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POVERTY DECLINES, GDP GROWTH DRIVES CHANGE Syllabus: GS-3: ● Indian Economy ● Poverty and related issues Why in the News? The recent Household Consumption Expenditure Survey (2022–23) and National Statistical Office (NSO) estimates for 2023–24 indicate a significant reduction in poverty and consumption inequality in India. The poverty rate in India 2022 fell into single …
Read MoreWhy in the News? Supreme Court ruling: The SC overturned an NGT order (2022) and a Madras HC decision (2024) halting development in Auroville. Key issue: Lack of environmental clearance cited as a reason for stopping construction. Balancing rights: The judgment emphasized striking a “golden balance” between the right to a clean environment and the …
Read MoreWhy in the news? The Ministry of Statistics and Programme Implementation released the 2023-24 Household Consumption Expenditure Survey, highlighting reduced urban-rural consumption gaps, declining Gini coefficients, and improved economic well-being across India, reflecting increased economic inclusivity and balanced development. Urban-Rural Consumption Gap: The urban-rural consumption disparity has declined across major states, indicating balanced economic growth. …
Read MoreSyllabus: GS 2: India and neighbourhood relations Effect of policies and politics of regional countries. Why in the News? Prime Minister Narendra Modi’s historic visit to Kuwait marks the first by an Indian Prime Minister in over four decades, reflecting India’s intention to strengthen its ties with the Gulf region, a critical area for its …
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