What the Vande Bharat train says about the lopsided priorities of Indian modernity

GS Paper 3 Syllabus: Infrastructure   Source: The Indian Express  Context:  With the latest edition of the Vande Bharat train, India made a huge leap into the future of mass transportation. However, it has also raised questions, as the poor may not be able to afford these trains.   Examples of skewed priorities of new …

How to read the latest Human Development Report

GS Paper 3 Syllabus: Economy: Human Development   Source: Indian Express  Direction: This is in continuation to the article on HDI and came in the ‘Explained’ section of Indian Express. Go through the six indices and understand what each represents.  Context: The Human Development Report for 2022 details six different human development indices that were …

Govt’s push for international trade in rupee: why and how

GS Paper 3 Syllabus: Indian Economy, Liberalization Direction: In economy, be clear with the basics.   Context: It came in the explained section of Indian Express, and argues why the government is pushing for international trade in Rupee. Current system: Most of the trade currently is in US dollar, wherein an importer needs to pay …

Competitiveness Roadmap for India@100

GS Paper 3 Syllabus: Indian Economy/Governance   Source: PIB Direction: Note down a few unique points e.g. 4S principle, other points are mostly common. No need to go in-depth into these academic reports.   Context:  Economic advisory council to PM and Institute for competitiveness has released “Roadmap for Better Growth- India @100”, to enable India …

With more young adults entering higher education and increasing job aspirations not matching their educational profile, the new National Employment Policy must accommodate for these trends. Discuss.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. With more young adults entering higher education and increasing job aspirations not matching their educational profile, the new National Employment Policy must accommodate for these trends. Discuss. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: The …

Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse

Topic: Inclusive growth and issues arising from it. 5. Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse (250 words) Difficulty level: Easy Reference: The Hindu Why the question: Key Demand of the question: To understand the dynamics between Inflation and economic growth and the role …

Around the world, major economies have been moving to embrace and launch central bank digital currencies (CBDCs). India must also explore CBDC after addressing concerns surrounding it. Analyse.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. Around the world, major economies have been moving to embrace and launch central bank digital currencies (CBDCs). India must also explore CBDC after addressing concerns surrounding it. Analyse. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: …

Critically analyse the trend of shrinking of the Informal sector in the recent years and the necessary precautions to be taken up with this new trend.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. Critically analyse the trend of shrinking of the Informal sector in the recent years and the necessary precautions to be taken up with this new trend. (250 words) Difficulty level: Tough Reference: Indian Express Why the question: SBI says …

The crisis of unemployment and jobless growth is a cause of concern which must be resolved at the earliest. Examine as to how can India avoid jobless growth in the post pandemic recovery phase?

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. The crisis of unemployment and jobless growth is a cause of concern which must be resolved at the earliest. Examine as to how can India avoid jobless growth in the post pandemic recovery phase? (250 words) Difficulty level: Difficult …

The banking sector is overburdened with compliance burden. In this context, discuss the role and the areas of focus, of the second Regulatory Review Authority (RRA 2.0).

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The banking sector is overburdened with compliance burden. In this context, discuss the role and the areas of focus, of the second Regulatory Review Authority (RRA 2.0). (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: RBI …

The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine. (250 words) Difficulty level: Easy Reference: Live Mint Why the question: The monetary policy committee (MPC) kept …

What is the purpose of setting up of National Asset Reconstruction Company Limited (NARCL) and why is it termed as Bad Bank? Discuss the factors that are essential for effective functioning of Asset Reconstruction Company.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment 5. What is the purpose of setting up of National Asset Reconstruction Company Limited (NARCL) and why is it termed as Bad Bank? Discuss the factors that are essential for effective functioning of Asset Reconstruction Company. (250 words) Difficulty level: …

Insights into Editorial: Pitfalls of RBI continuing to prioritise economic growth over inflation

  Context: Recently, India’s central bank released several key documents that further shed light on the challenges faced by the Indian economy as well as the RBI (as the authority regulating the monetary policy of the country). Many recall the key dilemma facing the RBI in the recent past has been the sharp trade-off between …

[Mission 2022] Insights into Editorial: Growth needs steps beyond reforms

    Introduction: The Indian economy has travelled through an eventful period through the last three decades. In the post-independence economic history of our country, 1991 stands out as a watershed year. This was the year in which the economy was faced with a severe balance of payments crisis. In response, we launched a wide-ranging …

Insights into Editorial: The promotion of competition is vital to the Indian economy

The Competition Act: The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India. Background: The Ministry of Corporate Affairs in October …

Labour Issues and Need For Labour Reforms in India

http://insightsonindia.com Background Democratic developing countries always have challenge of development which should benefit impoverished masses by way of providing employment and decent standard of living .Universal adult Franchise which is landmark of democracy gives voice to labor which is strong in numbers. These countries can’t ignore interest of labor in favor of industry and capital. …

GENERAL STUDIES – Answer Writing Challenge

Topics: Growth; Development; Employment; Inclusive growth and issues associated with it; and Government Budgeting   1. In the normal course of economic development of a country, the primary and the secondary sector provide a base for the services or tertiary sector to grow. However, in India, on the contrary, the services sector has ‘outperformed’ all …