Context: The disinvestment programme in its current form is not working as desired and thus needs to be reviewed. What is Disinvestment? Divestment or disinvestment means selling a stake in a company, subsidiary or other investments. Governments resort to divestment …
India’s logistics performance India ranked 44 in the logistics performance index-2018 prepared by the World Bank. India’s logistics costs add up to around 13 per cent of gross domestic product which is quite high compared to developed economies such as …
Context The U.S. Federal Reserve has increased its benchmark interest rate by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes. The Fed’s move raised its key …
Background In 2020, as a part of the announcements made under the Atmanirbhar Bharat, the Central government allowed commercial mining in the coal sector. What is commercial mining? Commercial mining allows the private sector to mine coal commercially on a …
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. These industries are likely to impact …
About the Index Global Innovation Index (GII) is co-published annually by Cornell University, INSEAD Business School, and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations. GII ranks global economies according to their innovation capabilities, using …
About InvITs Infrastructure and real estate are the two most critical sectors in any developing economy. A well-developed infrastructural set-up propels the overall development of a country. It also facilitates a steady inflow of private and foreign investments, and thereby …
The Government of India (GoI) introduced the GST Council to modify, regulate and reconcile the goods and services tax in India. The Council replace all the existing multiple taxation process and introduce new taxation methods to ease the taxation process …
The traditional approach to federalism that sees competition and cooperation at loggerheads is no longer relevant in the post-1990s scenario. Indian federalism today enables the Centre and states to function with both exclusivity and mutualism. The new approach has shown …