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Introduction The concept of progress within the realm of economics has undergone significant evolution over time. Initially, the term “progress” was predominantly used to describe advancements in the economic sector. This term broadly encapsulated improvements in the economic conditions of a country or region, without much differentiation in the nuances of economic change. However, as …
Read MoreRelevance: GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Why in the News? The current discourse suggests that Pakistan has lower unemployment rates than India with assertions that a staggering 300 million individuals have exited India’s labor force, alongside youth unemployment figures peaking at 45 percent. …
Read MoreSyllabus: GS-III: Indian Economy Why in the news? Inequality debate intensifies in India over Congress manifesto, sparking controversy about wealth redistribution and tax reforms. source:reddit Introduction: Debate Triggered by Congress Manifesto Congress manifesto release prompts economic redistribution discourse. PM Modiaccuses Congress of advocating wealth redistribution. Global context underscores the urgency of addressing economic inequality. Understanding the …
Read MoreWhy in the news? China and India’s economic comparison, highlighting the significance of per capita GDP growth for individual prosperity and national development. source:IE About the Per Capita GDP Focus: China’s sustained growth led to its per capita GDP crossing $10,000 by 2019, showcasing the importance of individual prosperity. India’s growth, though steady, has been …
Read MoreTHE INDIA EMPLOYMENT REPORT (IER) 2024 Syllabus: GS 2 : Issues relating to Poverty Focus: This editorial highlights findings from the India Employment Report (IER) 2024 by the Institute for Human Development and the International Labour Organization. It sheds light on the complexities of urban poverty, emphasizing the disparity in employment opportunities, wage inequalities, …
Read MoreSyllabus: GS-II : Issues Relating to Development and Management of Social Sector/Services relating to Health, Education, Human Resources Welfare Schemes for Vulnerable Sections of the Population by the Centre and States and the Performance of these Schemes; Mechanisms, Laws, Institutions Bodies constituted for the Protection and Betterment of these Vulnerable Sections. Why in the news? …
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