UPSCPreparation

Overview of the Textile Industry: Trends, Challenges | UPSC

/ Mains Articles /

Introduction Union Minister for Textiles, Giriraj Singh, recently announced that India’s textile and apparel sector is targeting $350 billion in annual business by 2030, which could create 3.5 crore jobs.  However, the industry has faced challenges over the last two financial years, raising concerns about achieving a 10% compound annual growth rate (CAGR). India’s textile […]

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Understanding the State’s Power to Tax Mining Activities | UPSC

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Introduction In a recent landmark judgment, a nine-judge bench of the Supreme Court has ruled that Indian states possess the authority to tax mining activities and that the collection of ‘royalties’ from mining leaseholders does not constitute a tax.  This decision overturns the Supreme Court’s earlier stance from the 1989 case of India Cements Ltd.

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Legal Aspects of President and Governor Immunity | UPSC

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Introduction A three-judge bench, presided over by Chief Justice of India D.Y. Chandrachud, is currently deliberating a case challenging the absolute ‘criminal immunity’ granted to the President and Governors under Article 361 of the Indian Constitution.  The bench has involved the Union government and requested input from the Attorney General of India to determine whether

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Analysis of Union Budget 2024-25 What You Need to Know | UPSC

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Introduction Finance Minister Nirmala Sitharaman presented the Union Budget 2024 today on July 23, 2024.  She reiterated the government’s commitment to four sectors – the poor, women, youth, and farmers. Major Announcements in Budget 2024-25 Employment: Scheme A: First Timers – Offers a one-month wage for individuals entering the formal workforce, benefiting 210 lakh youth. 

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Budget 2024 For India By Finance Minister | UPSC

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Introduction The Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Parliament, marking her seventh consecutive budget.  The Budget focused on supporting the poor, women, youth, and farmers, with significant emphasis on increasing government spending, generating jobs, and providing relief to the middle class.  Budget A budget is a financial plan that outlines

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India Economic Survey 2024: Growth, Inflation Control | UPSC

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Introduction Finance Minister Nirmala Sitharaman presented the India Economic Survey in Parliament, offering a detailed analysis of India’s economic performance and providing recommendations for future policies. The India Economic Survey is an annual document presented by the Government of India’s Ministry of Finance.  It is typically released a day before the Union Budget.  It provides

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Food Processing Industry: Overview and Growing Demand in India | UPSC

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Introduction of Food Processing Industry The food processing Industry transforms raw agricultural products into consumable food items, enhancing their value and shelf life. It is a key priority under the ‘Make in India’ initiative. India’s food processing industry will be crucial in transforming the primary agriculture sector to achieve developed nation status in the next 25 years. 

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Understanding Quantum Computing Technology | UPSC

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Introduction India launched the National Quantum Mission in 2023 and became one of the six countries in the world to have a dedicated programme to harness the power of quantum technologies. Quantum technologies, leveraging the unique properties of the tiniest particles of matter, promise groundbreaking solutions to some of today’s most challenging issues, such as

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Explain Importance of Fiscal Federalism in India | UPSC

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Introduction Recently, Tamil Nadu Chief Minister M.K. Stalin accused the Union government of withholding funds for the State’s Metro rail completion and other crucial projects.  Additionally, states in Southern India have expressed concerns about a reduction in fiscal devolution despite their significant contributions to Gross Tax Revenues.  Several state governments argue that the Central Government’s

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Explained India-Bangladesh Relations | UPSC

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Introduction: The recent visit by Bangladesh PM Sheikh Hasina marked the first state visit by a foreign leader during PM Modi’s third term. Over the last decade, Prime Ministers Sheikh Hasina and Narendra Modi have significantly advanced bilateral relations between India and Bangladesh, marking a “golden chapter” in their history. History of India-Bangladesh Relations: Bangladesh

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