GST 2.0: A Strategic Reform for India’s Economic Future

Syllabus: Economy Source:  IE Context: India is rolling out GST 2.0, a major tax reform aiming to simplify slabs, reduce compliance costs, and prioritise long-term growth over short-term revenue maximisation. About GST 2.0: A Strategic Reform for India’s Economic Future Current Status of India & GST: Launched in 2017: GST unified multiple indirect taxes into …

Global South and India

Syllabus: International Relations Source:  PIB  Context: Union Minister Commerce & Industry, during the World Congress on Disaster Management, highlighted India’s efforts in aiding neighboring and Global South countries through initiatives like Vaccine Maitri. What is Global South? The term Global South broadly refers to developing and less-developed nations, predominantly in Asia, Africa, and Latin America. …

Groundwater Conservation

Syllabus: Water Resources Source:  PIB  Context: Recent reports by the Central Ground Water Board (CGWB) highlight positive trends in groundwater recharge and reduced extraction, showcasing the potential of collaborative efforts and innovative policies. Improvements (2017–2024): (Source: National Compilation on Dynamic Ground Water Resources of India, 2024) Groundwater recharge increased by 15 BCM. Extraction decreased by …

Caste Based Census

Syllabus: Governance Source:  TH  Context: The demand for a caste Census has become a heated political issue, fuelled by calls from opposition leaders, NGOs, and, more recently, the Rashtriya Swayamsevak Sangh (RSS) also adding itself to the cohort.   What is a Caste Census? A caste census involves enumerating India’s population based on caste categories. While …

UPSC CURRENT AFFAIRS – 26 November 2024

  UPSC CURRENT AFFAIRS – 26 November 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles   InstaLinks :  Insta Links help you think beyond the  current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. …

Production Linked Incentive Scheme

Syllabus: Economics Source:  PIB  Context: India’s Production Linked Incentive (PLI) Scheme, launched in 2020, aims to transform the country’s manufacturing sector into a global hub by encouraging investments, innovation, and self-reliance.  What is the PLI Scheme? The PLI Scheme incentivizes companies (domestic and foreign) to manufacture in India by offering financial rewards based on incremental …