Why a currency war is a worry?

Context: Recently Reserve Bank of India Governor Urjit Patel warned that trade wars among various countries may lead to a currency war. What does this expression mean, what leads to…

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The Fugitive Economic Offenders Bill (FEOB) 2018

Context: The Fugitive Economic Offenders Bill (FEOB) 2018 was cleared at the ongoing monsoon session of Parliament. It is a comprehensive legislation aimed at deterring fugitive economic offenders from evading…

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Footwear Design & Development Institute Act 2017

Introduction: Footwear Design & Development Institute (FDDI) has been declared an ‘Institute of National Importance’ under Ministry of Commerce & Industry, Government of India. The FDDI bill was passed by…

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Six steps to job creation

Introduction: India is indeed the fastest growing large economy in the world; yet with investment low, credit offtake low, capacity utilisation in industry low, agricultural growth low, plant load factor…

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Recommendations of the NK Singh (FRBM Review) Committee

The FRBM Review Committee headed by former Revenue Secretary, NK Singh was appointed by the government to review the implementation of FRBM. In its report submitted in January 2017, titled,…

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GST & Small and Medium Businesses

GST is breaking down barriers created by the older, complicated tax structures, paving the way for a unified marketplace and is making it easier to conduct business. While large corporates…

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National Trade Facilitation Action Plan

Finance Minister Arun Jaitley released the National Trade Facilitation Action Plan (NTFAP). The NTFAP was considered a major milestone for the global trading system. About the NTFAP: The NTFAP gives…

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