Archives

Daily Current Affairs for UPSC CSE Topics Covered 1 . Lab Grown Diamond Context: In the Union Budget 2023-2024 announced to reduce the custom duty on the seeds used in the manufacture of lab-grown diamonds. In a bid to popularise their production in India, government reduce the customs duty from 5% to nil. What is … Read more

Context: The finance minister Nirmala Sitharaman presented the Union Budget for the year 2023-2024 in the parliament.  Background Achievements since 2014: Leaving no one behind  Vision for Amrit Kaal – an empowered and inclusive economy  Four opportunities that are transformative during Amrit kaal are  What are the priorities of the budget?  There are seven priorities … Read more

About Economic Survey Significance Who prepares the survey? State of the Economy 2022-23: Recovery Complete India’s Medium Term Growth Outlook: with Optimism and Hope Fiscal Developments: Revenue Relish Monetary Management and Financial Intermediation: A Good Year Prices and Inflation: Successful Tight-Rope Walking Social Infrastructure and Employment: Big Tent Climate Change and Environment: Preparing to Face … Read more

Daily Current Affairs for UPSC CSE Topics Covered 1 . Finance Commission Context: The government will soon kick off the process to set up the Sixteenth Finance Commission, with the Finance Ministry likely to notify the terms of references for the constitutional body, tasked with recommending the revenue sharing formula between the Centre and States … Read more