Recently the Cabinet has approved three schemes including a Production linked incentive scheme to boosts production of electronic goods in the country. This schemes has a total outlay of around 48000 crore . This news is related to the topic, Indian economy of GS 3. Details about the schemes and its importance and need can be important for both mains and prelims.
In a major step towards Financial sector reform, the cabinet likely approves the Bilateral Netting of Qualified Financial Contracts Bill, 2020. The economic survey 2019 -20 advocated for bilateral netting financial contracts, currently, it is [Read More]
Relevance: According to the latests data released by National Statistics Office (NSO) India’s Gross Domestic Product (GDP) contracted by 23.9% during the April-June 2020 quarter in comparison to the corresponding period of last year. The [Read More]
Relevance: India has witnessed a rapid growth in number of vehicles from 5.4million in 1981 to 210 million in 2015. This increase in number of vehicles had led to problems like increase in air pollution, [Read More]
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