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GS Paper 3 Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Context: GST Network has said it has blocked Rs 14,000 crore worth of input tax credit (ITC) of 66,000 businesses registered under the Goods and Service Tax. Background: The government had introduced Rule 86A in …
GS Paper 2: Topics Covered: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Quad nations Context: The US recently said that the scope of the multi-nation Malabar exercise in terms of more like-minded navies taking part in the drills could expand in future. And it was for the Quad partners …
GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate. Context: The G20 Anti-corruption Working Group, which for the first time includes sport as a specificity within its mandate, has reached consensus on the draft high level principles on Preventing and Combating Corruption. About ACWG: Established by G20 Leaders at …
GS Paper 2: Topics Covered: Important International institutions, agencies and fora, their structure, mandate. Context: The International Energy Agency (IEA) has invited India, the world’s third-largest energy consumer, to become its full-time member. Implications: The proposal if accepted will require New Delhi to raise strategic oil reserves to 90 days requirement. India’s current strategic …
GS Paper 2: Topics Covered: Important aspects of governance, transparency and accountability. Context: A report on the Performance of Information Commissions in India, 2021 was recently released. Key findings: CIC has three vacancies left and has not functioned at its full strength of 10 Commissioners. There were delays in disposing of cases due to …
GS Paper 2: Topics Covered: Statutory, regulatory and various quasi-judicial bodies. Context: Coming out strongly against certain recommendations made by NFRA, chartered accountants’ apex body ICAI has said the watchdog does not have jurisdiction over micro, small and medium companies. Background: This observation comes less than two weeks after the National Financial Reporting …
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