Topic 1: Strategic Partnership Council Why in news: Saudi Arabia and India co-chaired the first summit-level meeting of the India-Saudi Arabia Strategic Partnership Council (SPC). About the India-Saudi Arabia Strategic Partnership Council
1. Many countries are still struggling to collect sufficient revenues to finance their own development. Countries collecting less than 15 percent of GDP in taxes must increase their revenue collection
DOUBLING FARMERS INCOME: Reason: The Government of India in its Annual Budget 2016-17 set a policy target of doubling farmers’ income by 2022. Key Points About: Agriculture sustains livelihood for more than half of India’s
Banks provide loans to the NBFCs (Non-Banking Financial Companies), which in turn extend loans to the high-risk sectors (such as infrastructure and housing) that the banks were avoiding. Discuss the
Banks provide loans to the NBFCs (Non-Banking Financial Companies), which in turn extend loans to the high-risk sectors (such as infrastructure and housing) that the banks were avoiding. Discuss the
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