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Why in the news? India advises ADB to maintain focus on poverty reduction while fostering sustainable growth, emphasising its critical role. About India’s Call to Asian Development Bank (ADB): Focus on Poverty Reduction: India emphasised the importance of not overlooking the ongoing efforts to reduce poverty while promoting sustainable growth. Intervention at ADB Meeting: During …
Read MoreSyllabus: GS-3-Inequality in India and its impact Focus : Top of Form Income inequality in India is stark, with the top 1% owning 22.6% of national income and 40.1% of wealth in 2022-23. From 1990 to 2022, the number of very high net worth individuals rose from 1 to 162, while income tax filers increased …
Read MoreRelevance: GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Why in the News? Investment in energy transition is driving India towards a green and sustainable future. Female empowerment initiatives and Digital public infrastructure development is playing a key role in India’s progress. India’s development showcases the …
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