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Atmanirbhar Bharat and Path to Viksit Bharat Syllabus: GS Paper – 3 Growth & DevelopmentGS Paper – 2 Government Policies & Interventions Why in the News ? On August 15, 2024, Prime Minister Narendra Modi addressed the nation from the Red Fort. He emphasized self-reliance (Atmanirbharta) as the foundation for building a Viksit Bharat by …
Read MoreDebunking the Myth of Job Creation Syllabus: GS 3 Employment generation Economic development Why in the News? On July 1, 2025, the government approved the Employment Linked Incentive (ELI) Scheme to support employment generation, with an outlay of ₹99,446 crore. However, this raises serious concerns about the target population in a labour market where capital–labour …
Read MoreEMPLOYMENT-LINKED INCENTIVE SCHEME FOR FORMAL JOB CREATION Why in the News? Cabinet approval: The Union Cabinet approved the Employment-Linked Incentive (ELI) scheme to boost formal job creation, especially in manufacturing. This represents one of the most significant policy changes in recent years aimed at employment generation. Massive outlay: With a budget of ₹99,446 crore, the …
Read MoreMSMEs: Powering India’s self-reliance and global economic rise Why in the News? India’s MSME sector has emerged as a cornerstone of economic transformation, contributing significantly to GDP, employment, exports, and self-reliance. Its role in powering Atmanirbhar Bharat, enhancing global competitiveness, and expanding manufacturing makes it vital to India’s journey toward becoming a $5 trillion economy …
Read MoreSOUTH KOREA’S SHIFT WITH PRAGMATIC PROGRESSIVISM Syllabus: GS-2: India and its Neighbourhood, Bilateral Groupings & Agreements, Groupings & Agreements Involving India and/or Affecting India’s Interests WHY IN THE NEWS? South Korea recently elected Lee Jae-Myung as South Korean President in a snap election following the impeachment of former President Yoon Suk Yeol, who controversially declared …
Read MoreShipki La Pass Reopens, Boosting Culture and Trade Why in the News? In the latest India-China border news, Himachal Pradesh has reopened the Shipki La Pass, one of the significant mountain passes in Himachal Pradesh and among India’s mountain passes, located in Kinnaur district for domestic tourism. This move sparks hopes for revived trade and …
Read MoreIndia’s Steady GDP Growth Boosts MSCI Weightage and Agricultural Innovation Why in the News? India’s consistent nominal GDP growth and domestic economic strength are expected to gradually raise its weight in the MSCI Emerging Markets Index, attracting more foreign investments, according to BNP Paribas strategist Daniel Morris in a recent interview. This development highlights India’s …
Read MoreNATIONAL MISSION TO BOOST MANUFACTURING SECTOR Syllabus: GS Paper -3 Industrial Policy, Infrastructure Growth & Development Why in the News? The Union Budget 2025-26 announced the launch of the National Manufacturing Mission (NMM) to revive and strengthen India’s manufacturing sector. With the goal of increasing its contribution to GDP and global output share, this mission …
Read MoreNortheast India: From Isolation to Innovation – A Decade of Transformation (2014–2024) The development of Northeast India over the last decade has been a core focus of the Government of India’s governance model centered on Seva (service), Sushasan (good governance), and Garib Kalyan (welfare of the poor). Once perceived as geographically and economically isolated, the …
Read MoreRBI Cuts Repo Rate and CRR to Boost Growth Why in the News? The Reserve Bank of India (RBI) has slashed the repo rate to 5.5% and announced a 100 bps reduction in CRR in phases. This RBI interest rate decision aims to boost credit availability, reduce the cost of funds, and support economic growth …
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