All posts tagged: Economic Development

Internationalisation of the Rupee, Panchayat Advancement Index and E-PRAAPTI

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Mains Examination: General Studies II: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. What’s the ongoing story: The war in West Asia has exacerbated a key pain point for the country’s economy: the rupee’s value. • What has been India’s strategy of settling international trade in Indian Rupees (INR)? • How India saved ₹14,000 crore in foreign exchange in February 2026? • Why Reserve Bank of India (RBI) introduced a framework for rupee-based trade? • What is “internationalisation of the rupee”? • What is “depreciation of Rupee”? • Devaluation of Rupee and depreciation of Rupee-compare and contrast • Why settling trade in domestic currency particularly useful during periods of rupee depreciation? • What is Vostro accounts in rupee trade settlement? • What is the difference between Vostro and Nostro account? • What are the key limitations of rupee-based trade settlement? Story continues below this ad • How rupee trade settlement can help reduce external sector vulnerabilities? Key Takeaways: • After closing around 91-per-dollar on February 27, the rupee fell by …

Himalayan griffon vulture, Hydrofluorocarbons and Land inequality in India

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Preliminary Examination: Indian Polity and Governance-Constitution, Political System, Panchayati Raj, Public Policy, Rights Issues, etc. • General Studies II: Parliament and State legislatures—structure, functioning, conduct of business, powers & privileges and issuesarising out of these. • General Studies II: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. What’s the ongoing story: The Union Cabinet on Wednesday cleared the proposed Constitutional amendments to the Nari Shakti Vandan Adhiniyam and a Delimitation Bill to fast-track 33% reservation for women in Lok Sabha and Vidhan Sabhas by using 2011 Census data, sources told The Indian Express. Key Points to Ponder: • What are the proposed Constitutional amendments to the Nari Shakti Vandan Adhiniyam? Story continues below this ad • What are the proposed Constitutional amendments to the Delimitation Bill? • What is delimitation? • Why delimitation is required for the implementation of women reservation? • How demographic shifts and variations in fertility rates among states influence political representation in India? • What are the impact of population-based representation on …

Jurisdiction over Strait of Hormuz, Childhood cancers and NCERT

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Mains Examination: General Studies II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. What’s the ongoing story: With the shipping disruption in the Strait of Hormuz impacting energy supplies to India, Foreign Secretary Vikram Misri joined a meeting of more than 60 countries, convened Thursday by the UK, on reopening the crucial waterway where he underlined the principles of “freedom of navigation” and “unimpeded transit”. Key Points to Ponder: • Map Work– Strait of Hormuz • Which country has jurisdiction over Strait of Hormuz? • Is it legal to blockade international waters? • How has Iran blockaded the Strait of Hormuz? • What is Exclusive Economic Zone? • What United Nations Convention on the Law of the Sea (UNCLOS) says? • With military operations in the Strait of Hormuz, what is the impact on India’s energy supplies likely to be? • Iran’s ‘toll-booth system’ in the Strait of Hormuz-why it is said so? Story continues below this ad • Is collecting formal tolls for the Strait of Hormuz legal? Key Takeaways: • Misri’s …

India-Seychelles relations, PMKVY, and NUDGE campaign

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Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies-II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. What’s the ongoing story: While stressing that defence and maritime cooperation are important pillars in the relationship between India and Seychelles, Prime Minister Narendra Modi said on Monday that in the coming days, the two countries would also cooperate in renewable energy and climate solutions. He was addressing a joint press meet in New Delhi along with visiting Seychelles President Patrick Herminie. Key Points to Ponder: — What is the history of India-Seychelles relations? — What are the emerging areas of cooperation between India and Seychelles? — What is the Colombo Security Conclave? — What is India’s MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) Vision? — What is the strategic significance of Seychelles for India? — Map work: Locate Seychelles on world map. Key Takeaways: — “In the areas of marine research, capacity-building and data-sharing, India will share its expertise with Seychelles. Defence cooperation and …

COP30, Trump-Xi ceasefire, and Indoor Air Quality

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Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies-II, III: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Conservation, environmental pollution and degradation, environmental impact assessment. Story continues below this ad What’s the ongoing story: The 30th edition of the Conference of Parties to the UN Framework Convention on Climate Change (COP30), the annual two-week climate talks beginning in Belem, Brazil, on Monday, is as much about restoring the credibility of this UN-mandated negotiating process as it is about saving global climate. Key Points to Ponder: — What is Conference of the Parties or COP? — Read about the UN Framework Convention on Climate Change and the 2015 Paris Agreement. — What were the major outcomes of the COP29? — What do you understand about Net-zero emissions? — What is climate finance? — What are Nationally-Determined Contributions? — What is the principle of “common but differentiated responsibility and respective capabilities”? — How can India balance its development needs with its increasing global leadership on climate finance …

Oil Spill, Foreign Contribution (Regulation) Act and Impeachment of Judges

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Cash at residence: Govt likely to bring motion to impeach Justice Varma Syllabus: ARTICLE CONTINUES BELOW VIDEO Preliminary Examination: Indian Polity and Governance-Constitution, Political System, Panchayati Raj, Public Policy, Rights Issues, etc. Story continues below this ad Mains Examination: General Studies II: Indian Constitution—historical underpinnings, evolution, features, amendments, significant provisions and basic structure. What’s the ongoing story: FOLLOWING his indictment by the Supreme Court in-house inquiry panel, the government is likely to bring an impeachment motion in the upcoming monsoon session against former Delhi High Court judge Justice Yashwant Varma, The Indian Express has learnt. Key Points to Ponder: • What is the Procedure for Removal of a Judge in India? • What is Impeachment? • What are the constitutional provisions and procedures governing the impeachment of High court judges? Story continues below this ad • The process of impeachment of a judge of the Supreme Court is laid down in Article 124(4) of the Constitution of India-True or false? • What Article 218 of the Constitution of India says? • What are the Grounds of Impeachment? …

UPSC CSE Prelims 2025 Special: Have last minute exam day strategy doubts — we have got answers | UPSC Current Affairs News

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Are You Prelims Ready? UPSC Prelims 2025 is scheduled for May 25. As the exam approaches, aspirants are often flooded with last-minute doubts and dilemmas — ranging from anxiety and self-doubt to concerns about strategy and performance pressure. These feelings are natural, especially ahead of such a high-stakes and competitive examination. To help aspirants navigate this crucial phase, here is a comprehensive Prelims Day Strategy Guide, part of our Expert Talk series under UPSC Essentials by The Indian Express. In this edition, Rohit Pande, our expert, speaks to Manas Srivastava of The Indian Express, addressing the most common questions and mental roadblocks that aspirants face just before entering the exam hall. About our Expert: Rohit Pande brings over a decade of experience in strategy and consulting to the world of CSE examinations. His team has helped many students clear the exam using scientific framework-driven mentorship. He keeps a keen eye on the evolving patterns of the UPSC IAS exam and the changing study habits of GenZ UPSC aspirants, enabling them with deep, actionable, and unrivaled insights. Story …

UPSC Key | 18th May, 2025: ISRO’s EOS-09, Rare-earth magnets, and Left Wing Extremism

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Preliminary Examination: Current events of national and international importance Mains Examination: General Studies-III: Science and Technology- developments and their applications and effects in everyday life. What’s the ongoing story: In a rare failure, India’s main rocket PSLV developed problems a few minutes after take-off and failed to place earth observation satellite EOS-09 into the intended orbit in an early morning launch on Sunday. Key Points to Ponder: — What are the Earth observation satellites? Story continues below this ad — What are the different types of launch vehicles of ISRO? — What is the difference between PSLV and GSLV? — What are the various stages of rockets? — Learn about the important ISRO’s missions – Aditya L1, Chandrayaan 4, Chandrayaan 5, Shukrayaan-1 — What do you understand by space debris? Key Takeaways: — “Today’s 101st launch was attempted. PSLV-C61 performance was normal till second stage. Due to an observation in the third stage, the mission could not be accomplished,” ISRO said. — This was the 101st mission launched by ISRO, and the 63rd one using …

Rafale-M Deal, National Mission for Clean Ganga and Carbon Credit Trading Scheme, 2023

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India, France sign agreement for procurement of 26 Rafale-M for Navy Syllabus: Preliminary Examination: Current events of national and international importance. Main Examination: General Studies II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Story continues below this ad What’s the ongoing story: India and France inked an Inter-Governmental Agreement (IGA) Monday for the procurement of 26 Rafale-M aircraft – 22 single-seater and four twin-seater – for the Indian Navy. Key Points to Ponder: • What is Rafale-M Jets? • How many Rafale jets does India have? • Why did India wants Rafale Fighters? • What Is India’s Rafale M Deal? • What will India’s Rafale M have? • How Rafale M deal will strengthen Indian Navy? Key Takeaways: • The procurement includes training, simulator, associated equipment, weapons and performance-based logistics. It also includes additional equipment for the existing Rafale fleet of the Indian Air Force (IAF), a statement from the Ministry of Defence stated. • The Rafale-Marine is a carrier-borne combat-ready aircraft with proven operational capabilities in maritime environments. • Officials told …

Mughal emperor Aurangzeb, Periyar and Microlightning

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Nagpur tense as protest against Aurangzeb’s tomb triggers violence Syllabus: Preliminary Examination: History of India and Current events of national and international importance. Main Examination: • General Studies I: communalism Story continues below this ad • General Studies I: Modern Indian history from about the middle of the eighteenth century until the present- significant events, personalities, issues. What’s the ongoing story: Vehicles were torched and police fired tear gas shells at mobs in Nagpur Monday following violence over rumours that a holy book had been desecrated during a demonstration in the city by right wing outfits, including Bajrang Dal, seeking removal of the tomb of Mughal emperor Aurangzeb in Khuldabad. Key Points to Ponder: • Who was Aurangzeb? • Aurangzeb’s policies are often considered one of the major reasons for the decline of the Mughal Empire—know his religious, administrative, and military strategies and their impact on the empire. • The Mughal emperor Aurangzeb remains a controversial historical figure in India—Why? Story continues below this ad • Why are there socio-political tensions in Maharashtra over Aurangzeb’s …

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All posts tagged: Economic Development