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ThinkQ: Perspective On Current Affairs (Economy)

Think Q - 18th October 2021
World Energy Outlook 2021

IEA recently released the 2021 edition of its flagship World Energy Outlook

Think Q - 15th October 2021
Power Finance Corporation Ltd (PFC) becomes 11th PSE to get the ‘Maharatna’ status

Power Finance Corporation Ltd (PFC) has recently become the 11th Central public sector enterprise (CPSE) to get the ‘Maharatna’ status in the country.

  • This is expected to give PFC greater operational and financial autonomy.
  • The grant of ‘Maharatna’ status will impart enhanced powers to the PFC Board while taking financial decisions.
Think Q - 14th October 2021
The Global Minimum Tax Deal

Global Minimum Tax Rate, a global deal to ensure big companies pay a minimum tax rate of 15 per cent and make it harder for them to avoid taxation has been agreed by 136 countries recently (including India).

Think Q - 13th October 2021
Global Multidimensional Poverty Index 2021

The Global Multidimensional Poverty Index 2021 was released recently. This index presents the incidence and intensity of multidimensional poverty among castes and tribes and among individuals who are not members of any caste or tribe.

  • In India five out of six multi-dimensionally poor people are from lower tribes or castes.
Market Based Economic Despatch (MBED) Phase 1

Recently, the Ministry of Power released Framework for Implementation of Market Based Economic Despatch (MBED) Phase 1 to reduce consumers’ power purchase costs by 5%.

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