LATEST ARTICLES

What is Index of Industrial Production (IIP)?

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Index of Industrial Production (IIP) is an index that shows the performance of different industrial sectors of the Indian economy. The IIP is estimated and published on a monthly basis by the Central Statistical Organisation...

What is Zombie Banking?

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When too many of a bank’s customers are falling into severe indebtedness, the bank will also fall into insolvency (a situation of assets lower than its liabilities). Actually, it is the health of the...

What is National Statistical Commission (NSC)?

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Official statistics is important in revealing the various dimensions about the socio-economic features and performance of the economy. In India, for the administration of the official statistics and related activities, there is the Ministry...

Finance Minister led AM to take full control of Strategic Disinvestment

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Government has empowered the inter-ministerial body – the Alternative Mechanism to take most of the decisions on strategic disinvestment. Formed in 2017, the AM’s role was setting the terms and conditions of strategic sale;...

Note ban accounts: CBDT gives deadline to 87000 non-filers

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Action against the account holders who made huge cash deposits during the demonetisation period is coming to the final stage. According to the Central Board of Direct Taxes, there are 87000 people who deposited...

Trump forces withdrawal of GSP benefits to India

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       US President Donal Trump has moved towards the final steps for removing concessional imports from India. The imports that are allowed under the Generalised System of Preferences (GSP) is going to...

What is affordable housing? What are the govt measures to promote it?

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What is affordable housing?Affordable housing refers to housing units that are affordable for those with income below the average household income. In India, affordable housing is provided for low income people, middle income people...

New GST rates brings cheers to the housing sector

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The GST Council’s rate cut for the housing sector along with upscaling of the affordable housing ceiling value is going to be a big boost for the sector.On Sunday, the Council decided to cut...

What is Angel Tax?

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One of the of the leading issues of the Indian startup sector is the tax on investment in startup enterprises’ shares if the price of the invested shares seems to be over the fair...

How Economies are Classified?

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There are numerous classifications to categorize economies based on their economic development. The most popular classification is the one designed by the World Bank where the economies are categorized into different income groups in...