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20Jun 2024

DISCONNECT BETWEEN INDIA’S ECONOMIC GROWTH AND GLOBAL RANKINGS

Syllabus: GS-3- Economic situation in India , Issues at global level and solutions Focus : The article addresses the disconnect between India’s rising economy and its declining positions in various global indices, highlighting perceived biases and flaws in these rankings. It critiques the methodologies of international indices and suggests the need for India to …

01Jun 2024

MANUFACTURING SECTOR DRIVES GDP GROWTH TO 8.2% IN FISCAL YEAR

Why in the news? India’s real Gross Domestic Product (GDP) for FY24 grew by a faster-than-expected 8.2%, exceeding the initial projection of 7.3% by the National Statistical Office (NSO). Nominal GDP witnessed a growth rate of 9.6% in FY24, with real Gross Value Added (GVA) expanding by 7.2%. The significant growth in the manufacturing sector …

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DISCONNECT BETWEEN INDIA’S ECONOMIC GROWTH AND GLOBAL RANKINGS

MANUFACTURING SECTOR DRIVES GDP GROWTH TO 8.2% IN FISCAL YEAR

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