[Reports and Indices] World Investment Report 2020

Context Recently, the United Nations Conference on Trade and Development (UNCTAD) released the World Investment Report 2020. The report monitors the global as well as regional FDI trends and also documents the national and international investment policy developments.  About the Report According to the report, global FDI flows are forecast to decrease Read More …

Athirappilly Hydroelectric project

Context Recently, the Kerala government has granted permission to the Kerala State Electricity Board to obtain the statutory clearances for the Athirappilly hydroelectric project. The controversial power project is proposed in the ecologically sensitive Chalakkudy river basin in Thrissur district, Kerala. Important Facts for Prelims The move has evoked strong response from tribal people Read More …

What is Border Adjustment Tax ?

Context Recently, a NITI Aayog member has favored imposing a Border Adjustment Tax(BAT) on imports to provide a level-playing field to domestic industries. What is Border Adjustment Tax? a duty that is proposed to be imposed on imported goods in addition to the customs levy that gets charged at the port of entry. a fiscal Read More …

India’s foreign exchange reserves are rising

Context Unlike in 1991, when India had to pledge its gold reserves to stave off a major financial crisis, the country can now depend on its soaring foreign exchange reserves to tackle any crisis on the economic front. India’s foreign exchange reserves are rising and are slated to hit the Read More …

What is Gross Value Added

Context Recently the National Statistical Office (NSO), released its provisional estimates of national income for the financial year 2019-20. The release also detailed the estimates of the Gross Value Added, or GVA, at basic prices for the four quarters of 2019 as well as the comparable quarterly data for the Read More …

Payments Infrastructure Development Fund (PIDF).

Context Recently, the Reserve Bank of India (RBI)has announced the creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF). About the Fund This fund has been created to encourage acquirers to deploy point of sale (PoS) infrastructure, both physical and digital, in tier-3 to tier-6 centres and north eastern states. Read More …

Kohala Hydropower Project 

Context Recently China will be setting up a Kohala hydropower projectin Pakistan-occupied Kashmir (PoK)under China-Pakistan Economic Corridor (CPEC). India has already objected to the construction of the hydropower project.. Details about the Project The Kohala hydropower project will be built on the Jhelum river. India has opposed the move on the grounds that the entire Read More …

Social Stock Exchange (SSE)

Context A working group constituted by the Securities and Exchange Board of India (SEBI) on social stock exchanges has recommended allowing non-profit organisations to directly list on such platforms while allowing certain tax incentives to encourage participation on the platform. About SSE The idea of a social stock exchange (SSE) Read More …

PM Swanidhi Scheme

Context Union Government launched PM SVANIDHI – Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi – a special micro-credit facility scheme for providing affordable loan to street vendors. The scheme is aimed at enabling the street vendors to resume their livelihoods that have been adversely affected due to COVID-19 lockdown. About the Read More …

Kisan Credit Card (KCC)

Context The government will provide Kisan Credit Card (KCC) to 1.5 crore dairy farmers belonging to milk unions and milk producing companies within the next two months (1st June-31st July 2020) under a special drive. The special drive to provide KCC to 1.5 crore dairy farmers is part of the Read More …