economy

V Anantha Nageswaran’s term as Chief Economic Advisor (CEA) Extended

Context: The government has extended the term of chief economic advisor (CEA) V Anantha Nageswaran by two years till March 2027. About Chief Economic Advisor (CEA) of India CEA is a key government official responsible for providing economic analysis and...

Building Resilient Telecom Infrastructure, Importance and Key Challenges

Context: The Coalition for Disaster Resilient Infrastructure has recently released a report assessing Indian telecom networks' preparedness in the event of disasters. The report provides recommendations for State governments to enhance disaster resilience in telecom infrastructure. Importance of Telecom Networks...

Trump on Reciprocal Tariff talks with PM Modi

Context: Recently US President Donald Trump has announced his plan to impose "reciprocal tariffs" on all countries. What are Reciprocal Tariffs? A reciprocal tariff is a tax or trade restriction imposed by one country in response to similar actions taken...

Centre is Planning to Raise the Deposit Insurance Limit

Context: The Indian government is considering increasing the bank deposit insurance cover beyond the current ₹5 lakh per depositor. About Deposit Insurance and Credit Guarantee Corporation (DICGC) Deposit Insurance Deposit insurance is a financial safety net that protects depositors from...

Sovereign Green Bonds, Purpose, Advantages and Challenges

Context: India’s SGrB issues have faced challenges in gaining investor interest, making it hard for the government to secure a greenium. What is Sovereign Green Bonds? Sovereign Green Bonds (SGrBs) are debt instruments issued by governments to raise funds for...

Surge in Soyabean Oil Imports from Nepal to India

Context: Imports from Nepal surged by 14 times during the April-November 2024 period compared to the same period in the previous year. About India's Soyabean Oil Imports India’s total soyabean oil imports increased by 19% during the April-November 2024 period,...

New India Co-operative Bank Crisis: RBI Freezes Withdrawals and Loan Issuance

The Reserve Bank of India (RBI) has imposed severe restrictions on New India Co-operative Bank, barring it from issuing new loans, accepting fresh deposits, or allowing withdrawals for six months. The central bank cited governance issues and financial instability as...

ASER Report 2024: Key Findings and Highlighted Challenges

Context: The Annual Status of Education Report 2024 was recently released. The report highlights significant improvements in learning outcomes, particularly in government schools, and attributes much of this progress to the New Education Policy (NEP) 2020. The recently released Annual...

Gender Budget in India 2025 and Women’s Economic Participation by 2047

Context: The Finance Minister in the recent Union Budget laid out a vision for Viksit Bharat (Developed India) with the goal of achieving 70% women in economic activities. The inclusion of women as a priority within this framework reinforces the...

Cocoa Shortage Will Squeeze Chocolate Makers in 2025

Context: Insufficient rainfall in most cocoa-growing regions of Ivory Coast may delay the start of the mid-crop season from April to September, potentially causing a cocoa bean shortage. About Cocoa Cocoa (Theobroma cacao) is a tropical tree whose seeds (cocoa...