TopTgm
economy-by-vivek-singh

ECONOMY by VIVEK SINGH

Locale: en
Subscribers:125K
Category: economics
Tags: economics
Description:
This channel provides daily analysis of Economy news relevant for UPSC/RBI/SEBI/ NABARD etc.

For any feedback pls send msg on telegram @viveksingheconomy or mail to [email protected]
🚨*Countdown Begins . .*
*Less than 1 Month left for BPSC Prelims Exam!* 🚨

*Dive into the Unacademy All India BPSC Prelims FREE Mock test!*

Discover how close you are to your dream of becoming an Officer πŸ“š

*Test Date: 17th November | 11 AM to 01 PM*

*Register Now:

*Features:*

πŸ†All India Ranking
πŸ“š Experience BPSC Prelims before the actual exam
πŸ” Based on the BPSC Prelims Exam
βœ… Offline Mode
🌐 Languages: Hindi & English

πŸ“ Location: Unacademy First Floor, Pushpanjali Complex, West Boring Canal Rd, Patna, Bihar 800001
11/14/2024, 5:46:42 PM
ΰ€­ΰ€Ύΰ€°ΰ€€ΰ₯€ΰ€― ΰ€…ΰ€°ΰ₯ΰ€₯ΰ€΅ΰ₯ΰ€―ΰ€΅ΰ€Έΰ₯ΰ€₯ΰ€Ύ Bhartiya Arthvyavastha | Indian Economy (Hindi Edition Book) 2024 - 2025 | By Vivek Singh | UPSC Civil Services Exam CSE | General Studies GS Paper 3 | Includes Budget 2024-25 & Economic Survey 2023-24
11/12/2024, 10:19:28 AM
Bhartiya Arthvyavastha | Indian Economy (Hindi Edition Book) 2024 - 2025 | By Vivek Singh | UPSC Civil Services Exam CSE | General Studies GS Paper 3 | Includes Budget 2024-25 & Economic Survey 2023-24 on Flipkart
11/12/2024, 10:18:45 AM
πŸ‘¨πŸ»β€πŸŽ“ Join Economy Capsule Prelims Cum Mains Course for UPSC 2025/26 by Vivek Singh Sir

πŸ—“ Start Date: 20th November, 2024

πŸ“£ Early bird discount till 12th NovemberπŸ“£

Course Features:

βœ… Covers both Static and Current Affairs.
βœ… Economic Survey and Budget will be covered
βœ… Includes Previous Years Questions

πŸ‘‰ Payment Link:

* Online Mode:

* Offline Mode:

πŸ“ For more details, visit Unacademy IAS: 3-B, Pusa Road, Block 11, Old Rajinder Nagar, New Delhi, 110060, or call us at 8147045876
T&C apply*
11/9/2024, 6:41:50 AM
Get the UPSC GS Foundation Course at a special festive price of β‚Ή59,999!

This Diwali, light up your preparation with unbeatable value πŸŽ†

πŸŽ“Join the GS Foundation batch for 2026/27

πŸ“… Batch starts from 4th November

πŸ“‹ Fill this for FREE demo: πŸ“‹

πŸš€Comprehensive preparation with expert guidance
πŸ“š 100% GS syllabus coverage in 800+ hours
🌐 360° current affairs coverage
πŸ“ Access to Plus Classes & Tests
πŸ‘¨β€πŸ« 1:1 Mentorship by expert faculty

πŸ“Location: Unacademy IAS Centre, Karol Bagh, New Delhi

Build a strong foundation for your success! Enrol now!
10/30/2024, 12:09:45 PM
Watch Here:

Podcast is LIVE! πŸŽ†

πŸ”₯ How UPSC preparation Shapes You | Roman Saini, Priyanka Goel, Shashwat , Shivin, Keshav & Madhukar Kotawae Sir
10/29/2024, 3:56:43 PM
Source: The Hindu

MUDRA is mostly refinance scheme where Govt. provides funds to Banks/NBFCs and then they provide loans to Informal businesses without any collateral. But Govt. has set up a fund 'Credit Guarantee Fund for Micro Units' (CGFMU) which provides credit guarantee on these loans. Of course it will have a cost to Govt. but Govt. does this so that cost of credit remains cheap and accessible for the micro units.

There are three category of loans:

Shishu: < Rs. 50,000
Kishore: Rs. 50,000 < Rs. 5 lacs
Tarun: Rs. 5 lacs < Rs. 10 lacs

Now this Tarun category limit has been increased only for those who have already borrowed and repaid
10/26/2024, 3:51:28 AM
πŸ‘¨πŸ»β€πŸŽ“ Join Economy Capsule Pre Cum Mains Course for UPSC 2025/26 by Vivek Singh Sir

πŸ—“ Start Date: 18th June, 2024

πŸ“£ Early bird discount till 30th May πŸ“£

Course Features:
βœ… Covers both Static and Current Affairs.
βœ… Economic Survey and Budget will be covered
βœ… Includes Previous Years Questions

πŸ‘‰ Payment Link:
* Online Mode:
* Offline Mode:

πŸ“ For more details, visit Unacademy IAS: 3-B, Pusa Road, Block 11, Old Rajinder Nagar, New Delhi, 110060, or call us at 8147045876
T&C apply*
5/29/2024, 2:37:01 PM
Source: Indian Express
Income Tax Department (Ministry of Finance) has notified 'Cost Inflation Index (CII)' for calculating long term capital gain tax arising from sale of immovable properties, securities (shares/bonds) and jewellery).

For example. If i purchased a house worth Rs. 1 crore in present year and sold it in Rs. 1.1 crore next year and the CII is 10% then I don't need to pay any capital gain tax as the increase in the price of my house is just equivalent to inflation. If there is any additional gain over inflation (CII) then only I need to pay any capital gain tax.
5/26/2024, 3:01:09 AM
πŸ‘¨πŸ»β€πŸŽ“ Join Economy Capsule Pre Cum Mains Course for UPSC 2025/26 by Vivek Singh Sir

πŸ—“ Start Date: 18th June, 2024

πŸ“£ Early bird discount till 26th May πŸ“£

Course Features:
βœ… Covers both Static and Current Affairs.
βœ… Economic Survey and Budget will be covered
βœ… Includes Previous Years Questions

πŸ‘‰ Payment Link:
* Online Mode:
* Offline Mode:

πŸ“ For more details, visit Unacademy IAS: 3-B, Pusa Road, Block 11, Old Rajinder Nagar, New Delhi, 110060, or call us at 8147045876
T&C apply*
5/23/2024, 9:53:02 AM
Source: The Hindu
Every year RBI earns income from seigniorage (currency printing) and other sources and out of this income some part it keeps with itself (contingency risk buffer) and some part it transfers (dividend) to Govt. of India. This is called 'Economic Capital Framework'.

Bimal Jalan Committee has recommended to keep contingency risk buffer in the range of 5.5% to 6.5% of the balance sheet (i.e. assets or liabilities).

Higher income of RBI may be because of higher currency circulation in the system due to higher economic growth and higher amount of transactions.

5/23/2024, 5:11:11 AM
Indian Govt. securities joining Global Bond Index

β€’JP Morgan and Bloomberg will include (in June 2024) Govt. of India bonds/securities in their β€˜Global Bond Index’. This will enable Govt. of India to access foreign debt capital easily.

β€’A β€˜bond index’ includes bonds of different entities like different corporations and Governments.

β€’An investor can invest either in the bonds of a single institution/company/government or they can invest in a "Bond Index (fund)" where the money will be put in bonds of various institutions/Governments proportionately as per the weights of the different bonds in the "Bond Index".

β€’If a foreign investor wants to purchase Govt. of India bonds, then they need approval of SEBI. But if foreign investors are investing through bond index (fund) then every foreign investor does not require SEBI approval, rather, only the (JP Morgan) bond index (fund) will require SEBI approval as a foreign portfolio investor (FPI). [So basically whenever a foreign investor invests in JP Morgan bond index fund then this fund will purchase Govt. rupee denominated bonds]

β€’This could lead to billions of dollars worth of inflows into India’s rupee-denominated government debt. (Earlier there was a discussion that its foreign currency denominated.... but actually it will be rupee denominated. In the book also its written foreign currency denominated but it will be Rupee denominated)

β€’Everything else remaining same, an incremental source of demand from foreign investors will bring down the government cost of borrowing and will free up the liquidity for domestic financers to deploy in more productive assets. This will also result in increase in liquidity in Indian Govt. securities.

β€’But it could also expose the country to a greater degree of exchange rate risk and potentially lead to volatility in the rupee if external conditions were to turn adverse.

5/16/2024, 3:20:47 AM
The above is just a draft guideline by RBI.

RBI has increased the provisioning required for Project finance (loans for which there is no additional collateral and the lenders expect to receive the principal and interest payment only from the specific project revenues to which the lender has provided loan).

Because of increase in provisioning requirement, Lenders will have to keep an additional amount for any future losses due to loans given for project finance (which are risky). So, due to provisioning, the account books of banks will change.... students don't need to go in detail as it requires an understanding of accounting concepts, but let me just put it in simple words.

Suppose a bank did provisioning of Rs. 100 crore amount then this amount will be subtracted from the income statement (as loss) and the same will be adjusted in the balance sheet of the bank due to which 'Common Equity Tier 1 capital' will get reduced which will result in reduction in 'Capital Adequacy Ratio (CAR)' [which is includes Tier 1 capital on numerator] and it also increases banks cost (of lending) as this much amount can't be lent.
5/7/2024, 8:36:29 AM
Relevant points of above article:

1. All GST anti-profiteering complaints are now dealt by the Competition Commission of India (CCI) from December 1, 2022. Prior, the National Anti-profiteering Authority (NAA) was set up in November, 2017 to check unfair profiteering activities by registered suppliers. And now the GST Appellate Tribunal (GSTAT) has also been operationalized.

2. Monthly GST Collections in April 2024 has crossed Rs. 2 lakh crore out of which SGST completely goes to States, IGST.... half goes to states and half to Centre and, out of CGST..... 41% goes to Stattes (as per Finance Commission)

3. Revenue Neutral (Tax) Rate in the context of implementing GST is basically that rate of GST at which the GST tax revenue will be equal to the tax revenue before implementing GST. This was suggested to be 15.3 per cent at the time of implementation of GST. But this Revenue Neutral Tax Rate has come down to 11.6 per cent that means now after implementing GST even at 11.6% of effective GST rate the tax revenue collection will be equal to what was the revenue collection at 15.3% at the time of implementation of GST. This is really good.

4. Tax Buoyancy has improved from 0.72 (before GST) to 1.22 right now. Even if we remove the compensation cess, GST Tax Revenue Buoyancy will be around 1.15. (Above 1 is considered as good).

5. Gross GST to Tax ratio has touched almost 7%. Overall Tax/GDP ratio of India is around 16%

6. GST is best example of Cooperative federalism as almost all the decisions happen through consensus.
5/7/2024, 6:03:35 AM
Indian Economy Book by Vivek Singh new (8th) edition will be released in July 2024 just after the new Budget and Reforms are announced.

The 8th edition will also be brought in few other languages... will confirm soon.
4/30/2024, 3:07:48 AM
The answer to the above question is (b).

Monetary policy transmission means when RBI is changing the repo rate (or some other operations like OMO) then how it gets transmitted in deposit and lending rates in financial markets.
When RBI changes repo rate then MSF rate automatically changes by the difference of 0.25%, so that is not called transmission.
4/29/2024, 3:22:25 AM
Question of the Day

Which of the following indicators is/are used to observe the monetary transmission mechanism in the economy?

1. Weighted average lending rate
2. Weighted average domestic term deposit rate
3. 1-year median MCLR
4. MSF rate
4/27/2024, 4:30:43 AM
In India, the present status of the above taxes is:

1. Estate Duty (Inheritance tax or death tax) abolished in 1985.
It was a tax levied on the total value of money and property of a deceased person before it is distributed to their legal heirs.

2. Wealth tax abolished in 2015
A tax levied on the net wealth owned by a person

3. Gift tax abolished in 1998
(But is was reintroduced in other form. Gifts from unrelated persons is included in 'income from other sources' and is taxed as per income tax slab. Gifts from blood relations are exempted)

4/25/2024, 4:59:01 AM
Astra - Prelims Test Series 2025/26

πŸ—“ Starting from 28th April

πŸ‘‰ Test Series Highlights:
🌟 Features 45 tests: 15 Fundamental, 10 Sectional, 10 Full-Length, 10 CSAT
🌟 UPSC-aligned questions & comprehensive coverage (Static & Current Affairs)
🌟 Post-test insights: Detailed Explanation Key, Performance Analysis, Question Approach Strategy Video

⏳ Hurry! Limited slots available!

Modes: Available both 🌐 Online and πŸ“ Offline!

πŸ‘‰ Payment Link:

πŸ“ For further details, visit us at Unacademy IAS Centre - ORN
🌍 Map: , or reach out to us at πŸ“ž 8147045876.
4/23/2024, 8:59:00 AM
Tax Collection in FY 2023-24
(major Central taxes on a net basis)

Personal Income Tax = Rs. 10.44 lakh crore
Corporate Income Tax = Rs. 9.11 lakh crore
GST Collection = Rs. 9.01 lakh crore

4/22/2024, 3:12:49 AM
This website is not affiliated with Telegram. Visual content shown here might be copyrighted by rightful owners. No infringement intended.
DISCLAIMER: Infos without tag OFFICIAL posted on website are public, and wo are not responsible for the content on their media. Join or subscribe the info there maybe some risk with you. If you have any issueContact UsPlease!