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GST Overhaul: Balancing Reform with Fiscal Prudence Syllabus: GS Paper – 3 Fiscal Policy, Inclusive Growth Why in the News? The recent overhaul of the Goods and Services Tax (GST), effective from September 22, 2025, rationalized the tax structure by eliminating the 12% and 28% slabs, redistributing items into 5% and 18% categories. While this …
Read MoreWhy in the news? The Union Ministry of Micro, Small, and Medium Enterprises (MSME) is amending the MSME Development Act, 2006 to improve mechanisms for managing disputes related to delayed payments and address evolving sector needs. The ministry plans to transform the Samadhaan portal from a dispute tracker to a comprehensive online resolution platform. Source: …
Read MoreSyllabus: GS 2: Government Policies and Interventions Important Legislation. GS 3 : Economy of Animal Rearing Focus: The killing of Jai, a community dog in Mumbai, has sparked public outcry, highlighting the need for stronger animal protection measures in India. Social media campaigns, such as #JusticeForJai, have mobilized public support and brought attention to the …
Read MoreSyllabus: GS-3:Indian economy and its related dimensions Focus : Vikshit Bharat envisions India’s transformation into a developed nation by 2047. In the context of agriculture, it aims to modernize the sector, enhance productivity, and ensure sustainable practices. By prioritizing agricultural growth, Vikshit Bharat seeks to achieve inclusive and balanced development, crucial for the nation’s overall …
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