GS-III: Economy & Development

What are the major findings of the WHO report on air pollution and child health?

October 30, 2018

The WHO has released a report on air pollution and Child health on the eve of the WHO’s first ever global conference on Air Pollution and Health. WHO findings on Air pollution 93% of the world’s children under the age of 15 which is about 1.8 billion children breathe polluted air that puts their health

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What are the major macroeconomic challenges before the Indian economy today?

October 28, 2018

India is one of the fastest growing economies of the world and it is also facing myriad of complex challenges. These challenges if not addressed through policy initiatives it may trigger a crisis denting the credibility of India. Challenges before the Indian economy Stumbling Stock Market Stock prices are dropping which is resulting in eroding

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What are the recent trends in the income tax collection?

October 25, 2018

The Central Board For Direct Taxes (CBDT), the policy making body for the income tax department, has released data which reveal the trends in the direct taxes in the country. Highlights of CBDT data on tax mobilization The number of salaried and non-salaried taxpayers saw an increase between 2014-15 and 2017-18 assessment years (AY). This

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What are the major current trends in fragmentation of land holdings in Indian agriculture?

October 24, 2018

Inability of the Indian economy to shift the excess labour force towards the tertiary sector and lack of capital intensive industries has resulted in overdependence on agriculture for their livelihood. A significant outcome due to this is the fragmentation of land holding. Trends in fragmentation of land holding The Agriculture Census 2015–16 highlights the vital

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What are key recommendations of the insolvency law committee to deal with cross border insolvency?

October 24, 2018

The Insolvency Law Committee (ILC) was constituted by the Ministry of Corporate Affairs to recommend amendments to Insolvency and Bankruptcy Code of India, 2016. Recommendations of the committee: The committee has recommended the adoption of the UNCITRAL Model Law of Cross Border Insolvency, 1997 to address the issues of cross border insolvency. Ensuring that there

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