CGPSC Prelims and Mains Notes, CGPCS Test Series
One of the most striking moves in the Union Budget’s taxation proposals for 2022-23 is the introduction of a taxation regime for virtual digital assets — evolving manifestations of crypto currencies, codes and non-fungible tokens. The government has proposed to issue a Digital Rupee, or Central Bank Digital Currency (CBDC), in the fiscal year 2022-23. … Read more
‘Equality of Opportunity’ is one of the basic principles of the Indian Constitution. Shifting to a system that benefits only a section of people and leaves behind the neediest ruins the very notion of this statement. Moreover, digital education is something where India is not successful yet. There is still a lot to do in … Read more
In the Budget presented for 2022-23, Finance Minister had announced the introduction of India’s Central Bank Digital Currency (CBDC) and that the digital rupee would give a ‘big boost’ to digital economy. Finance Minister had indicated that technologies such as blockchain would be used by the Reserve Bank of India to issue the currency, starting … Read more
With a reduction in COVID-19 infections, it is important to focus on the pandemic’s disruptive impact on the food security and livelihoods of the poor and marginalised. There was a ‘dramatic worsening’ of world hunger in 2020, much of it related to the fallout of COVID-19. ‘The State of Food Security and Nutrition in the … Read more
Shadow entrepreneurs manage a business that sells legitimate goods and services but they do not register their businesses. Shadow entrepreneurship is a key factor affecting economic development, both in a positive and negative sense. Moreover, India has one of the highest numbers of shadow entrepreneurs in the world and with a rising gig economy, understanding … Read more
Critics note that the demand for private currencies comes primarily from people who have lost faith in fiat currencies issued by Central banks. They argue that governments across the world have been debasing their respective currencies by printing them in excessive amounts, thus forcing many to switch to private currencies whose supply is limited by … Read more
With the Internet playing a central role in determining how humans live and work, a few big technology companies have gathered remarkable clout. Big Tech firms, also known as GAFA (Amazon, Apple, Google, Facebook), are the largest and most dominant companies in the information technology industry of the United States. Many have speculated it may … Read more
At a time when India is poised to breach the annual $400-billion target for exports, the move to change laws governing the Special Economic Zones Act comes as a big boost for the sector. This transformative announcement will enable states to become partners in the Development of Enterprise and Service Hubs. An SEZ is a … Read more
Crowdfunding refers to the practice of funding a project by raising money from a large group of people. It is relevant for a particular cause. It is a way of raising capital using the internet or social networking like Facebook or Twitter or by using some crowdfunding-dedicated websites. It helps to improve the presence of … Read more
In India, we are driven by need — conserve and reuse to save money. As incomes rise, behaviour could tilt towards throwaway choices. Responsibility requires that, by understanding the impact of our choices, we reduce our footprint. Finally, recognition of business opportunities towards wealth creation from recycling and reuse. As economies evolve, we see these … Read more
