Context: The United Nations Conference on Trade and Development has released its latest World Investment Report and projected that FDI to developing Asian economies could drop by as much as 45%. However, even in the midst of the COVID-19 pandemic, …
The Central Zoo Authority was established as a statutory body under the Ministry of Environment & Forests by the Government of India in the year 1992. The Authority consists of a Chairman, ten members and a Member Secretary. It is …
About: Namami Gange Programme is an Integrated Conservation Mission, approved as a flagship Programme by the Union Government in 2014 to accomplish the twin objectives of effective abatement of pollution and conservation and rejuvenation of National River Ganga. It is …
About FRBM Act Fiscal Responsibility and Budget Management (FRBM) Act was enacted in 2003 which set targets for the government to reduce fiscal deficits. It was mandated that both states and centre would cut the fiscal deficit to 3% by …
What is external debt? External debt is the portion of a country’s debt that is borrowed from foreign lenders through commercial banks, governments, or international financial institutions. Governments and eligible corporations can raise loans from abroad. Components of external debt …
About UNFPA UNFPA, the United Nations Population Fund, is an international development agency that promotes the right of every woman, man and child to enjoy a life of health and equal opportunity. Guided by the 1994 Programme of Action of …
What is PMI? Purchasing Managers’ Index is an economic indicator which indicates the business activity & economic health of both the manufacturing and service sectors. PMI of India is published by Japanese firm Nikkei but compiled and constructed by IHS …
About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature before the release of Index of …
The United Nations hosted its first Conference on the Human Environment in Stockholm, 1972 which resulted in the Stockholm Declaration of 1972. The declaration emphasizes to lessen air, land, and water pollution and human impact on the environment. India enacted …
Context: Over the past decade, hegemonic China has strengthened its economic and military ties with India’s neighbours in South Asia as part of its global expansionism, which could pose a challenge for India How does China exert its influence in …