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Monthly Archives: February 2023

Hydroelectricity

Hydroelectricity in India, Definition, Advantages, Limitations

Hydroelectricity Hydroelectricity refers to the electricity derived from the energy of moving water. It is a renewable source of energy.  Hydroelectricity is produced when moving water rotates a turbine. With the aid of an electrical generator, this movement is transformed into electricity. The power plant where Hydroelectricity is produced is known as a hydroelectric power …

Rare Earth Elements

Rare Earth Elements, Metals, Minerals, Applications, Significance

Rare Earth Elements (REE) According to the International Union of Pure and Applied Chemistry, rare earth minerals are a group of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides, as well as scandium and yttrium. This article provides a brief overview of India’s vast reserves of rare earth minerals, as well as …

Precious Metals & Gems

Precious Metals and Gems, Gold, Diamond, Silver, Platinum

Precious Metals and Gems Precious stones are distinguished by their high quality, scarcity, and colour appeal. Because diamond, sapphire, ruby, and emerald are the only four precious stones, all other gemstones are classified as semi-precious. Their hardness, which translates to scratch resistance, also helps to distinguish them. Read More: Cobalt Ore Precious Metals and Gems …

Fiscal Policy

Fiscal Policy Meaning, Objectives, Instruments, Types, Tools, Examples

Fiscal Policy Meaning Fiscal Policy refers to the use of government spending and tax policies to affect macroeconomic conditions, particularly employment, inflation, and macroeconomic variables such as aggregate demand for goods and services. These actions are primarily intended to stabilize the economy. To accomplish these macroeconomic objectives, fiscal and monetary policy actions are usually combined. …

Non-metallic Minerals

Non-Metallic Minerals, Examples, Uses, Properties, Distribution Map

Non-Metallic Minerals Non-metallic minerals are minerals that do not contain metal elements. Because they do not contain any metallic elements, Non-metallic Minerals are typically found in sedimentary rocks and young folded mountains. Read More: Cobalt Ore Non-Metallic Minerals Examples Here are some examples of Non-Metallic Minerals: Rocks and Stones: Limestone, granite, marble, sandstone, basalt, etc. …

Tax Tweaks in Budget will Provide Impetus for Growth

Editorial of the Day: Tax Tweaks in Budget will Provide Impetus for Growth (The Hindu Businessline)

Context of the Article: The Budget 2023 presents a solid roadmap for India’s growth trajectory with guiding principles set around inclusive and sustained growth. Author’s Views on Taxation Tax buoyancy: Formalisation of the economy, implementation of GST, and digitalisation have been major drivers of tax buoyancy — both indirect tax and GST collections. Rationalising tax: …

Rajasthan’s Open Prison Model

Case Study of the Day: Rajasthan’s Open Prison Model

Rajasthan’s Open Prison Model Background Rajasthan has adopted an open prison model, with convicts staying on community land without high walls or strict surveillance, which has promoted a reformative form of punishment and succeeded in transforming the lives of inmates. About the Open Prison Model of Rajasthan According to the Rajasthan Prisoners’ Open Air Camp …

Framework for green bonds

Framework for Green Bonds

Context: Capital markets regulator SEBI (Securities and Exchange Board of India) has issued the operation guidelines for the issuers of green debt securities (green bonds). Major Highlights of the Framework for Green Bonds The need for the framework: It has been issued in the backdrop of growing interest in sustainable finance globally and to align …