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Syllabus: GS 1: Population and associated issues Why in the News? India is at the peak of its demographic advantage with 67.3% of its population in the working age group (15-59 years). However, poor education, health, and nutrition threaten to derail this advantage, raising concerns about a future crisis with a skill-deficient, ageing population. India’s …
Read MoreWhy in the news? India’s forex reserves increased by $1.5 billion to $658.1 billion after an eight-week decline, driven by RBI interventions and fluctuating foreign portfolio investments, enhancing economic stability. Forex Reserves Surge After Eight-Week Decline: India’s foreign exchange reserves increased by $1.5 billion, reaching $658.1 billion. The surge follows an eight-week decline in reserves, …
Read MoreRelevance: GS 2 – Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Why in the News? The partnership traces back centuries, linked through ancient trade routes and cultural exchanges. The UAE, located on the Arabian Peninsula, has historically served as a key trading partner and gateway to the Gulf region …
Read MoreWhy in the news? November 2024 GST collections rose 8.5% YoY to ₹1.82 trillion, reflecting festive-driven demand. However, collections were slightly below October’s ₹1.87 trillion, highlighting uneven regional performance and potential economic recovery concerns for upcoming months. About the GST Collections in November 2024: GST collections for November 2024 reached ₹1.82 trillion, an 5% year-on-year …
Read MoreRelevance: GS – 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment; Conservation, environmental pollution and degradation, environmental impact assessment. Why in the News? India aims to achieve a $5 trillion economy and become the world’s third-largest economy in the next five years. Achieving this ambitious goal depends …
Read MoreWhy in the news? RBI and Maldives Monetary Authority signed an MoU to promote using Indian Rupee and Maldivian Rufiyaa for cross-border transactions, enhancing trade and deepening economic ties. MoU Between RBI and Maldives Monetary Authority: The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU). The …
Read MoreSyllabus: GS 2: India and its neighbourhood relations Bilateral , Regional and Global Agreements involving India Why in the News? The recently published India-UAE Bilateral Investment Treaty (BIT) showcases India’s updated investment treaty practices, influencing its negotiations with the UK and EU. This treaty replaces the 2014 agreement and signals evolving policies. India’s Model Bilateral …
Read MoreSyllabus: GS-2: Government Policies & Interventions GS-3: Inclusive GrowthGrowth & Development Focus: Recent reports highlight the paradox of stagnant rural wages despite significant GDP growth in India. While the economy expands, real wages for rural workers have declined, raising concerns about the sustainability of rural livelihoods and the effectiveness of policies aimed at improving economic …
Read MoreWhy in the news? Commerce Minister Piyush Goyal announced India’s forex reserves exceeding $700 billion, highlighting the nation’s economic growth and commitment to sustainable practices during the SHRM India Annual Conference 2024. About India’s Economic Growth and Forex Reserves: Ministerial Announcement: Commerce and Industry Minister Piyush Goyal announced that India’s foreign exchange reserves have exceeded …
Read MoreWhy in the news? President Droupadi Murmu, during her historic visit to Malawi, emphasised enhancing cooperation between India and Malawi in various fields. This visit marked the first-ever by an Indian President, highlighting strong economic and diplomatic ties. About India-Malawi Relations: President Droupadi Murmu highlighted the cordial and friendly relations between India and Malawi. India …
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