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Implementation Of Viksit Bharat – G RAM G Act Why in the News? The Ministry of Rural Development has notified the nationwide implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act from 1 July 2026. The Act replaces the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Act and guarantees 125 …
Read MoreIndia’s GDP Growth Projection For FY 2026–27 Why in the News? A report released by State Bank of India Research projects India’s economy to grow at 6.6% in FY 2026–27, compared to an estimated 7.5% growth in FY 2025–26. The report highlights India’s economic resilience despite global uncertainties, while also cautioning against risks from crude …
Read MoreWelfare vs Development Debate Syllabus GS 2: Government Intervention Why in the News? Recently, debates have increased over political promises of development, highlighting confusion between welfare schemes and long-term development, and raising concerns about sustainability, fiscal health, and inclusive growth. Introduction In modern democratic politics, development has become a key promise used by political parties …
Read MoreWORLD BANK: 5.75% INDIANS LIVE IN EXTREME POVERTY Why in the News? Recent estimates: World Bank’s April 2025 poverty report states 5.75% of Indians are below the global poverty line of $3/day (PPP), highlighting ongoing challenges in global extreme poverty reduction and the persistence of poverty in developing nations. Sharp decline: The percentage of people …
Read MoreSyllabus: GS 2: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Economic Growth and Development. Why in the News? India’s economy has surpassed growth expectations, achieving an 8.2% increase in GDP for 2023-24. This performance exceeds previous estimates and highlights the resilience of India’s economic framework despite challenges in …
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