Background: When British India was partitioned in 1947 into India and Pakistan, princely states were given the choice to join either country or remain independent. Maharaja Hari Singh, the ruler of the princely state of Jammu and Kashmir, initially chose …
Background: Sub-categorization of Scheduled Castes (SCs) and Scheduled Tribes (STs) refers to the division of these broad social groups into smaller sub-groups based on various factors such as social status, historical disadvantages, traditional occupations, and varying degrees of access to …
Background: The State Election Commissions(SEC) were created as an independent, autonomous constitutional authority under the Constitution of India as per the Provisions of the 73rd and 74th Constitutional Amendments Acts of 1992. As per Article 243-K and 243-ZA of the …
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. …