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Production Linked Incentive (PLI) Scheme | UPSC IAS IPS IFS

Production Linked Incentive (PLI) Scheme | UPSC IAS IPS IFS 3

The Finance Minister announced an expenditure of INR 1.97 Lakh Crores for the Production-Linked Incentive (PLI) Schemes for 13 key sectors in the Union Budget 2021–22, which was presented on February 1st, 2021. These investments will be used to develop national manufacturing champions and create job opportunities for the youth of the nation. This means ... Read more

The Approach of Rational Expectations: Theory, Practice and Criticism

The Approach of Rational Expectations: Theory, Practice and Criticism 4

The approach of rational expectations proposes an insight into how participants of the market make their decisions depending upon their predictions about the future. All the available information in the market regarding any stock or asset influences its price level in the market. The theory of rational expectations has been acknowledged as relevant by many ... Read more

The Srivijaya (thalassocracy) Empire - A Forgotten Powerful Kingdom

The Srivijaya (thalassocracy) Empire - A Forgotten Powerful Kingdom 10

The thalassocracy civilizations or water born Empires as they are called in Archaeological terms, have always been of keen fascination and interest to History academics and archaeologists. Interest in the recent discoveries of previously unknown civilisations that once existed on dry land and are now covered by encroaching coastlines, or alternately were built upon water ... Read more

Rashtriya Gokul Mission - Upliftment of Dairy Farmers | UPSC IAS IPS IFS

Rashtriya Gokul Mission - Upliftment of Dairy Farmers | UPSC IAS IPS IFS 12

Under the direction of Prime Minister Shri Narendra Modi, "Rashtriya Gokul Mission," (RGM) a unique programme under the National Program for Bovine Breeding and Dairy Development, was introduced to the nation in December 2014 with the goal of preserving and advancing native bovine breeds. The programme is crucial for increasing milk output and productivity of ... Read more