Merger of PSU banks – Is it really necessary?
Background :-- Government of India is planning to merge government owned banks to create a few strong banks that can compete in a global race.
- PSU banks were hit hardly by Non-performing Assets (NPA). This is the reason Indian government
Digital India
What is the ‘Digital India’ program:- ‘Digital India’ was launched in July 2015 by the Government of India. This is started with the aim to achieve three interconnected goals. They are
- Availability of high-speed internet to each and every citizen.
Is GST beneficial for the common man?
Plus :-- Basic food items prices aren’t increased. There is no tax on milk, pulses, wheat and rice.
- Prices of most of the daily essentials used by middle class people remain unchanged and prices of some daily essentials like soaps,
Privatization of ‘Air India’ – Good or Bad?
Background :-- In June 2017, Union Cabinet approved the recommendation of NITI Aayog to privatize government owned ‘Air India’.
- Debt burden will be reduced. Currently Air India has more than Rs. 50,000 crores debt due to maintenance expenses.
One Belt One Road – Impact on India
What is One Belt One Road (OBOR) :-- OBOR is a China’s project aimed to improve connectivity and cooperation among Eurasian countries.
- It connects 68 countries and covers about 40% of world’s GDP.
- OBOR executes infrastructure projects in those connected
