What are the advantages and challenges associated with the introduction of Sovereign Green Bonds?

Recently, the Union Minister for Finance & Corporate Affairs has approved the final Sovereign Green Bonds Framework of India. Sovereign Green Bonds will be issued for mobilizing resources for green projects. Advantages: The Framework follows in the footsteps of India’s ..

Topics: GS-III: Economic Growth Development • GS-III: Conservation Environmental Pollution Degradation

How successful has India’s spectrum policy been in enabling connectivity? Examine its limitations and the provisions under the new policy. Also suggest a way to use spectrum for ending the country’s digital divide.

The Draft Indian Telecommunications Bill, 2022 has been released and it will replace existing laws in the telecom sector, such as the Indian Telegraph Act 1885, Indian Wireless Telegraph Act 1933 and the Telegraph Wires (unlawful possession) Act 1950. The ..

Topics: GS-III: Economic Growth Development • GS-III: Changes in Industrial Policy and Their Effects On Industrial Growth

How has the faceless tax regime impacted direct taxes in India? What is the case for a similar system being implemented for GST?

The faceless tax regime was launched in 2020 with an objective to promote efficient and effective tax administration, by minimizing physical interface, increasing accountability and introduction of team based assessments. Impacts: The faceless tax regime has considerably reduced the corruption ..

Topics: GS-II: Government Policies and Interventions for Development in Various Sectors • GS-II: Important Aspects of Governance Transparency and Accountability Citizen Charters • GS-III: Economic Growth Development

How big a role is the FMCG sector playing in India’s economic recovery? What are the impediments to this sector’s growth?

The Fast-Moving Consumer Goods (FMCG) sector deals with packaged goods that are consumed at regular intervals. It mainly includes household and personal care products, along with healthcare and food products. Importance of FMCG Sector: The sector is a major contributor ..

Topics: GS-III: Economic Growth Development • GS-III: Food Processing and Related Industries

Evaluate the performance of the National Asset Reconstruction Company Limited in cleaning up legacy bad loans. What are the major impediments to its effective functioning?

The Government sponsored National Asset Reconstruction Company Limited (NARCL) was formed in 2021 to fast pace the resolution of bad loans in the banking industry. The motive was to acquire all the bad loans from PSU banks and help them ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: Economic Growth Development

What is the IoRS (Interoperable Regulatory Sandbox) for which RBI recently released an SOP? What needs to be done to get the most out of this initiative?

RBI has released a standard operating procedure (SOP) for an Inter-operable Regulatory Sandbox (IoRS) to regulate newer FinTech products and services falling in the ambit of more than one regulator. It is prepared by the Inter-Regulatory Technical Group on FinTech ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: Economic Growth Development