Background: The current and savings accounts (CASA) are banks’ easy sources of funding and currently account for 41 per cent of total deposits as against 43 per cent in 2022-2023. These accounts provide a stable source at a cheaper rate …
Mutual Respect – Respect each other’s development paths, social systems, and roles on the world stage. Mutual Understanding – Promote dialogue and communication to enhance understanding and political trust between the two nations. Mutual Trust – View bilateral relations strategically, …
Definition: Financial Inclusion is a process of providing access to appropriate banking and financial products and services for the vulnerable groups at an affordable cost. The target groups are women, low income groups, marginal farmers, urban slum dwellers, socially excluded …
Definition: Cross-border taxation is the term used to describe the tax-related legal and financial responsibilities that develop when people or businesses operate in many countries and are subject to the tax laws of those nations. International tax rules on allocating …
Background: India is a major exporter of Pharmaceuticals, with over 200 countries served by Indian pharma exports. India supplies over 50% of Africa’s requirement for generics, ~40% of generic demand in the US and ~25% of all medicine in the …
Background: For decades after independence, Europe has remained a relatively low priority for Indian foreign policy; it was narrowly based on the relations with Europe’s big four — Russia, Germany, France, and Britain. Over the last decade, India has sought …
Background: Mass employment with dignity requires productivity increases. The Budget and the Economic Survey had nudged the private sector to create jobs, it must be understood that the state also has a role in assuring quality jobs to the needy. …
Background: Migration of workers from one state to another state is a continues process, and dynamic in nature. As per the Report Migration in India, 2020-21, based on Periodic Labour Force Survey (PLFS) 2020-21, released by Ministry of Statistics and …
Background: Productivity and the income provided by the agricultural field is higher than India. With the start of agricultural reforms in 1978, the income of China’s farmers increased by more than 14 per cent per annum between 1978 and 1984. …
Background: Corporate governance refers to the framework of rules, practices, and processes by which companies are directed and controlled. Companies Act, 2013 is the main law to govern corporations in India. The modern corporate governance regimes in capitalistic and neo-capitalistic …