Parliamentary panel calls for notification of e-commerce policy to address sector’s ‘strategy vacuum’

GS Paper 3 Syllabus: Economy – Liberalisation after 1991   Source: Business Line   Context: A Parliamentary panel report ‘Promotion and Regulation of E-Commerce in India’ suggested that a national e-commerce policy needs to be notified by the Government at the earliest as the absence of a dedicated policy had resulted in fragmented and ineffective …

Will mega textile parks help boost the sector?

GS Paper 3  Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: TH  Context: The central government announced that 7 mega textile parks would be set up under the ₹4,445-crore PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme in the first phase. Textile and Apparel …

Understanding IMF bailouts

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: TH  Context: The International Monetary Fund (IMF) confirmed a $3 billion bailout plan for Sri Lanka’s struggling economy and is also in negotiations with Pakistan for a $1.1 billion bailout plan.   Background: The IMF was set up in …