Editorials, GS-3, Indian Economy, Uncategorized

The currency question

Livemint The recent agreement between the Government of India and the Reserve Bank of India to make inflation targeting the central bank’s prime focus has long way to go. This move represents an important structural shift in one of the two pillars of conventional macroeconomic policy (the other, of course, being fiscal policy). Background: Since… Continue reading The currency question

GS-3, Indian Economy, Uncategorized

India set to seize big opportunity in logistic costs saving through Sagarmala

A new report by Ministry of Shipping has said that Sagarmala project can save up to Rs 35,000-40,000 crore by 2025 per annum for India by optimizing logistics flows for key commodities. The study says that augmenting operational efficiency of ports and optimizing logistics evacuation can be a big boost to Indian trade. What else… Continue reading India set to seize big opportunity in logistic costs saving through Sagarmala

Editorials, GS-2, International Relations, Uncategorized

BREXIT and Its Impact

BREXIT Brexit is a term used to define United Kingdom coming out of EU. Recently in a referendum conducted in United Kingdom, UK voted by a narrow margin in favour of Brexit. Negotiations are undergoing currently between United Kingdom and European Parliament to negotiate the terms of the exit deal. About EU European Union or… Continue reading BREXIT and Its Impact

Editorials, GS-3, Science & Tech, Uncategorized

India’s eye in the sky

NAVIC (Navigation with Indian Constellation), India’s indigenous global navigation satellite system, is expected to become fully operational from this month. What is NAVIC? NAVIC is an independent regional navigation satellite system designed to provide position information in the Indian region and 1500 km around the Indian mainland. What all services are provided? Its applications include:IRNSS… Continue reading India’s eye in the sky