🔵 Budget 2023-24 has displayed deft fiscal management and reiterated its commitment to fiscal prudence and responsibility while not losing sight of medium-term growth✅️
🅾️Look at the graph showing Fiscal prudence (Effective Capital Expenditure and Fiscal deficit) FY-2021 has a spike in fiscal deficit while graph of effective capital expenditure is going more or less smooth
*What is Effective Capital Expenditure : It includes the capital expenditure of the Central Government and Grants in aid for the creation of capital assets✅️
🅾️Look at the graph showing Fiscal prudence (Effective Capital Expenditure and Fiscal deficit) FY-2021 has a spike in fiscal deficit while graph of effective capital expenditure is going more or less smooth
*What is Effective Capital Expenditure : It includes the capital expenditure of the Central Government and Grants in aid for the creation of capital assets✅️
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🅾️Vivad Se Vishwas Scheme
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👉India contributed only about 4% in the cumulative global emissions (for the period 1850-2019) and maintaining its per capita emission at far less than the world average
🅾️Prelims👇
• National Green Hydrogen Mission
• Green Credit Program
• PM-PRANAM
• GOBARdhan Scheme
🅾️Ladakh serves as prime location for solar energy projects and there has been provision for setting up of inter-state transmission lines thus integrating the long-sequestered UT into the power grid.
✅️Note: India has been one of the few countries where technology and digital connectivity innovation has been and continues to be led by the public sector
(Imporatnt PRELIMS Liner )
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👉India contributed only about 4% in the cumulative global emissions (for the period 1850-2019) and maintaining its per capita emission at far less than the world average
🅾️Prelims👇
• National Green Hydrogen Mission
• Green Credit Program
• PM-PRANAM
• GOBARdhan Scheme
🅾️Ladakh serves as prime location for solar energy projects and there has been provision for setting up of inter-state transmission lines thus integrating the long-sequestered UT into the power grid.
✅️Note: India has been one of the few countries where technology and digital connectivity innovation has been and continues to be led by the public sector
(Imporatnt PRELIMS Liner )
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🅾️The Indian Economy has undergone a transformative process of New Age reforms in the last eight years
🔵Broad principles behind these reforms were👇
👉creating public goods
👉adopting trust-based governance
👉co-partnering with the private sector
👉improving agricultural productivity
🔵At this juncture of its economic journey, Indian Economy has started benefitting from the efficiency gains resulting from greater formalisation, higher financial inclusion and economic opportunities created by digital technology -based economic reforms. It is now prepared to grow at its potential in the medium term
🔵Broad principles behind these reforms were👇
👉creating public goods
👉adopting trust-based governance
👉co-partnering with the private sector
👉improving agricultural productivity
🔵At this juncture of its economic journey, Indian Economy has started benefitting from the efficiency gains resulting from greater formalisation, higher financial inclusion and economic opportunities created by digital technology -based economic reforms. It is now prepared to grow at its potential in the medium term
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😰Chhatrapati Sambhaji Maharaj
🙏Today is the Punya Tithi(Death Anniversary )of the great Hindu king Sambhaji Maharaj.
🙏Very little is mentioned in our history about the heroics of the Chhatrapati Shivaji Maharaj's great son Sambhaji Maharaj.
🙏Today is the Punya Tithi(Death Anniversary )of the great Hindu king Sambhaji Maharaj.
🙏Very little is mentioned in our history about the heroics of the Chhatrapati Shivaji Maharaj's great son Sambhaji Maharaj.
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✴️ Look at the graph of fiscal transfers from Union to States (observe the trends)
🔷 Recommendations of 14th and 15th Finance Commission and the difference between them✅️
🔵Mains:How NITI Aayog act as a harbinger of coopertive federalism?
🟨Do read lastest report of 15th Finance Commission of the period 2021-2026✅️
🔷 Recommendations of 14th and 15th Finance Commission and the difference between them✅️
🔵Mains:How NITI Aayog act as a harbinger of coopertive federalism?
🟨Do read lastest report of 15th Finance Commission of the period 2021-2026✅️
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