Development Finance Institution
Theme:- On 1st February 2021, the finance minister of India Nirmala Sitaraman proposed setting up of ‘Development Finance Institution‘ (DFI) with initial paid-up capital of Rs 20,000 crore.
- In March 2021, parliament passed the bill to set up the ‘National
Gig economy
What is Gig economy:- Gig workers take short-term contracts and will be paid for that. Examples of gig work are food delivery boys, uber/ola cab drivers, musicians, photographers, construction workers, on-demand workers etc. Gig work does include high-skilled, medium-skilled and
Atmanirbhar Bharat Abhiyan
Theme:- In May 2020, Indian Prime Minister Narendra Modi announced 20 lakh crore rupees economic stimulus package named ‘Atmanirbhar Bharat Abhiyan‘, with the slogan ‘Vocal for Local‘.
- It was announced with the aim to make India self-reliant and also to
How to create more jobs in rural areas?
Theme:- Due to COVID-19 pandemic, many people who are living in urban areas lost their jobs and went back to rural areas. Now, many people are on the verge of slipping into poverty due to the lack of jobs in
How to revive Indian economy?
Theme:- The Indian economy was struggling even before the COVID-19 pandemic, but the pandemic made the situation worse.
- International Monetary Fund (IMF) projected a contraction of 4.5% for India’s economy in FY21. So, after many decades, this financial year’s GDP
