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INDIA’S ECONOMIC CHURN AND THE NECTAR OF GROWTH Why in the news? The economy of India is being described as a “fact-rich story” of resilience, growth, and energy security, countering global sceptics who label it a “dead economy.” This positive narrative is supported by the latest economic survey 2024 and reflects the current Indian economy …
Read MoreIndia’s Growing Outward FDI Conundrum: Implications for Economic Growth and Policy Syllabus: GS Paper – 2 Government Policies & Interventions GS Paper – 3 Liberalization, Growth & Development Why in the News? The 2025 UNCTAD World Investment Report and two other global studies have flagged a sharp decline in global FDI flows, highlighting its implications …
Read MoreAIDING INDIA’S PROGRESS WITH CHOICE, CONTROL AND CAPITAL Syllabus: GS 2: ● Population and associated issues ● Social issues Why in the News? World Population Day 2025 focuses on “Empowering young people to create the families they want in a fair and hopeful world.” With India housing the world’s largest youth population, it is imperative …
Read MoreIndia to Revise GDP Base Year to 2022-23 Why in the News? The Ministry of Statistics has announced that India’s GDP base year will be updated from 2011-12 to 2022-23, with revised data expected by February 2026. This is part of a broader effort to better reflect the evolving economy. Understanding GDP Base Year Revision: …
Read MoreINDIA’S GROWTH: MIRAGE OR MILESTONE? Syllabus: GS-3: Growth & Development Focus: India is reportedly poised to overtake Japan to become the world’s fourth-largest economy by nominal GDP, as per International Monetary Fund (IMF) projections. While this milestone garners national pride, concerns linger over the true economic competitiveness, per capita income of India, and sustainability of …
Read MoreIndia Lifts 17 Crore People Out of Poverty Why in the News ? According to the World Bank’s Spring 2025 Poverty and Equity report, India has lifted over 17.1 crore people out of extreme poverty in the past decade, with major contributions from five states and notable improvements in rural and urban poverty rates. Major …
Read MoreSyllabus: GS-3- GDP growth rate , economic and overall development , GST, GST Council Focus : The article focuses on the transformative impact of GST on India’s tax landscape, its achievements, unique credentials, and the critical need for further policy reforms to address existing challenges and support India’s economic growth and development. Source – FE …
Read MoreSyllabus: GS-3- GDP growth rate , economic and overall development , Monetary policy and Credit growth Focus : The article explores the intricate relationship between interest rates, investment, and economic growth in India. It questions the assumption that cheaper credit automatically boosts GDP growth, highlighting the role of market demand, capacity utilization, and inflation in …
Read MoreWhy in the news? India’s current account balance registered a surplus of $5.7 billion in Q4 FY24, amounting to 0.6% of GDP, marking a significant turnaround from previous deficits. This shift was primarily driven by a reduced merchandise trade deficit, which narrowed to $50.9 billion from $69.9 billion in Q3 FY24. Source:Oliveboard Key Highlights India …
Read MoreSYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: In the latest meeting, the Reserve Bank of India’s Monetary Policy Committee (MPC) maintained the repo rate at 6.50% for the eighth consecutive time, citing the persistent threat of food inflation as a key concern. Source: TOI …
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