What is the ‘lost decade’ in Economics?
This refers to the last decade of the 20th century when the Japanese economy witnessed economic stagnation after the bust of its housing bubble. Some even include the next decade…
What is ‘urban revolution’ in Archaeology?
This refers to the historic transition of small agricultural societies into large urban societies. It was coined by Australian archaeologist V. Gordon Childe in his 1936 book Man Makes Himself. In…
The Code on Wages, 2017
The Code on Wages, 2017 was introduced in Lok Sabha by the Minister of Labour. It seeks to consolidate laws relating to wages by replacing: (i) the Payment of Wages…
The European Free Trade Association
The European Free Trade Association (EFTA) is an intergovernmental organisation set up for the promotion of free trade and economic integration to the benefit of its four Member States. The…
India & China in WTO on Aggregate Measurement of Support
India and China jointly submitted a proposal to the World Trade Organisation (WTO) calling for the elimination - by developed countries - of the most trade-distorting form of farm subsidies,…
Why a subsidy to encourage digital payments is not a good idea
The Indian government is planning to create a subsidy package to encourage consumers to switch from cash payments to digital payments. The details have not yet been finalized but the aim is…
Ease of Doing Business Report by NITI Aayog
The document released on Ease of Doing Business report on August 28, 2017 in New Delhi is based on an Enterprise Survey, conducted jointly with the IDFC Institute. The report…
YUVA – a skill development programme
The Union Home Minister inaugurated the YUVA – a skill development programme and an initiative by Delhi Police under Pradhan Mantri Kaushal Vikas Yojana. The ‘YUVA’ initiative by Delhi Police…
Formulation of a new Industrial Policy
The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last Industrial Policy…
Task Force on Artificial Intelligence for Economic Transformation
Commerce and Industry Ministry has constituted a Task Force chaired by V. Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields. The…
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