GS-III: Indian Economy & Development

Reduction in Interconnection Usage Charge (IUC)

September 30, 2017

The telecom sector in India is in doldrums in recent times. A new issue recently emerged when the telecom regulator TRAI revised the Interconnection Usage Charge (IUC) and brought them down from 14 paise per minute to 6 paise per minute from October 1, 2017. Understanding IUC Interconnection means...

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Q+A: Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya)

September 27, 2017

“Saubhagya” is a central government initiative to provide electricity connections to the remaining un-electrified houses both in rural as well as in urban areas, to achieve universal electrification in the country. The households in remote and inaccessible areas, where grid lines extention is not feasible, solar power pack and...

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Background: Narmada Bachao Andolan and Sardar Sarovar Dam

September 19, 2017

Fifty-six years after the foundation stone was laid, the Sardar Sarovar Dam project in Narmada district’s Kevadia has been inaugurated by Prime Minister Narendra Modi on September 17. The dam was dedicated to the nation by opening the 30 gates installed in it. On June 17, these gates were closed...

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India–Japan Relations: Overview of Important Topics

September 16, 2017

Here are some of the important topics on India-Japan Relations for quick overview for your examinations. Historical Trends in India-Japan Relations Rich cultural, literary and religious linkages coalesce to provide a positive bedrock to India-Japan relations. It is said that Japan first came into contact with India during the...

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Sovereign Gold Bond / Gold Monetization Schemes: Review of Performance

September 8, 2017

The government of India had launched two gold schemes in November, 2015 to reduce the demand for physical gold and shift the part of gold to financial savings; thus helping address country’s Current Account Deficit and fiscal deficit to some extent. After two years, it is found that the...

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The Case for Service Production Index

September 5, 2017

Unlike Index of Industrial Production (IIP), the services sector in India does not have a separate index to measure services production. The government is working on creating such an index. In a first, the government had come out with index for transport sector like railways, air transport, postal services,...

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India’s Energy Diplomacy: Key initiates, efforts done so far, way forward

September 3, 2017

Recently, Sri Lanka has invited India’s Petronet LNG to establish a liquid gas import terminal on the west coast of Sri Lanka in close vicinity of Colombo. This invitation is hailed as one of India’s major success in energy diplomacy as it signals India’s emergence as a gas bridge...

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The Code on Wages Bill, 2017

September 3, 2017

Note: We have discussed labour reforms earlier for several times. Labour and labour reforms come under the concurrent list except exceptional matters related to labour in safety mines and oil fields (which come under union list). Since the subject is concurrent, both states and centre are able to make...

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Price Policy Issues: Balancing Farmer and Consumer Interests

September 2, 2017

Food being a basic need, balancing the interests of producers and consumers will be one of the top priorities for any government. While the producers require incentives to grow enough, the consumers want the prices of the agricultural produce to be reasonable. While the government took consumer friendly measures...

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Demonetisation: Review of Outcomes

September 2, 2017

We have earlier discussed demonetisation here in previous documents. It again came under media scrutiny recently, when RBI’s annual report gave an almost complete picture of gains and losses from this policy adventure. It was thought that demonetisation would break the vicious black money cycle and, if followed by...

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