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CAN INDIA FORESTALL AN ECONOMIC CRISIS? POLICY MOVES HOLD THE KEY Syllabus: GS 3: Indian economy and issues related to development and planning. Growth and development. Why in the News? Concerns regarding India’s macroeconomic stability have intensified amid a weakening rupee, rising inflation, sluggish private investment, and growing capital account vulnerabilities. These developments have triggered …
Read MoreIndia’s GDP Growth Projection For FY 2026–27 Why in the News? A report released by State Bank of India Research projects India’s economy to grow at 6.6% in FY 2026–27, compared to an estimated 7.5% growth in FY 2025–26. The report highlights India’s economic resilience despite global uncertainties, while also cautioning against risks from crude …
Read MoreWorld Bank Raises India Growth Forecast to 6.6% Why in the News ? The World Bank has revised India’s GDP growth forecast upward to 6.6% for FY 2026, citing strong domestic demand, private consumption, and trade agreements. India continues to be the primary growth engine of South Asia despite global economic uncertainties. India’s Growth Outlook …
Read MoreCentre’s Health Spending Falls Despite Policy Commitments Why in the News? Recent analysis of Reserve Bank of India (RBI) data reveals a concerning trend in public health expenditure. While States have steadily increased health spending, the Union government’s health expenditure has declined post-COVID. This development raises significant concerns about India’s ability to meet its National …
Read MoreBudget 2026 Growth Strategy Syllabus GS 3: Indian Economy Why in the News? Recently, discussions around Budget 2026–27 gained prominence as India navigated global trade headwinds, sustained reform momentum, and explored fiscal strategies to strengthen domestic growth engines, competitiveness, and long-term economic resilience. The budget also aims to address environmental concerns through improved environmental clearance …
Read MoreWhy in the News ? The Parliament has completed the Union Budget 2025-26 process with the Rajya Sabha returning the Finance Bill 2025 to the Lok Sabha, including 35 amendments. This marks the conclusion of the annual budgetary exercise for the upcoming fiscal year. About the Parliamentary Approval of Union Budget 2025-26: The Parliament has …
Read MoreSYLLABUS: GS 2: Functions and responsibilities of the Union and the States, issues and challenges pertaining to the federal structure, devolution of powers and finances up to local levels and challenges therein. Focus: The GST Council must not lose sight of broader reforms. The Goods and Services Tax (GST) Council was convened last week for …
Read MoreWhy in the news? Ashima Goyal and Jayanth R. Varma, the two external members of the Monetary Policy Committee (MPC), have voiced concerns over the Reserve Bank of India’s (RBI) persistent tight monetary policy. In the latest MPC meeting, both members voted as a minority for a 0.25% rate cut, cautioning against the potential risks …
Read MoreSyllabus: GS-3-Budget from new government , Interim budget , Vote on account ,Implications for people and government. Focus: The article outlines the expected approach of the NDA 3.0 government in its first budget, emphasizing policy continuity, fiscal correction, and growth support through capital expenditure. Revenue mobilization strategies, social security agenda, and structural reforms are highlighted …
Read MoreSyllabus: GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources. Effects of Liberalization on the Economy. Why in the News? The Reserve Bank of India (RBI) is unlikely to lower interest rates before October due to persistent high inflation, despite strong economic growth. The RBI’s focus remains on achieving its medium-term inflation …
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