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Syllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article emphasizes that the mandate from the 2024 elections centers on prioritizing economic governance over ideological pursuits. It highlights the necessity for the new government to focus on economic growth, job creation, and reducing regional disparities. The coalition dynamics …
Read MoreSyllabus: GS-3-Role of monetary authority and related institutions , RBI and its effectiveness Focus : Top of Form The article explores the unique challenges faced by central banks in democracies like India and the US, emphasizing the importance of maintaining their independence amidst political pressures. It examines the implications of political interference on monetary policy …
Read MoreSyllabus: GS-3- Indian economy , RBI and the functioning of RBI Focus : The RBI’s Monetary Policy Committee (MPC) has chosen to maintain the benchmark policy repo rate at 6.5%. This decision marks the seventh consecutive meeting where the rate remains unchanged. Source- RBI RBI’s Monetary Policy Decision: The above decision was supported by food …
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