Notes and Study material for Exams
Corruption: NATURE Like that of several other socio-economic offences, corruption stands out as an offence which affects the community as a whole. It is not just an offence between the perpetrator of a traditional crime like murder, theft or rape and an innocent victim. In fact and reality the bribe-giver and the bribe-taker are equally … Read more
Recomendations of the 14th Finance Commission ARTICLE 280 of the Constitution of India requires the Constitution of a Finance Commission every five years, or earlier. For the period from 1st April, 2015 to 31st March, 2020, the 14th Finance Commission (FFC) was constituted by the orders of President on 2nd January, 2013 and submitted its … Read more
Fiscal Policy is that part of Government policy which is concerned with raising revenues through Taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more
The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more
Skewflation: The New Inflationary Beast The global economy is grappling with a complex and evolving inflationary landscape. While headline inflation rates may be moderating in some regions, the underlying dynamics are far from benign. A new term has emerged to capture this nuanced reality: skewflation. This article delves into the concept of skewflation, its drivers, … Read more
The SARFAESI Act: A Comprehensive Guide to Securitization and Recovery of Financial Assets in India The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a landmark legislation in India that revolutionized the way financial institutions recover their dues from borrowers. It introduced a streamlined and efficient framework … Read more
A Blueprint for Conservation: Understanding the National Wildlife Action Plan The United States boasts a staggering array of biodiversity, from the towering redwoods of California to the vibrant coral reefs of Florida. However, this natural heritage faces increasing threats from habitat loss, climate change, invasive species, and pollution. To address these challenges and ensure the … Read more
The International Solar Alliance: A Beacon of Hope for a Sustainable Future The International Solar Alliance (ISA), a global initiative launched in 2015, aims to harness the power of the sun to address the world’s energy needs and combat climate change. This ambitious alliance, spearheaded by India and France, brings together over 120 countries, primarily … Read more
The NIA (Amendment) Act, 2019: A Deep Dive into the Controversial Changes The National Investigation Agency (NIA) Act, 2008, established a specialized agency tasked with investigating terrorism-related offenses and other serious crimes. However, the NIA (Amendment) Act, 2019, introduced significant changes to the original legislation, sparking widespread debate and raising concerns about its potential impact … Read more