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Current Affairs

Indicators Of Price Change

Indicators of price change reflect shifts in the economy. They include inflation rates, consumer price indices, and producer price indices. These metrics help assess the cost of living and purchasing power. They influence monetary policy and economic planning. Understanding these indicators is crucial for businesses and consumers alike. They provide insights into market trends and economic stability.

Direct Benefit Transfer

Direct Benefit Transfer (DBT) is a major governance reform initiative launched by the Government of India on January 1, 2013. It aims to re-engineer the public delivery system...

 May 22, 2026

North & South Belt Regions

In the ever-changing landscape of global economics and geopolitics, certain regions stand out as crucial players due to their strategic location, resources, and socio-economic significance. Two such regions...

 August 17, 2023

UPSC Civil Services (Mains) Examination Economics Syllabus

Paper ' I 1. Advanced Micro Economics: (a) Marshallian and Walrasiam Approaches to Price determination. (b) Alternative Distribution Theories: Ricardo, Kaldor, Kaleeki (c) Markets Structure: Monopolistic Competition, Duopoly,...

 December 27, 2022

Price

India is a mixed economy in which both public and private institutions coexist. Today, most countries, including India, are trying to strengthen market economies where private institutions predominate....

 December 8, 2022

Inflation – Meaning and Causes

The decrease in purchasing power of a given currency over time is known as Inflation. An assessment of decline in purchasing power can be reflected in the increase...

 November 30, 2021

India’s Economic Growth Slows to 11-Year Low

The National Statistical Office (NSO) has recently released provisional data suggesting that the economic growth of India has dropped to an 11-year low of 4.2% in 2019-20. Growth...

 May 29, 2020

Sweden Tops WEF’s Global Energy Transition Index

The World Economic Forum (WEF) has recently published its annual Energy Transition Index rankings. These rankings use a detailed examination of 115 economies to assess their energy systems'...

 May 13, 2020

Union Minister Presents India’s Budget 2020-21

The Union Minister of Finance has recently presented the Budget for the fiscal year 2020-21.  Important macroeconomic indicators and changes in taxation in India has been laid out...

 February 2, 2020

PM-SHRI (PM Schools for Rising India)

Pradhan Mantri Schools for Rising India (PM-SHRI) is a centrally sponsored scheme launched on September 7, 2022, by the Ministry of Education, Government of India. The scheme is...

 June 3, 2019

Tilak’s Political Ideas

Bal Gangadhar Tilak transformed the conceptual definition of Swaraj within the Indian National Movement. While the Moderates viewed self-government as a gradual process of administrative reforms and colonial...

 May 5, 2019

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