In News Recently, the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation, has released the Provisional Estimates of National Income for the financial year 2020-21, both at Constant (2011-12) and Current Prices. The NSO attributed improvement in growth estimates to the improved performance of indicators, used in compilation of GVA, in the Q4 […]
In News Recently, the Reserve Bank of India (RBI) has released its annual report for 2020-21. Key Highlights Impact of Covid-19 Waves While the economy has not moderated to the extent during the first wave of Covid-19, the surrounding uncertainties can act as a deterrent in the immediate period. The onset of the second wave […]
In News Recently, the Ministry of Commerce and Industry has highlighted the growth of the Foreign Direct Investment (FDI) flows into India. Key Highlights FDI grew 10 per cent in 2020-21 and touched a record USD 81.72 billion. In 2019-20, India had received USD 74.39 billion in FDI. FDI equity inflows rose 19 per cent […]
In News The government released the First Advance Estimates (FAE) at the start of January 2021 and the Second Advance Estimates (SAE) in February 2021, which showed the impact of Covid-19 on the finances of the Centre and the States in 2020. Key Highlights First Advance Estimates The Gross Domestic Product (GDP) would contract by […]
In News The ongoing second wave of the Covid-19 pandemic has highlighted the woes of the informal workers and the loopholes in the Social Security (SS) Code, 2020. Social Security Code, 2020 It was passed by the Indian Parliament in September 2020 along with three other labour codes, namely Code on Wages, 2019 Occupational Safety, […]
In News Recently, the Telangana state government has selected 16 primary healthcare centres (PHCs) spread around Vikarabad area hospital for pilot testing the ambitious project ‘Medicine from the sky’. More in News The area hospital has been selected as the central point owing to the presence of cold chain facilities and the selected PHCs are […]
In News Recently, the Centre for Monitoring Indian Economy (CMIE) has highlighted that unemployment is rising among the salaried class which leads to shrinking real incomes and a lack of demand. Key Highlights Data Analysis Unemployment rose to 8 percent in April 2021, from 6.5 per cent in March 2021. The Labour Force Participation Rate […]
In News Recently, India has chaired the First BRICS Employment Working Group (EWG) Meeting, held virtually. Participants: Representatives of member nations (Brazil, Russia, India, China and South Africa), the representatives of International Labour Organization (ILO) and International Social Security Agency (ISSA) also made valuable interventions and suggestions on the agenda issues. Prime Agendas of the […]
In News Recently, courts have passed strict orders against fake drugs and hoarding and black-marketing of medicines and medical devices. Hoarding is stocking up items in anticipation of shortage or scarcity of items and it, in itself is not a crime but selling hoarded drugs without a licence is. Black marketing means charging a premium […]
In News Recently, the National Institution for Transforming India (NITI Aayog) and Mastercard have released a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’. About the Report It is based on five roundtable discussions which were held in October and November 2020. It highlighted key issues and opportunities on policy and […]
8081300200
Live/Online Class