Wednesday, 24 July, 2019

Author: civils aspirant


The Union Cabinet has approved Banning of Unregulated Deposit Schemes Bill to put curbs on raising money illegally. Key Terms: Unregulated deposit scheme: A deposit-taking scheme is defined as unregulated if it is not registered with regulators such as Ministry of Read more…


According to the recent global MPI 2019 report, between 2005-06 and 2015-16, India lifted 271 million out of poverty, significantly reducing deprivations in many of the ten indicators, particularly in “assets, cooking fuel, sanitation and nutrition”. What is the global MPI? The Read more…


To boost connectivity of villages with hospitals, schools and markets, the Centre has recently approved the launch of Phase-3 of Pradhan Mantri Gram Sadak Yojana (PMGSY) to widen and revamp 1.25-lakh km of roads in the country. Background PMGSY-III scheme was announced by Read more…


Sovereign Bonds: During the recent Budget, the Indian finance minister announced plan of the government of India to borrow in foreign currency to finance the fiscal deficit. The plan is to raise up to 10-15% of government borrowing — $10 Read more…


India to be the most populous by 2027: The United Nations recently released the 26th revision of World Population Prospects. It forecast that India will overtake China as the most populous country by 2027.  Demography and population polices meant India Read more…