EconomicPolicy Archives - Universal Group Of Institutions

17Jan 2025

Rupee Devaluation: Causes, Impacts, and Policy Challenges

Syllabus: GS-3: Fiscal Policy, Monetary Policy, Capital Market Focus: The Indian rupee has recently experienced sharp devaluation due to rising capital outflows, increasing import costs, and a shift in RBI’s exchange rate policy, raising concerns about inflation, export competitiveness, and economic stability in a global context of financial uncertainties. Understanding Exchange Rate Dynamics: Exchange Rate …

15Jan 2025

Number Theory: Demand, Welfare, Growth -The Budget’s Trilemma

Why in the News? The National Statistical Office (NSO) released the first advance estimates for GDP for the financial year 2024-25 on January 7. India’s economy is projected to witness a year-on-year (YoY) slowdown in GDP growth: Growth rate for 2023-24: 2% Expected growth rate for 2024-25: 4% The YoY decline may not fully reflect …

13Jan 2025

UGI USER
BudgetAnalysis EconomicPolicy EconomicReforms FiscalPolicy GoldImports GoldTrade IndianBudget IndianEconomy PolicyInsights TradeBalance
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Gold Import Data Revision: Impact on Budget Policy

Syllabus: GS-3: Economics of Animal-Rearing Why in the news? The Ministry of Commerce revised gold import data for April-November 2024, correcting a significant error caused by technical glitches in data migration systems. This revision reduces gold import figures by $12 billion, influencing decisions on import duties and addressing concerns over trade deficits and smuggling. Background …

26Dec 2024

UGI USER
ConsumerPriceIndex CPI EconomicPolicy ExpertsInput IndiaEconomy IndianEconomy MoSPI PDS PolicyDevelopment PublicDistributionSystem
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Including PDS Items in CPI: MoSPI Seeks Experts’ Input

Why in the news? The Ministry of Statistics and Programme Implementation seeks expert opinions on how to include free PDS items and social transfers in the new Consumer Price Index (CPI). Challenges in Including PDS Items in CPI: The Ministry of Statistics and Programme Implementation (MoSPI) is addressing how to include PDS items and free …

13Dec 2024

TN Assembly Opposes Tungsten Mining in Madurai

Why in the news? Tamil Nadu Assembly passed a resolution urging the Union government to revoke Hindustan Zinc Limited’s tungsten mining license in Madurai, citing threats to biodiversity, archaeological heritage, and environmental concerns, following local protests and opposition. TN Assembly Opposes Tungsten Mining in Madurai: The Tamil Nadu Legislative Assembly has passed a resolution requesting …

02Dec 2024

GST Collections in November Surge to ₹1.82 Trillion

Why in the news? November 2024 GST collections rose 8.5% YoY to ₹1.82 trillion, reflecting festive-driven demand. However, collections were slightly below October’s ₹1.87 trillion, highlighting uneven regional performance and potential economic recovery concerns for upcoming months. About the GST Collections in November 2024: GST collections for November 2024 reached ₹1.82 trillion, an 5% year-on-year …

07Nov 2024

UGI USER
EconomicPolicy Geopolitics GlobalEconomy IndiaUSPartnership IndoUSRelations TradePolicies Trumponomics USIndiaTies
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Trumponomics and India: Impacts of Trump’s Economic Policies on Indo-US Relations

Syllabus: GS – 2 – International relations , India-USA relations and impact on India Focus: This article explores the potential impacts of Donald Trump’s economic policies—popularly known as “Trumponomics”—on India, analyzing the effects of trade tariffs, immigration policies, monetary policies, and strategic shifts in the US’s approach to China. By examining Trump’s economic outlook and …

04Nov 2024

UGI USER
Agriculture EconomicGrowth EconomicPolicy IncomeDisparity IncomeInequality IndiaEconomy IndianEconomy RuralDevelopment RuralEconomy RuralWages
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Stagnant Rural Wages: A Paradox Amid Economic Growth

Syllabus: GS-2: Government Policies & Interventions GS-3: Inclusive GrowthGrowth & Development Focus: Recent reports highlight the paradox of stagnant rural wages despite significant GDP growth in India. While the economy expands, real wages for rural workers have declined, raising concerns about the sustainability of rural livelihoods and the effectiveness of policies aimed at improving economic …

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