Mains Paper 3: Economy Prelims level: Consumer Protection (Direct Selling) Rules 2021 Mains level: Indian Economy issues Context: • The Government on December 28 notified the Consumer Protection (Direct Selling) Rules, 2021, that prohibits all direct selling entities such as…
Mains Paper 3: Economy Prelims level: Card tokenisation Mains level: Impact on the stakeholders by stressing on its significance Context: • Tokenisation refers to replacement of actual credit and debit card details with an alternate code called the “token”, which…
• The Central Government has released more than 27 thousand crore rupees so far under the Smart Cities Mission. Over 22 thousand crore rupees has already been utilized out of the total released amount. Six thousand 452 projects worth more…
• The Union Cabinet has given its approval to increase the Minimum Support Prices for copra increased to 10,590 rupees per quintal for 2022 season from 10,335 rupees per quintal. About MSP • Minimum Support Price (MSP) is a form…
• Union Finance Minister Nirmala Sitharaman informed the Lok Sabha that banks have recovered ₹13,109.17 crore by selling the assets of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi. About: • Talking about the recovery of ₹13,109.17 crore from…
• Solar Energy Corporation of India (SECI) has awarded a contract for setting up a 100 MW (AC) solar with 40 MW/120 MWh Battery Energy Storage System (BESS) project to be set up at Rajnandgaon, Chhattisgarh. About: • The project,…
• The World Bank’s fund to help the world’s poorest nations got a $93 billion injection of cash to help scale up aid for pandemic recovery and other programs, the institution announced. About: • It was the biggest replenishment ever…
Mains Paper 3: Economy Prelims level: Semiconductor Mains level: Indigenization of technology and developing new technology Context: • The Union Cabinet has approved a 76,000 crore scheme to boost the country’s semiconductor and display manufacturing. • The scheme would provide…
Mains Paper 3: Economy Prelims level: minimum support price Mains level: Farm and food subsidies Context: • The demand of farmers to provide a legal guarantee for the minimum support price (MSP) for their produce has triggered a nationwide debate.…
• The Department for Promotion of Industry and Internal Trade (DPIIT) has launched the Unified Logistics Interface Platform’s (ULIP) Hackathon – ‘LogiXtics’ in order to crowdsource more ideas that will benefit the logistics industry. About: • ULIP is designed to…
Mains Paper 3: Economy Prelims level: Food inflation Mains level: Importance of Food inflation in Agricultural Policy Context: • The showdown between the farmers and the Modi government may have ended, but the essential challenge of public policy for agriculture…
Mains Paper 3: Economy Prelims level: Agrifood life sciences ecosystem Mains level: Significance of the Agrifood life sciences ecosystem for Indian agriculture’s future Context: • Over the years, the Indian agriculture ecosystem has been transformed because of the technological impact.…
