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RBI Holds Repo Rate, Raises Growth Projection Optimistically Why in the News? The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% while revising India’s real GDP growth forecast for 2026–27 upward to 6.7%. The decision reflects confidence in domestic economic resilience despite global uncertainties and inflationary pressures, influencing investment decisions …
Read MoreRBI Monetary Policy Balancing Inflation Growth And Stability Syllabus: GS-3: Banking Sector & NBFCs, Monetary Policy, Growth & Development Why in the News ? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is scheduled to announce its latest monetary policy. While most economists expect a status quo on the repo rate, …
Read MoreTO FIX UNEMPLOYMENT, FIX THE ECONOMY FIRST Syllabus: GS 3: Inclusive Growth Economic and Social Reforms Why in the News? India continues to face the challenge of high youth unemployment, jobless growth, and the emerging impact of Artificial Intelligence (AI) on employment. The debate has shifted beyond education and skill development to the need for …
Read MoreA GROWTH STORY THAT NEEDS WOMEN AT WORK Syllabus: GS 3: Employment Growth & Development . GS 2: Human resource. Why in the News? As India pursues the vision of Viksit Bharat 2047, concerns over high youth unemployment, low female labour force participation, and slowing employment-intensive growth have intensified. Studies indicate that increasing women’s …
Read MoreBHAVYA Portal: Building India’s Next Generation Industrial Ecosystem Introduction India’s aspiration to become a developed economy by 2047 depends not only on services-led growth but also on the creation of a strong, competitive and employment-generating manufacturing base. In this context, the launch of the BHAVYA Portal marks an important step towards strengthening India’s industrial infrastructure. …
Read MoreIntegrating Climate And Development Finance For Growth Why in the News ? Growing concerns over the global Sustainable Development Goals (SDG) financing gap and climate challenges have renewed focus on creating a unified framework that links climate finance and development finance, enabling investments that generate both environmental and socio-economic benefits while strengthening environmental democracy and …
Read MoreINDIA NEEDS TO WIN BACK FOREIGN INVESTORS Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? The Union government recently increased the effective import duty on gold from 6% to 15% to reduce imports and ease pressure on India’s balance of payments amid rising oil prices and external …
Read MoreA REVISION OF GDP AND ITS IMPLICATIONS Why in the News? India has released a revised GDP series with 2022–23 as the new base year, replacing the earlier 2011–12 base year series. The revision reduces the estimated absolute size of GDP and alters the sectoral composition of production in the economy. While the correction in …
Read MoreOSOP Scheme Boosts Local Crafts via Railways Why in the News? The Indian Railways’ One Station One Product (OSOP) scheme has expanded to over 2,000 railway stations, benefiting 1.32 lakh artisans and small producers by providing direct market access, strengthening Vocal for Local and livelihood generation, while also promoting environmentally sustainable practices. OSOP Scheme: Expanding …
Read MoreTaiwanese Firm to Invest ₹1,000 Crore in Karnataka’s Industrial Park In a significant move aimed at strengthening India’s position in the global electronics and semiconductor value chain, the Allegiance Group, a Taiwanese firm, has signed an agreement with the Karnataka government to invest ₹1,000 crore in the development of an India-Taiwan Industrial Park (ITIP). This …
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