The Election Commission of India (ECI) is a constitutional body that is responsible for the conduct of free and fair elections in India. It was established on January 25, 1950, under Article 324 of the Constitution of India. The ECI has been given a unique constitutional position to ensure its independence and impartiality in the …
The Ordinance-making power of the Governor of a state is an important provision in the Indian Constitution that enables the state executive to take immediate action in situations that require urgent legislation. The Governor’s power to promulgate an ordinance is similar to that of the President of India, but it is limited to the state …
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The ordinance-making power of the President of India is an essential part of the Indian Constitution. The Constitution grants the President the power to promulgate ordinances in certain circumstances when Parliament is not in session. This power is an essential tool for the executive branch of the government to ensure that the country can respond …
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Nuclear power plants are an important source of electricity. They generate power through nuclear reactions that release a large amount of energy in the form of heat. This heat is then used to generate steam that drives turbines and ultimately produces electricity. Despite their advantages, nuclear power plants also have their challenges and controversies that …
Electricity generation in India is a major contributor to the country’s economic growth and development. India has a diverse mix of energy sources for electricity generation, including coal, natural gas, hydro, nuclear, and renewable sources like wind, solar, and biomass. Coal is the primary source of electricity generation in India, accounting for about 70% of …
GST council is a constitutional body in India that was established on 15th September 2016. The council is responsible for overseeing and administering the implementation of GST in India. The Composition of GST Council Union Finance Minister (Chairperson) Union Minister of State in charge of Revenue or Finance The finance ministers of all the states …
Particularly Vulnerable Tribal Groups (PVTGs) are some of the most marginalized and vulnerable communities in India. These are the indigenous communities who have been identified as being at the lowest rungs of the social ladder and are particularly vulnerable to exploitation and oppression. In this article, we will explore the concept of PVTGs, their status …
The G20, or Group of Twenty, is a forum for international economic cooperation that brings together the leaders of the world’s 20 largest economies. It was founded in 1999 with the aim of promoting global economic growth, international trade, and financial stability. In this article, we’ll take a closer look at the G20, its history, …
Transfer pricing is a term used to describe the process of setting the price for goods or services that are transferred between related companies, which could be in different countries. This practice is important for multinational companies that operate in different jurisdictions because they need to ensure that their transfer pricing practices are in compliance …
A haircut is a term used in economics that refers to a reduction in the value of an asset or collateral that is being used to secure a loan. Haircuts are commonly used in the financial industry to manage risk and prevent potential losses. What is a Haircut? In economics, a haircut is a percentage …