Economy

Advantages of formalization Increased tax revenues for the government due to better reporting under taxation laws Coverage of population under social protection plans, saving from financial distress during difficult times Increase workers’ welfare and the opportunities for decent jobs Reduce unfair competition between formal and informal enterprises arising from tax or regulatory arbitrage Downsides of … Read more

Rural people in India depend on a wide range of bioresources for their nutrition and livelihood security.  The report recommends: Preserving traditional rights of access to biodiversity, which include access to non-timber forest products including medicinal plants, gums and resins, oil yielding plants and beneficial micro-organisms; Conserving, enhancing and improving crops and farm animals as … Read more

Over the years, the government has gradually withdrawn from direct management of public institutions, devolving governance to boards compromising academics, alumni and external members. Instead, it exerts indirect forms of control based largely on mechanisms such as performance-linked funding and quality recognition. The erstwhile regulatory regime of multiple bodies with conflicting and overlapping mandates has … Read more

Discrimination against women and girls is a pervasive and long-running phenomenon that characterises Indian society at every level.  India’s progress towards gender equality, measured by its position on rankings such as the Gender Development Index has been disappointing, despite fairly rapid rates of economic growth. In the past decade, while Indian GDP has grown by … Read more

The Indian Council of Agricultural Research (ICAR) is an autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare , Government of India. Formerly known as Imperial Council of Agricultural Research, it was established on 16 July 1929 as a registered society under the Societies Registration Act, 1860 … Read more

IMPRINT: IMPRINT is the first of its kind MHRD supported Pan-IIT + IISc joint initiative to address the major science and engineering challenges that India must address and champion to enable, empower and embolden the nation for inclusive growth and self-reliance. This novel initiative with twofold mandate is aimed at: (a) Developing new engineering education … Read more

The National Intellectual Property Rights (IPR) Policy 2016 was adopted on 12.5.2016 as a vision document to guide future development of IPRs in the country. This has led to the following achievements:- Strengthening of Institutional Mechanism Clearing Backlog/ Reducing Pendency Increase in Filings of Patents IP Process Re-engineering Creating IPR Awareness vi.        IPRs in School … Read more

Farmers FIRST: The objectives of the ‘Farmer FIRST’ initiative is to move beyond the production and productivity and to privilege the complex, diverse & risk prone realities of the farmers through enhancing farmers-scientists contact with multi stakeholders participation for technology development and application. The project has been conceptualized with focus on Enriching Farmers –Scientist interface; Technology … Read more

Goods and Services Tax Network (GSTN) is a Section 8 (under new companies Act, not for profit companies are governed under section 8), non-Government, private limited company. It was incorporated on March 28, 2013. The Government of India holds 24.5% equity in GSTN and all States of the Indian Union, including NCT of Delhi and … Read more

A government bond is an instrument to raise money from the market with a promise to repay the face  value at the maturity  date and a periodic interest. A bond issued for the purpose of recapitalisation is called recapitalisation bond.   Working of Recapitalisation bond: The government will issue recapitalisation bond, which banks will subscribe … Read more