The FRBM Act was passed by the Parliament of India in 2003 to reduce Fiscal Deficit. Every time when the Union Budget of India is presented, the term FRBM is seen in the news. You may see headlines like ‘FRBM targets are missed’ or ‘FRBM targets are met’. What exactly is FRBM? What is the … [Read more...] about FRBM Act – Guidelines, Targets, and Escape Clause
UPSC Mains General Studies Paper 3 (GS3)
Budget 2020 – Explainer in layman’s terms
Nirmala Sitharaman, Minister of Finance, presented the Indian Budget 2020 on February 1, 2020. In this article, we shall help you not only understand the key points of the Union Budget 2020 but also understand the key concepts like Fiscal Deficit, Primary Deficit etc. Budget 2020 provides the … [Read more...] about Budget 2020 – Explainer in layman’s terms
Economic Survey 2019-2020 Summary: 10 Key points which you should not miss!
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2019-2020 in both houses of Parliament. The Economic Survey (ES) is the flagship annual document of the Ministry of Finance which gives a detailed account of the various sectors of the economy. The survey not only provides … [Read more...] about Economic Survey 2019-2020 Summary: 10 Key points which you should not miss!
National Infrastructure Pipeline (NIP) – Can this mega-push revive the Indian economy?
What is National Infrastructure Pipeline? What are its major expenditure areas? Read further to know more. National Infrastructure Pipeline (NIP) is the Government of India's roadmap to make India a 5 trillion dollar economy by 2024-25 by spending 100 lakh crore in infrastructure … [Read more...] about National Infrastructure Pipeline (NIP) – Can this mega-push revive the Indian economy?
India State of Forest Report 2019: Key Findings
India State of Forest Report (ISFR) is prepared by the Forest Survey of India (Ministry of Environment Forest and Climate Change) about the forest resources of India. The release of the biennial India State of Forest Report (ISFR) published by the Forest Survey of India (FSI) is one of the most … [Read more...] about India State of Forest Report 2019: Key Findings
Education in India – A Detailed Analysis
What is the current status of education in India? What steps are needed to take the Indian Education system to the next level? This article is a detailed analysis of the Education System of India. The post covers various aspects of the problems faced by the Indian Education sector, the … [Read more...] about Education in India – A Detailed Analysis
Human Capital – What India needs to reap the Demographic Dividend
What is Human capital? How is it different from physical capital? How to increase human capital? Read further to know more. Human capital, unlike physical capital, is intangible. You all may have heard of the term 'capital' in economics. Adam Smith defines capital as "That part of man's stock … [Read more...] about Human Capital – What India needs to reap the Demographic Dividend
General Studies Paper 3 (GS3) Question Paper – UPSC Civil Services Main Exam (Written) 2019
Union Public Service Commission UPSC Mains conducted the General Studies Paper 3 (GS3) Paper, as part of the Civil Services Main Exam 2019 on 22-09-2019. Aspirants can now view or download the General Studies Paper 3 (GS3) Question Paper from this post. GENERAL STUDIES PAPER 3: UPSC Civil Services … [Read more...] about General Studies Paper 3 (GS3) Question Paper – UPSC Civil Services Main Exam (Written) 2019
Chandrayaan 2 – Everything you need to know about India’s second Lunar Mission
What is Chandrayaan 2 mission? How is it different from Chandrayaan 1? What are the components of Chandrayaan 2? Read further to know more. Chandrayaan 2 is the 1st space mission by any country to conduct a soft landing on the Moon's south polar region. Chandrayaan 2 mission was launched on 22 … [Read more...] about Chandrayaan 2 – Everything you need to know about India’s second Lunar Mission
Interim Budget 2019-20 – Key Points of the Indian Budget 2019
Piyush Goyal, Minister of Finance, presented the Indian Budget 2019 (Interim Budget 2019-20) on February 1, 2019. In this article, we shall try to understand the key points of the Union Budget 2019. Budget Expenditure is Rs.27,84,200 crores The Indian Budget 2019 is of 27.84 lakh crore rupees. … [Read more...] about Interim Budget 2019-20 – Key Points of the Indian Budget 2019