“Promotion of Bulk Drug Parks” Scheme for “Promotion of Bulk Drug Parks”: provides for financial assistance to three States (Himachal Pradesh, Gujarat and Andhra Pradesh) for establishing Bulk Drug Parks It aims to bring down the cost of manufacturing of bulk drugs by creation […]
The Debate over Freebies Context: The Prime Minister’s recent comment on “freebies” handed out by governments has reignited the debate on the economic rationale for granting subsidies. Background: The Supreme Court’s invitation to debate subsidies must be viewed as the beginning point for addressing a […]
Reinvigorating the Chabahar port For Prelim About Chabahar Port The port of Chabahar is located in south-eastern Iran in the Gulf of Oman. For more details about India- Iran relations click here For Mains The Chabahar plan had three main objectives a)to build India’s first offshore […]
Understanding ethanol blending For Prelims What is Ethanol Ethanol also called ethyl alcohol is an organic chemical compound which is volatile, flammable, colourless liquid with a characteristic wine-like odour and pungent taste. It can be produced by the fermentation of sugars by yeasts or via petrochemical […]
RBI raises rates, vows Nimble Policy For Prelims What is monetary policy? Monetary policy refers to the policy of the central bank with regard to the use of monetary instruments in order to control inflation rate in a country. In India monetary policy is decided […]
Initiatives taken to create a conducive business environment Department for Promotion of Industry and Internal Trade (DPIIT) is spearheading the initiatives under Ease of Doing Business and Reducing Compliance Burden which are aimed at creating a conducive business environment. The key focus areas of […]