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10Oct 2024

Festive Season Boosts India’s Consumption Recovery Prospects

Why in the news? India’s private consumption shows signs of recovery, with increased spending expected during the festive season. However, long-term trends in key indicators remain below five-year averages. Overview of Consumption Patterns: Recent Trends: Private final consumption expenditure (PFCE) showed a significant turnaround in April-June 2024, growing by 12.4% in nominal terms, positively impacting …

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09Oct 2024

Uganda and India Strengthen Ties for Future Growth

Why in the news? Uganda and India are enhancing their bilateral relations, focusing on cooperation in development, education, health, and technology, following high-level visits and agreements. Historical Context Uganda, known as the “Pearl of Africa,” has historical ties with India dating back to the late 19th and early 20th centuries. Indian labourers and traders migrated …

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05Oct 2024

India’s circular migration: Bridging global skill gaps

Syllabus: GS-2: Human ResourceGovernment Policies & Interventions GS- 3: Skill DevelopmentGrowth & Development Focus: India’s focus on plugging the global skill gap has gained momentum through government-to-government agreements, enabling skilled migration. With countries like Israel, Japan, and Germany facing workforce shortages due to ageing populations, India is leveraging its vast human capital to meet global …

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04Oct 2024

10 Years of Make in India: Achievements, Challenges, and the Road Ahead

Make in India has completed 10 years since its launch in 2014! 🇮🇳✨ In this video, we explore the successes, challenges, and the future of this ambitious initiative aimed at transforming India into a global manufacturing hub. From the mobile manufacturing boom to the rise in defence exports and the growth of renewable energy, India …

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04Oct 2024

India’s economic growth amidst global and domestic challenges

Syllabus: GS 3: Indian Economy and Issues related to Planning and Growth. Changes in Industrial Policy And Effect on Industrial growth Why in the News? India’s GDP growth projection for 2024-25 is now clouded by uncertainties arising from global conflicts, climate impacts, and ongoing domestic civil unrest, which have all contributed to a less favourable …

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01Oct 2024

Core Sector Declines Amid Improving Fiscal Deficit in India

Why in the news? Recent data reveals India’s core sector contracted significantly in August, while the fiscal deficit showed improvement, highlighting mixed signals for the economy’s health and performance. Highlights about the Mixed Economic Signals for India: Core Sector Performance: In August, India’s core sector output fell by6%, showing a significant decline from the previous …

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01Oct 2024

FDI Trends in India

Syllabus: GS 2: Government Policies and intetventions GS 3: Liberalization Why in the News? Recently, Chief Justice D.Y. Chandrachud stressed the importance of rule of law as the regional office of the Permanent Court of Arbitration was set up in New Delhi to boost investor confidence. Introduction Regional office of the Hague Permanent Court of …

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30Sep 2024

National Logistics Policy

Syllabus: GS 3: Government Policies and intetventions Why in the News? India’s exports have been under focus due to government initiatives such as the National Logistics Policy and the PM Gati Shakti Plan, aimed at reducing the high logistics costs and for improving efficiency. Introduction Transformation in the retail landscape is going on in India, …

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25Sep 2024

India’s Unemployment Rate Stays Unchanged

Why in the News? The Periodic Labour Force Survey (PLFS) from July 2023 to June 2024 shows that India’s unemployment rate (UR) remains unchanged at 3.2%, similar to the previous year. Despite a slight increase in agricultural workforce participation, manufacturing employment shows no growth. Workforce Participation Increases: The Labour Force Participation Rate (LFPR) rose in …

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25Sep 2024

India Remains Nepal’s Largest Trading Partner

Why in the news? India remains Nepal’s largest trading partner. Nepal’s trade deficit reached NPR 237.45 billion by mid-September 2024-25. Nepal maintains trade relations with 145 countries but has trade deficits with over Major Trade Deficits: Nepal’s largest trade deficits are with India (NPR 144.67 billion) and China (NPR 51.80 billion). India and China are …

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