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Topics for Indian Economy 2024-25
Syllabus for Indian Economy
- Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment
Ways and Means Advances (WMA)

- The Reserve Bank of India (RBI) has increased the Ways and Means Advances (WMA) limits for State governments and Union territories by 28%.
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Producer Price Index

- The Department for Promotion of Industry and Internal Trade (DPIIT) is finalizing a new model of the Producer Price Index (PPI) to capture input prices in the economy better
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Stable Coins

- Recent volatility in the stablecoin market, such as the collapse of TerraUSD, has drawn attention to the challenges facing these digital assets.
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Inverse ETF

- The Securities and Exchange Board of India (SEBI) has proposed a new asset class specifically for high-risk investors.
- This move is expected to provide access to advanced financial strategies, including:
- Long-short equity funds
- Inverse ETFs (Exchange-Traded Funds)
- The proposal aims to expand investment opportunities and allow sophisticated investors to hedge risks more effectively.
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Global Capability Centres (GCCs)

- Global Capability Centres (GCCs) are offshore units of multinational companies (MNCs) that provide various services such as IT, engineering, research & development (R&D), and business process management (BPM).
- They have become a vital part of India’s economy, contributing over 1% to the GDP and significantly enhancing service exports.
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Greenium

- India’s sovereign green bonds have not received significant green premiums (Greenium) from private investors, impacting the financing of green transition projects (Economic Survey 2023-24).
- Despite India’s highly rated green bond framework, actual capital flow for the energy transition in emerging markets remains below potential.
- The Economic Survey urges developed nations to provide more accessible and affordable financial resources, aligned with UNFCCC and Paris Agreement commitments.
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Liquidity Coverage Ratio (LCR)

- The Reserve Bank of India (RBI) has introduced draft guidelines requiring banks to hold more liquid assets to manage potential bank runs.
- The move aims to enhance financial stability but may slow credit growth as banks shift towards safer investments like government securities.
- The guideline includes digital deposit outflows in LCR calculations, addressing risks similar to the Silicon Valley Bank collapse.
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