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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Digital Governance
Intelligent Grievance Monitoring System (IGMS)
Delhi government is developing IGMS with IIT Kanpur to integrate multiple grievance platforms like CPGRAMS and LG Listening Post into one unified dashboard. The system will use AI/ML for faster resolution, root-cause analysis, department prediction, and enhanced transparency in public service delivery.
Governance Reforms
Outcome-Driven Governance Shift
India’s 2025 economic reforms mark a transition from regulation-heavy frameworks to outcome-oriented governance. This approach focuses on measurable results in taxation, labour regulations, job creation, and MSME growth rather than compliance-focused bureaucratic processes.
Labour & Employment
Labour Code Consolidation
Labour reforms have consolidated 29 labour laws into 4 labour codes, simplifying compliance. A significant change is the extension of social security to gig and platform workers, recognizing the growing informal and digital economy workforce.
Business & Economy
Trademark Registrations Record
India achieved over 5.5 lakh trademark registrations in FY 2024–25, a record high. This surge is attributed to digitisation of IP services, faster examination processes, and awareness initiatives, reflecting stronger intellectual property protection and business confidence.
Monetary Policy
RBI’s Scale-Based Regulation for NBFCs
RBI’s SBR framework categorizes NBFCs into layers based on asset size and risk. Base Layer NBFCs (assets below ₹1,000 crore) face lighter regulation, while higher layers face progressively stricter oversight to manage systemic risk effectively.
Banking & Finance
Banking Infrastructure Trends
While India’s total ATM count declined to about 2.51 lakh due to digital payment growth, bank branches expanded to 1.64 lakh. Public sector banks drove expansion in rural/semi-urban areas, and white label ATMs increased in underserved regions, balancing digital-first with financial inclusion.
Economy
India as Fourth-Largest Economy
India’s rise to the world’s fourth-largest economy is driven by strong domestic consumption, robust structural reforms, and accelerating growth momentum. Unlike export-dependent models, India’s growth is anchored in internal demand and policy reforms.
International Business
100% FDI in Insurance Sector
New rules permit 100% FDI in insurance with relaxed governance restrictions. However, as a safeguard, at least one key leadership position (CEO/MD/Chairperson) must be held by an Indian resident, balancing foreign capital attraction with national oversight.
Infrastructure
NTH-NHAI Quality Enhancement Partnership
The MoU between National Test House (NTH) and NHAI strengthens highway construction through material testing and third-party verification. NTH will provide digital reports and technical support, reducing quality lapses and cost overruns in infrastructure projects.
Technology
Indian AI Research Organization (IAIRO)
IAIRO will be established at GIFT City as a Section 8 non-profit under a PPP model aligned with IndiaAI Mission. Focus areas include advanced AI research, IP creation, AI solutions development, capacity building, and creating a future-ready AI workforce for India.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Which institution is developing Delhi’s IGMS?
IIT Kanpur
Collaborative project for AI/ML-powered grievance resolution
Tap to Reveal
How many labour laws were consolidated into labour codes?
29 into 4 codes
Major simplification of labour compliance framework
Tap to Reveal
What was India’s trademark registration count in FY 2024-25?
Over 5.5 lakh
Record high driven by digitisation and faster processing
Tap to Reveal
Asset threshold for Base Layer NBFCs under SBR?
Below ₹1,000 crore
These NBFCs face lighter regulatory requirements
Tap to Reveal
What is India’s current global economic ranking?
Fourth-largest economy
Driven by domestic consumption and reforms
Tap to Reveal
Maximum FDI allowed in insurance sector now?
100%
With condition: one top leadership position must be Indian resident
Tap to Reveal
Which organization signed MoU with NHAI for quality testing?
National Test House (NTH)
For material testing and third-party verification in highways
Tap to Reveal
Where will IAIRO be established?
GIFT City
As Section 8 non-profit under PPP model for AI research
Think & Discuss
From Regulation to Results: Can Outcome-Driven Governance Transform India?
Context from today’s quiz: India’s 2025 economic reforms represent a fundamental shift from regulation-heavy frameworks to outcome-driven governance. This transition affects multiple sectors—from labour codes consolidating 29 laws into 4, to digital governance systems like IGMS using AI for grievance resolution, to 100% FDI in insurance with minimal compliance barriers. The underlying philosophy: focus on measurable results rather than procedural compliance.
🤔 Your Perspective Matters
As India moves toward outcome-oriented governance, reducing regulatory burden while maintaining accountability becomes critical. This shift promises faster decision-making, entrepreneurial freedom, and economic growth—but also raises concerns about oversight, worker protection, and quality standards.
How should India balance outcome-driven governance with necessary safeguards to protect public interest?
How should India balance outcome-driven governance with necessary safeguards to protect public interest?
- Does consolidating 29 labour laws into 4 codes adequately protect workers in the gig economy, or does it create enforcement gaps?
- Can AI-driven systems like IGMS truly replace human oversight in sensitive areas like grievance redressal, or do they risk algorithmic bias and exclusion?
- With 100% FDI in insurance, how effective is the “one Indian resident in leadership” safeguard in ensuring national interests are protected?
- What metrics should define “outcomes” in governance—GDP growth alone, or should they include equity, sustainability, and citizen satisfaction?
We’d love to hear your thoughts! Share your perspective in the comments.
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