Phillips Curve
Phillips Curve states that inflation and unemployment have an inverse relationship; higher inflation is associated with lower unemployment and vice versa.
Rural Poverty
Rural poverty, is characterised by various factors including poor living conditions, heavy reliance on agriculture, landlessness and limited access to basic services.
Multidimensional Poverty Index(MPI)
Global Multidimensional Poverty Index(MPI) was developed by the OPHI and the UNDP and uses different factors to determine poverty beyond income.
Banking sector reforms
Banking Sector Reforms refer to the series of changes implemented to modernise and strengthen the Indian banking system.
Banking laws amendment bill – 2024
Banking laws amendment bill allows bank account holders to have up to four nominees in their accounts also proposes changes related to directorship.
Biosimilars
Biosimilars refer to a biologic that is very similar to the one that has been cleared by the authorities for prescription by doctors.
Patent evergreening
Patent evergreening is a strategy used by companies to extend the life of their patents and maintain commercial exclusivity.
Right to Privacy
the right to privacy is protected as an intrinsic part of the right to life and personal liberty under Article 21, Part III of the Constitution
Ayushman Bharat
The Ayushman Bharat Yojana,(PMJAY), is a health insurance scheme launched by the Government of India in 2018, extended to elderly..
Rare Diseases
Rare diseases as a debilitating, lifelong condition that affects 1 or few in 1,000. Around 8% of the population is estimated to have a rare disease.