India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
SYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: In the latest meeting, the Reserve Bank of India’s Monetary Policy Committee (MPC) maintained the repo rate at 6.50% for the eighth consecutive time, citing the persistent threat of food inflation as a key concern. Source: TOI …
Read MoreSyllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article emphasizes that the mandate from the 2024 elections centers on prioritizing economic governance over ideological pursuits. It highlights the necessity for the new government to focus on economic growth, job creation, and reducing regional disparities. The coalition dynamics …
Read MoreWhy in the news? India’s fiscal deficit for FY24 stood at 5.6% of GDP, lower than the revised estimate of 5.8%, due to better revenues and expenditure management. The government targets a fiscal deficit of 5.1% for FY25, aiming for further reduction below 4.5% by 2025-26, leveraging a potential dividend from the Reserve Bank of …
Read MoreSyllabus: GS-3- RBI and its functions , Monetary policy of India Focus : The article focuses on the Reserve Bank of India’s record surplus transfer of ₹2.11 lakh crore to the Union Government for 2023-24. This substantial financial boost provides the new government with significant fiscal flexibility, enabling increased capital spending, bridging fiscal deficits, and …
Read MoreEconomic reforms refer to the significant policy shifts that a country undergoes to transform its economic structure, usually from a predominantly state-controlled or planned economy to a market-oriented economy. These reforms are typically characterized by liberalization, privatization, deregulation, and globalization. They aim to enhance the efficiency and competitiveness of the economy, attract foreign investment, stimulate …
Read MoreSyllabus: GS-2 :Public health and expenditure by government . its impact and challenges therein. Focus : This article critically examines the trends in public health spending in India, shedding light on recent increases attributed to the States rather than the Union government. It analyzes the impact of the COVID-19 pandemic on spending patterns, explores shifts …
Read MoreUnderstanding Public Finance Public finance is a crucial branch of economics that deals with the assessment of government revenue and expenditures. It aims at modifying these financial activities to achieve desirable outcomes and avoid adverse effects. This field covers the management of public money, including aspects such as the money a government receives, spends, borrows, …
Read MoreMeaning of Central Bank A central bank is the primary financial institution of a country responsible for managing the nation’s monetary policy and regulating its banking system. Unlike commercial banks, a central bank has the exclusive authority to expand the nation’s monetary base. Central banks worldwide are tasked with ensuring the stability of the financial …
Read MoreSYLLABUS: GS 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Focus: Talks of reintroduction of inheritance tax as a part of political conversation in the present Lok Sabha election cycle is catching up. Understanding Inheritance Tax Nature of Tax: Inheritance tax is imposed on …
Read MoreSyllabus: GS 3: Indian Economy and issues . Taxation and Tax reforms Government Budgeting Policy Transformation Why in the News? Recent tax data revealing a surge in personal income tax collections and a decline in corporate tax revenues have sparked discussions on India’s tax system’s fairness and effectiveness. The shift towards greater reliance on personal …
Read More
