Subject: Finance and Banking

What is NPA? Impact of NPA on economy Reasons for the rise in NPA in recent years Why most NPA in Public sector? Steps taken by RBI and Government in last few years to curb NPA How to curb the menace of NPA source According to RBI’s recent data, the gross non-performing assets (NPAs) of […]

A Golden Opportunity

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Why does India need a Bankruptcy law? The Insolvency and Bankruptcy Code has been hailed as an excellent reform for India that will pay a critical role in improving the ease of doing business.

Kelkar Committee Report: Reforming the PPP   In the Union Budget 2015-16, Finance Minister announced that the PPP mode of infrastructure development has to be revisited, and revitalized. In pursuance of this announcement, a Committee was constituted to look into the issues. The proposals include a provision for monetisation of projects, revamp of the model concession […]

To read about the basic concepts of economics at play here: Economics | Fiscal Policy Explained Economics | Monetary Policy Explained with Examples

The government’s DBT plan involves transferring the subsidy amount directly to the beneficiaries’ bank accounts. Here, the government does not have to fiddle around with differential pricing for the underprivileged. This method can effectively address the issue of leakages and go a long way in solving the mis-targeting problem. The government has also linked DBT to […]

Salient features useful for prelims and mains, both.

Financial inclusion entails delivery of banking services to large sections of society, at an affordable cost.

RBI: India’s central banking institution, which controls the monetary policy of the Indian rupee has been much in news this year. Macroeconomic policies for growth require coordination between the finance ministry and RBI. Let’s see where the synergies met and where they diverged!

Everything you need to know about the Indian growth story and the complexities involved in predicting it right. Let’s connect the dots.

Payment Banks are the new stripped-down type of banks, which are expected to reach customers mainly through their mobile phones rather than traditional bank branches. They are expected to increase the financial inclusion in the country by providing banking services to the people who are currently out of the reach of banking services. source Features of […]

Are there any provisions in UN which can help us chase black money? Yes, there are a few. And they might help us get black money back in India. Let’s look at the history of such negotiations to learn more about them and hone your understanding for Probable questions for IAS Mains. Tough negotiations on this subject […]

In this article we will explain what Cashless economy is, what are the major advantages of cashless economy and what challenges India will face in moving towards a cashless economy. What is a cashless economy? Benefits of Cashless economy Challenges in making India a cashless economy Steps taken by RBI and Government to discourage use […]

This article would focus on Goods and Services Tax (GST), as we know discussion on GST bill is going on in winter session of Parliament. So, let’s just take this in brief here. What is the Goods and Services Tax (GST)? As the name suggests, the GST will be levied both on goods (manufacturing) and services. […]

The Minimum Alternate Tax (“MAT“) is a tax levied under India’s Income Tax Act of 1961 that targets companies that show profits on their books and declare dividends, but pay minimal or no tax.