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Central Bank Digital Currency

Mains > Economic Development > Indian Economy and issues > Economic growth

IN NEWS: The Reserve Bank of India’s (RBI) Central Bank Digital Currency (CBDC) may be introduced in phases beginning with wholesale businesses in the current financial year. DIGITAL CURRENCY: Digi...

iTips

For Mains, questions on Central Bank Digital Currency (CBDC) and cryptocurrency can be asked in GS 3 (Economic development, Science and technology, money laundering).
For Prelims, questions on the names of recent CBDCs and cryptocurrency, basics of Central Bank Digital Currency (CBDC) and their impact on economy can be asked.

AUG 26

Fake Indian Currency Notes (FICN)

Mains > Security > Money laundering > Economic growth

IN NEWS: The value of the counterfeit currency in the banking system recorded a sharp decline of more than 80% between 2016-17 and 2021-22, according to a Finance Ministry reply in the Lok Sabha. However, as per...

iTips

For Mains, questions on FICN can be asked in GS 3 (Security)
For Prelims, questions on demonetisation, monetary policy, India’s border security forces etc may be asked.

AUG 18

Delay in Unified Labour codes

Mains > Economic Development > Indian Economy and issues > Economic growth

IN NEWS: The Code on Wages (2019), the Industrial Relations Code (2020), the Code on Social Security (2020), and the Code on Occupational Safety, Health and Working Conditions (2020) have not yet been implemented. ...

iTips

For Prelims, questions on the features of the labour codes can be asked.
For mains, questions on labour codes can be asked in GS 3 (Economic development)

JUL 26

Policy for use of Land Acquired under CBA Act

Preliminary > Economic Development > Miscellaneous > Economic growth

Why in news? The Union Cabinet recently approved a policy for use of lands, which are mined out or are practically unsuitable for mining, to develop and set up infrastructure relating to coal and energy. The poli...

APR 15

Farm loan waiver

Mains > Economic Development > Indian Economy and issues > Economic growth

IN NEWS: Major political parties have promised farm loan waivers in the run-up to the assembly elections in Goa, Punjab, Uttar Pradesh, Manipur and Uttarakhand in February/March 2022. FARM LOAN WAIVERS: ...

iTips

For Mains, questions on farm loan waivers can be asked in GS 3 (Economic development). The content can also be used in questions related to agrarian distress and banking sector issues like NPA crisis.
For Prelims, basic questions on NPA, various government schemes and the impact of farm loan waivers on economy can be asked.

FEB 18

Consumer Protection (Direct Selling) Rules, 2021

Preliminary > Economic Development > Miscellaneous > Economic growth

Why in news? The Government on December 28 notified the Consumer Protection (Direct Selling) Rules, 2021, that prohibits all direct selling entities such as Amway, Tupperware, Oriflame and Modicare, from promoting ...

DEC 30

Insolvency and Bankruptcy Code (IBC)

Mains > Economic Development > Indian Economy and issues > Economic growth

WHY IN NEWS: In its recently released report, GN Bajpai committee has suggested Insolvency and Bankruptcy Board of India (IBBI) to come up with a standardised framework with a real-time data bank, with data on time...

iTips

Mains: Questions related to Insolvency and Bankruptcy Code (IBC) can be expected. This input can also be used in answering questions related to Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Prelims: Questions related to Insolvency and Bankruptcy Board of India, National Company Law Tribunal etc can be asked.

NOV 17

SOVEREIGN CREDIT RATING

Mains > Economic Development > Indian Economy and issues > Economic growth

IN NEWS: Ratings agency Moody’s recently changed India’s sovereign rating outlook from ‘negative’ to ‘stable’. The agency, however, maintained the country’s credit rating a...

iTips

The Economic Survey 2020-21 has discussed the issues surrounding sovereign credit rating and its impact. Hence for mains questions on sovereign credit rating can be asked in GS 3.
For Prelims, questions on sovereign credit rating criteria, rating categories etc. may be asked.

OCT 21

PM-MITRA scheme

Preliminary > Economic Development > Miscellaneous > Economic growth

Why in news? Union Cabinet recently approves seven mega textile parks under PM-MITRA scheme, allocates Rs 4,445 crore for next five years. About PM MITRA scheme: PM MITRA (Mega Integrated Textile Region ...

OCT 7

SPECIAL ECONOMIC ZONES (SEZ)

Mains > Industry and infrastructure > Infrastructure & Investment models > Economic growth

IN NEWS: The government is considering a proposal to allow producers in Special Economic Zones (SEZs) to sell their output to the domestic market without treating them as imports. The government will soon free up...

iTips

For Prelims, questions on the features of SEZs in India, the SEZ Act, 2005 and its objectives can be asked.
For Mains, questions on SEZs can be asked in GS 3. The content can also be used in questions related to promotion of export, development of manufacturing sector, generating employment and investment etc.

SEP 9