Fiscal Deficit is the difference between a government’s total expenditure and its total revenue (excluding borrowings). It represents the total borrowing requirement of the government. Calculation Fiscal Deficit = Total Expenditure – (Revenue Receipts + Non-debt Capital Receipts), Economic Implications … Continue reading →

The scheme was announced as a part of the Economic Stimulus-II under the Atmanirbhar Bharat Abhiyan in 2020 during the COVID period. It is a Central Sector Scheme under the Ministry of Housing and Urban Affairs Objectives To facilitate collateral-free … Continue reading →

India-Middle East-Europe Economic Corridor (IMEC) is a proposed corridor that PM Modi recently introduced during his address to the Israeli Parliament. IMEC aims to foster economic cooperation and green development through sustainable infrastructure projects. What do you need to know? … Continue reading →

It is developed to examine every phase of cosmic history, from the Big Bang to the formation of galaxies, stars, and planets, to the evolution of our own Solar System. Facts To Know It is jointly developed by NASA, the … Continue reading →