 per cent contraction in India’s economy during the current fiscal year Concept: Global economy is expected to contract by 5.2 per cent as a result of the the COVID-19 pandemic. This will be the deepest recession in global economy […]

Subject: Economy/Society Context: Many states flagged concerns over the digital divide in education in a meeting called by the Human Resource Development (HRD) Ministry to discuss the way forward for learning amid the Covid-19 outbreak. Concept: Digital divide is a term that refers to the gap between demographics and regions that have access to modern information and […]

Table Of Contents Direct Tax Buoyancy, Revenue Foregone, Tax Base Mission Sagar Persian Gulf and GCC Environment Performance Index Assam Gas Leak 1. Direct Tax Buoyancy, Revenue Foregone, Tax Base Subject: Economy Context: The gross direct tax collection in 2019-20 fiscal dipped 4.92 per cent to Rs 12.33 lakh crore on account of reduction in […]