Foreign Exchange Intervention Foreign exchange intervention is a monetary policy tool that involves a central bank buying or selling foreign currency to influence the exchange rate of its own currency. It’s also known as currency intervention or currency manipulation. Key Findings of the Report Implications for Exchange Rate Policy Effect on Indian Economy Macroeconomic Policy Framework
Reserve Bank of India State of Economy Report
Economic Growth Expectations and Expectation: Prime movers and drivers of India’s economy to keep on recovering and growth continue unabated : Challenges to Growth: Key Points Source: Business Standard
India’s Growth Projections: IMF vs. World Bank
IMF Growth Projection for India World Bank‘s Growth Projection NSO‘s Estimate of Growth in FY25: Global Growth Outlook by IMF: Risks and Challenges Source: Business Standard
India’s Economic Challenges and Growth Strategies
Conclusion: Source: The Hindu
Deed of Family Settlement (DFS)
Context: The Securities and Exchange Board of India (Sebi) has opposed an appeal filed by Kirloskar Oil Engines Ltd (KOEL) in the Securities Appellate Tribunal (SAT) challenging the regulator’s advisory to the company to disclose the Deed of Family Settlement (DFS). Draft of Family Settlement (DFS) Features of DFS Legal Formality to form DFS DFS Documents Lawsuit Legality of DFS Use of DFS SEBI Issued a Directive on Transfer of Shareholdings
Overseas Indians in Nonresident Indian (NRI) Deposits
Context: The flow of money from Overseas Indians in nonresident Indian (NRI) deposit schemes rose by 71 per cent to $12.5 billion between April and November 2024 from $7.30 billion that they put in these schemes during the same period in 2023, data released by the Reserve Bank of India (RBI) showed. There has been an upsurge in remittances by Indians residing overseas to NRI deposit schemes in the past few years. These monies are for savings, support of family members, and other additional uses. What are the types of NRI deposits? Which factors influence money flow to NRI deposits? Foreign Exchange Management Act (FEMA)
Gross Value Added (GVA)
Context: Gross Value Added (GVA) is the value of goods and services produced in a sector, industry, or region of an economy. It’s a key metric used to calculate a country’s gross domestic product (GDP). The formula for GVA GVA = GDP + SP – TP, where SP is subsidies on products and TP is taxes on products.
Ageing Population
China reported that its population declined for a third consecutive year in 2024, sliding by nearly 1.4 million to 1.408 billion. More and more nations are facing both the challenge of a shrinking population and an ageing population, where younger generations tend to have fewer children and advancements in healthcare help people live longer. India’s Aged Population and Aging Population Problems An aging population is a population with more old people compared to the young. This is as a result of declining fertility rates and increased life expectancy. Ageing Population Trends: The number of individuals aged 60 years and older is expected to more than double from 10 crore (100 million) in 2011 to 23 crore (230 million) by 2036, with their share of the total population rising from 8.4% to 14.9%. Social Problems Economic Problems Health Problems Social Assistance Scheme of India Problems with the Scheme Other Programs UPSC Civil Services Examination Previous Year Question (PYQ) Mains Q. Performance of welfare schemes that are implemented for vulnerable sections is not so effective due to the absence of their awareness and active involvement at all stages of the policy process – Discuss. (2019) Q. Discuss the main objectives of Population Education and point out the measures to achieve them in India in detail. (2021) Q. ‘’Empowering women is the key to control the population growth.’’ Discuss. (2019) Q. Critically examine whether the growing population is the cause of poverty or poverty is the main cause of population increase in India. (2015)
National Broadband Mission 2.0
Context: Union minister Jyotiraditya Scindia launched the National Broadband Mission (NBM) 2.0, with the primary objective of providing broadband connectivity to 170,000 villages across the country. Key features of NBM 2.0 PM-WANI Scheme
Anemia
Context: According to a European Journal of Clinical Nutrition study, iron deficiency alone is not the cause of anaemia in India. Key Highlights: Anemia Anemia is a blood disorder that occurs when your body doesn’t have enough healthy red blood cells or hemoglobin, or when red blood cells don’t function properly. This reduces the amount of oxygen your blood can carry to your body’s tissues. Causes Government Initiative for Anemia India has several programs to reduce anemia, of which two include Anemia Mukt Bharat (AMB) and Weekly Iron Folic Acid Supplementation (WIFS). Such programs have targeted the reduction in prevalence of anemia in children, adolescents, and women.
