UPSC Mains General Studies Paper III Topic: Economy Around 52% of the farming households are in debt as per the NSSO Situation Assessment Survey of Agricultural Households (2013) with interest rates touching as high as 89-92% in some states. The quantum of debt has increased a lot, especially from informal
Global Innovation Index 2018 UPSC Mains General Studies Paper II Topic: Social Justice Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. Download Global Innovation Index 2018 PDF What is Global Innovation Index 2018? Global Innovation Index is jointly released by Cornell
The Jal Marg Vikas Project will facilitate plying of vessels with capacity of 1,500-2,000 tonnes in the Haldia- Varanasi stretch of the River Ganga.
Major works that are being taken up under Jal Marg Vikas Project are the development of fairway, Multi-Modal Terminals, strengthening of river navigation system, conservancy works, modern River Information System (RIS), Digital Global Positioning System (DGPS), night navigation facilities, modern methods of channel marking etc.
Iran becomes India’s second biggest Oil Supplier: Between April 2018 and June 2018, Iran was the second-biggest crude oil supplier to Indian state refiners It replaced Saudi Arabia as the second-biggest oil supplier to Indian state refiners. How did Iran become becomes india’s second biggest Oil Supplier in this period? Thanks
NITI Aayog (National Institution for Transforming India): National Institution for Transforming India or NITI Aayog is a policy think-tank of Government of India. It replaces Planning Commission and aims to involve the states in economic policy-making in India. It will be providing strategic and technical advice to the central and the state governments i.e. by adopting
Pradhan Mantri Jan-Dhan Yojana (PMJDY) – Financial Inclusion Scheme Pradhan Mantri Jan-Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Under Pradhan Mantri Jan-Dhan Yojana (PMJDY) scheme: Account holders
Shanta Kumar Committee Report – FCI restructuring: Government of India had set up a High Level Committee (HLC) in August 2014 with Shri Shanta Kumar as the Chairman to suggest restructuring or unbundling of FCI with a view to improve its operational efficiency and financial management. HLC was also asked to
Mint Rural Distress Index: The index provides equal weightage to fall in farm wage growth, which affects the purchasing power of agricultural labourers, and fall in tractor sales growth, a proxy for rural sentiment and demand.The index captures more than just a fall in agricultural production, which is only one
Minimum Support Price Calculation- Ramesh Chand Committee: The committee was constituted by the Union agriculture ministry to examine the mandate of the Commission for Agricultural Costs and Prices (CACP) and various aspects of fixation of minimum support price (MSP). In its recommendations, it has suggested a complete revamp of methodology
Economy topics for UPSC 2015: Jan Dhan Yojana: Read about this Here: NITI Aayog (National Institution for Transforming India): Read about Niti Aayog Here: Shanta Kumar Committee – FCI Restructing: Read the Main points of the Report Here: Mint Rural Distress Index: A Mint index of rural distress is based