Income Declaration Schemes are different from the other schemes
The Income Declaration Scheme and Dispute Resolution Scheme, 2016, are not amnesty schemes or schemes to reward dishonest taxpayers. Even the disclosure of foreign assets scheme was not an amnesty…
India rises to 2nd spot on global business optimism index
India improved its ranking by one spot in a global index of business optimism, with policy reforms and Goods and Services tax (GST) expected to become a reality soon, says…
Assessment of State Implementation of Business Reforms 2016
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, in partnership with the World Bank Group, is pleased to release the results of the Assessment of…
Universal Basic Income Issues-GS-3
Linking the proposed Universal Basic Income (UBI) with the thoughts and principles of Mahatma Gandhi, many challenges needed to be resolved before the UBI scheme becomes a reality. Proposed new…
An independent RBI is a chimera-GS-3
Introduction In recent months, the country has witnessed a raging debate on the independence of the central bank. It raises an important question: independence of whom, and independent of what?…
Cashless India: Challenges and benefits-GS-3
Greater usage of digital payments will save trillions of rupees for the Indian economy as it will help bring down the cost of cash, according to a report by payments…
Back to Basics-Day-02
Banking Correspondent (BC)Banking Correspondents (BCs) are individuals/entities engaged by a bank in India (commercial banks, Regional Rural Banks (RRBs) and Local Area Banks (LABs)) for providing banking services in unbanked / under-banked…
