All posts by category: Economic and Social Development

Sovereign gold bond scheme
August 01st 2017

Sovereign gold bond scheme

Sovereign gold bond is a scheme designed to reduce the import of physical gold and thereby reducing India’s current account deficit[CAD]. Under the scheme citizens can hold paper gold. How does the Sovereign gold bond work? Similar to bank deposits, instead of cash, gold is held by people under this scheme.  When gold bond is […]

The Insolvency and Bankruptcy Code, 2016 – Explained
June 28th 2017

The Insolvency and Bankruptcy Code, 2016 – Explained

The insolvency and Bankruptcy Code which makes it easier to wind up operations of a company has been in the news for some time. Let’s have a look at what it is. What do you mean by insolvency and bankruptcy? Insolvency is the inability to pay the debts owned and Bankruptcy is a legal status […]

Universal Basic Income
February 04th 2017

Universal Basic Income

What is universal basic income? Universal Basic Income is a form of social security paid to individuals, not households, and it is paid to everyone. That’s how it becomes universal. It can be paid in kind (such as food or services) or in vouchers or can be a direct transfer into bank accounts to help […]

Chapter 01- Economic Outlook and Policy Challenges – Highlights of Economic Survey 2016-17
February 01st 2017

Chapter 01- Economic Outlook and Policy Challenges – Highlights of Economic Survey 2016-17

Economic Outlook and Policy Challenges Briefly on the chapter: The Economic Survey of 2014-15 spoke about the sweet spot for the Indian economy that could launch India onto a trajectory of sustained growth of 8-10 percent. The “Sweet Spot” mentioned in 2014-15 aroused out of the following factors: A Strong Political Mandate the Modi government […]

Chapter 02 – The Economic Vision for Precocious, Cleavaged India – Highlights of Economic Survey 2016-17
February 01st 2017

Chapter 02 – The Economic Vision for Precocious, Cleavaged India – Highlights of Economic Survey 2016-17

The Chapter 02 of Economic Survey 2016-17 briefly discusses the growth performance of the nation over decades, focuses up on serious challenges that impede further rapid progress and concludes by providing a possible explanation to these challenges. Important points to remember in chapter 2 of economic survey 2016-17 for Civil Services Examination Economic Survey 2016-17 […]

Chapter 03 – Demonetization: To Deify or Demonize?- Highlights of Economic Survey 2016-17
February 01st 2017

Chapter 03 – Demonetization: To Deify or Demonize?- Highlights of Economic Survey 2016-17

Demonetization: To Deify or Demonize? Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from the Chapter 3 of Economic Survey 2016-17. The most anticipated chapter for many in the Economic Survey had to be regarding Demonetization. Chapter 3 mentions […]

Chapter 04 – The Festering Twin Balance Sheet Problem – Highlights of Economic Survey 2016-17
January 31st 2017

Chapter 04 – The Festering Twin Balance Sheet Problem – Highlights of Economic Survey 2016-17

The Festering Twin Balance Sheet Problem Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from the Chapter 4 of Economic Survey 2016-17. Chapter 4 of the Economic survey 2016-17 deals with the banking system, its vulnerabilities, ability to adapt […]

Chapter 07 – Clothes and Shoes : Can India Reclaim Low Skill Manufacturing? – Highlights
January 31st 2017

Chapter 07 – Clothes and Shoes : Can India Reclaim Low Skill Manufacturing? – Highlights

Clothes and Shoes: Can India Reclaim Low Skill Manufacturing? Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from the Chapter 7 of Economic Survey 2016-17. The Economic Survey 2016-17 notes that creating jobs is India’s central challenge. India needs […]

Chapter 08 – Review of Economic Developments- Highlights of Economic Survey 2016-17
January 31st 2017

Chapter 08 – Review of Economic Developments- Highlights of Economic Survey 2016-17

Chapter 8 of the Economic Survey 2016-17 deals with a comprehensive review of the Indian economy. This chapter provides huge data related to various macro economic variables. It also gives an insight into government’s commitment in various sectors such as education, health, climate change, social development and so on. Thus, some areas of this chapter […]

Chapter 09 : Universal Basic Income – Highlights of Economic Survey 2016-17
January 31st 2017

Chapter 09 : Universal Basic Income – Highlights of Economic Survey 2016-17

Union finance minister Arun Jaitley tabled the Economic Survey 2016-17 in Parliament during the first day of the budget session. Here are the major highlights from Chapter 9 of Economic Survey 2016-17. What is universal basic income? Universal Basic Income is a form of social security paid to individuals, not households, and it is paid to […]