India, one of the largest consumers of gold globally, introduced the Gold Monetization Scheme (GMS) and Medium and Long-Term Government Deposit (MLTGD) to unlock idle gold held by households and institutions. Launched in 2015, the scheme aimed to reduce the country’s dependence on gold imports, mobilize gold lying unused, and bring it into the formal … Read more
Ques- The rise of quick commerce in India threatens the survival of traditional Kirana stores, which are the backbone of the rural and urban economy.” Examine the statement and suggest measures to ensure their coexistence. (15 marks, 250 words) Brief outline to this answer- Introduction-Context – Quick Commerce, Kirana Stores, and conflict Body- It has … Read more
GDP vs Happiness: India, the world’s fifth-largest economy by GDP, faces a paradox: it ranks 118th in the 2025 World Happiness Report, trailing smaller neighbors Nepal and Bhutan. This disparity raises critical questions about GDP as a flawed indicator of well-being and underscores the need for holistic metrics like Bhutan’s Gross National Happiness (GNH) or … Read more
Quick commerce is revolutionizing India’s retail sector, promising 10-minute deliveries and tech-driven convenience. However, this rapid growth of quick commerce in India has sparked a fierce debate about its impact on traditional retail, particularly the survival of neighbourhood kirana stores. While startups like Blinkit and Zepto cater to urban consumers’ demand for instant gratification, small … Read more
