2021-03-16T01:53:55+05:30By UPSCTREE|Categories: Economy|
A chapter in the October 2020 edition of the International Monetary Fund’s (IMF) biannual publication, Fiscal Monitor, argues that as a response to the COVID-19 pandemic, and to support the recovery as COVID-19 induced lockdowns are relaxed and the world moves to a post-pandemic phase, enhancing public expenditure is crucial. So, governments, [...]
2021-03-12T17:37:53+05:30By UPSCTREE|Categories: Economy|
Written by:- Amitabh Kant, CEO, NITI Aayog Syllabus Connect :- General Studies -Paper II (Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment) Mains Connect:- Discuss the sunrise sectors of Indian economy in a post pandemic world. The COVID-19 pandemic has been extensively disruptive in [...]
2021-03-12T16:05:12+05:30By UPSCTREE|Categories: Economy|Tags: Denarau Action Plan, financial inclusion, General Studies -Paper II, PMJDY|
Syllabus Connect :- General Studies -Paper II (Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment) Mains Connect:- Discuss the status of financial inclusion of Indian Women and the suggest measures to improve it in light of Denarau Action Plan. Over the past year, [...]
2021-03-12T14:28:21+05:30By UPSCTREE|Categories: Economy|
Is ‘flexible inflation targeting’ (FIT) ripe for a coup d’état that topples its almost three-decade grip on the ruling dispensations of central banks the world over? Pioneered by New Zealand as early as 1990, and soon emulated by Canada and the United Kingdom, FIT is now the de jure, or [...]
2021-03-12T05:26:34+05:30By UPSCTREE|Categories: Economy|
Have you ever wondered why cricket matches are getting shorter – from test matches to one-day matches to T20 and now T10? There are two possible reasons – either people can’t stand so much cricket, or it’s not cricket’s fault. Perhaps, people can’t stand anything for that long. [...]
2021-03-05T03:15:20+05:30By UPSCTREE|Categories: Economy, Editorials|
The United States Congress approved an emergency bailout package of $700 billion during that fateful week in September 2008. This was just days after the spectacular crash of Lehman Brothers. […]
2021-02-25T09:32:10+05:30By UPSCTREE|Categories: Economy|
Stephanie Kelton is one of the most influential advocates of Modern Monetary Theory, or MMT. The MMT challenge to mainstream thinking on how to manage an economy has grown in popularity in recent years. […]
2021-02-25T09:06:27+05:30By UPSCTREE|Categories: Economy|
It is not only India, governments across the world have started banning them. The cryptoprophets expected this, but they underestimated the power of the state. That the state is an actualization of an ethical idea might be a lie, but a successful myth. And old successful lies are hard to [...]
2021-02-25T08:40:46+05:30By UPSCTREE|Categories: Economy|
The great Austrian economist and political philosopher, Friedrich von Hayek, published The Road to Serfdom in 1944, arguing against socialism, planning and collectivism, and in favour of individual liberty, the market system and capitalism. […]
2021-02-25T08:19:33+05:30By UPSCTREE|Categories: Economy, History|
The Indian Fiscal Commission began its work in November 1921, and submitted its report the following year. Its chairman was Ibrahim Rahimtoolah, while John Maynard Keynes was vice- president. Keynes could not come over to India to make any meaningful contribution. […]
