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12May 2025

Improved Repo Rate Transmission Enhances Monetary Effectiveness

Improved Repo Rate Transmission Enhances Monetary Effectiveness Syllabus: GS-3: Banking Sector & NBFCs , Statutory Bodies , Monetary Policy , Growth & Development Focus: The Reserve Bank of India (RBI) has improved its monetary policy transmission significantly over the past few years, especially in the context of repo rate adjustments. A combination of regulatory shifts, …

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28Mar 2025

Parliament Approves Finance Bill 2025, Finalizes Budget Exercise

Why in the News ? The Parliament has completed the Union Budget 2025-26 process with the Rajya Sabha returning the Finance Bill 2025 to the Lok Sabha, including 35 amendments. This marks the conclusion of the annual budgetary exercise for the upcoming fiscal year. About the Parliamentary Approval of Union Budget 2025-26: The Parliament has …

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22Feb 2025

RBI’s Quality of Public Expenditure Index: Key Insights

Why in the News? The RBI’s latest report on the Quality of Public Expenditure (QPE) Index highlights improved fiscal management in India. It assesses capital and revenue spending trends since 1991, showing better public expenditure quality, especially with a focus on capital investment post-COVID-19. Context & Background: The Reserve Bank of India (RBI) has developed …

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01Feb 2025

Household Consumption Survey Reveals Economic Inequality Decline

Why in the news? The Ministry of Statistics and Programme Implementation released the 2023-24 Household Consumption Expenditure Survey, highlighting reduced urban-rural consumption gaps, declining Gini coefficients, and improved economic well-being across India, reflecting increased economic inclusivity and balanced development. Urban-Rural Consumption Gap: The urban-rural consumption disparity has declined across major states, indicating balanced economic growth. …

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01Feb 2025

India’s Economic Survey 2024-25 Highlights Growth Amid Challenges

Why in the news? The Economic Survey 2024-25 was tabled by Finance Minister Nirmala Sitharaman, outlining India’s steady economic growth amidst global uncertainties, with recommendations for deregulation and business-friendly reforms to boost consumption, employment, and innovation. Global Economic Concerns: The 2024-25 Economic Survey highlights the unfavorable global economic environment. Global trade and investment have slowed, …

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04Jul 2024

GEOPOLITICAL TENSIONS AND ECONOMIC DECOUPLING

Syllabus: GS-3- Trade conflicts, impact on International Relations and global economy Focus : The article explores the implications of the recent U.S. decision to impose additional tariffs on Chinese imports, highlighting the potential for increased economic decoupling between the West and China. It examines the broader impacts on global trade, manufacturing, healthcare, and renewable energy, …

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27Jun 2024

RETHINKING INDIA’S TRADE POLICY BARRIERS

Syllabus: GS-3- Free and Fair Trade , WTO , Implications and Challenges for India , Related Solutions Focus : The article focuses on India’s counterproductive trade policy barriers, particularly high tariffs on electronic components and textiles, and the need for a strategic overhaul. It highlights the Confederation of Indian Industry’s recommendations for reducing tariffs, encouraging …

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05Jun 2024

“STRATEGIES FOR SUSTAINABLE ECONOMIC GROWTH IN INDIA”

Syllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article discusses the necessary steps the incoming Indian government should take to ensure rapid economic growth through sustainable and inclusive development. It emphasizes the need to address agricultural employment, boost consumption, improve infrastructure, enhance manufacturing, and leverage technology while …

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04Jun 2024

“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

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03Jun 2024

FINANCE COMMISSION

Introduction The Finance Commission in India is a constitutional body responsible for allocating financial resources between the central government and the States. It promotes fiscal stability, fiscal autonomy for States, and the equalization of public services. Established under Article 280 of the Indian Constitution, it operates on a five-year cycle, impacting fiscal relations significantly and …

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