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Ayussh Sanghi Profile picture
@ayusshsanghi
Jun 18 • 4 tweets • 1 min read Twitter logo Read on Twitter
✨ Economics Basics 101:

"Off - Budget borrowings of the state"

- loans obtained by government entities such as PSUs or special purpose vehicles, behalf of government finance its expenditure.

Follow for more 😃
@ayusshsanghi

#UPSC

Some more details🧵
1. CAG's observations:

- These borrowings are not included while computing the debt and fiscal deficit of the state government.
2. There is no mention of it in the budget documents.
3. It is being observed that;

Southern Indian states have much more borrowings than Northern Indian states.

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More from @ayusshsanghi

Ayussh Sanghi Profile picture
Jun 21
TV shows are a fun way to learn and take a break from the books.📺

Here are 6 TV shows you can watch to strengthen your #UPSC Prep.

Bookmark this thread 🧵 to visit later 👇
1. Pradhanmantri on ABP

- Narrates post-Independence history (1947-2014).
- Keeps PM tenures in mind to share Indian stories.
- Teaches you about social, economic and political events of the country.

Watch here👇🏻
2. Bharat Ek Khoj on DD

- Based on JLN's Discovery of India.
- Explores rich, diverse and cultural Indian heritage in modern times.

Watch here👇🏻
Read 8 tweets
Ayussh Sanghi Profile picture
Jun 17
✨ Reserve Bank of India - "functions"

* The Reserve Bank of India (RBI) is the central bank of India.

* It was established in 1935 under a special act of the parliament.

* It is responsible for determining the country's monetary policy.

Follow 🤜 @ayusshsanghi

#UPSC Image
- The main role of the RBI is to maintain financial stability and to ensure adequate liquidity in the economy.
- The following are the main functions that the RBI performs dutifully:
Read 7 tweets
Ayussh Sanghi Profile picture
Jun 16
✨ Finance Commission

- Main Task:
Determine how much of the Centre's tax revenue should be given away to States(the vertical share)
and
how to distribute that among states(horizontal share).

- It is Constitutional Body,Article 280 of Indian Constitution.

@ayusshsanghi Image
Finance Commission remains virtually the sole artichect of India's fiscal federalism,
It's responsibility and influence are, therefore,much larger.

As Planning Comission was abolished in 2014.
The Finance Commission is constituted by the president every 5 years or as required in the mid-term.
Read 4 tweets
Ayussh Sanghi Profile picture
Jun 14
“CoWin Data Leak issue”

- In this article several things were discussed.

1. CERT- in
2. Right to Privacy
3.RTI (Right to info) Act.

Lets have a look at all of them :

Follow for more such daily important news analysis.
@ayusshsanghi

#UPSC

Thread🧵: Image
1. CERT- in

- national nodal agency for responding to computer security incidents as and when they occur.

- CERT-In was established in 2004 as a functional organization of the Ministry of Electronics and Information Technology.
2. Right to Privacy

- Right to privacy is protected as an intrinsic part of the right to life and personal liberty under Article 21.

- Supreme Court in its landmark judgement of K.S. Puttaswamy case 2017 ,
Upheld Right to Privacy as a fundamental and inalienable right.
Read 6 tweets

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