Monetary Policy statement signalled a shift in focus from reviving growth to mitigating risks posed by inflation. Although it has kept the policy rates unchanged for now, it indicated a possible hike in repo rates going forward. Reasons for inflation …
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InVITs) were launched in India in 2014. Furthermore, the Securities and Exchange Board of India (SEBI) regulates these investment schemes. What are REITs? A Real Estate Investment Trust (REIT) is a …
Green manures are crops grown specifically for building and maintaining soil fertility and structure, though they may also have other functions. They are normally incorporated back into the soil, either directly, or after removal and composting. Why use green manures? …
Around 200 million Indians work in dairy and animal farming, but low production is due to a shortage of high-quality fodder and feed. According to the Indian Grassland and Fodder Research Institute, India lacks 23.4 kg of dry fodder, 11.24 …
India was a food-deficit country on the eve of Independence. It had to import foodgrains to feed its people. The situation became more acute during the 1960s. The imported food had to be sent to households within the shortest possible …
Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except …
India currently has 15 conventional diesel-electric submarines (SSKs) and one nuclear-powered ballistic submarine (SSBN). The majority of India’s submarines are over 25 years old, and many are now undergoing refurbishment. Submarine technologies of Indian defence system Diesel Electric To move, …
Cooperatives have been contributing substantially to our economy — accounting for about 30 per cent of sugar, 20 per cent of milk, 30 per cent of fertilisers and 15 per cent of agricultural credit. While there are sterling examples of …
The term central bank digital currency (CBDC) refers to the virtual form of a fiat currency. A CBDC is an electronic record or digital token of a country’s official currency. As such, it is issued and regulated by the nation’s …
As per the latest data, coal stocks at more than 100 thermal power plants in India have fallen below 25% of the required stock (critical mark). In more than 50 thermal plants, the stock has fallen below the 10% mark, …