01Feb 2025

India’s Economic Survey 2024-25 Highlights Growth Amid Challenges

Why in the news? The Economic Survey 2024-25 was tabled by Finance Minister Nirmala Sitharaman, outlining India’s steady economic growth amidst global uncertainties, with recommendations for deregulation and business-friendly reforms to boost consumption, employment, and innovation. Global Economic Concerns: The 2024-25 Economic Survey highlights the unfavorable global economic environment. Global trade and investment have slowed, …

04Jul 2024

UGI USER
economic decoupling Geopolitics Global economy globalization India Economy multipolar world Sanctions supply chains trade war US-China rivalry
104
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GEOPOLITICAL TENSIONS AND ECONOMIC DECOUPLING

Syllabus: GS-3- Trade conflicts, impact on International Relations and global economy Focus : The article explores the implications of the recent U.S. decision to impose additional tariffs on Chinese imports, highlighting the potential for increased economic decoupling between the West and China. It examines the broader impacts on global trade, manufacturing, healthcare, and renewable energy, …

27Jun 2024

RETHINKING INDIA’S TRADE POLICY BARRIERS

Syllabus: GS-3- Free and Fair Trade , WTO , Implications and Challenges for India , Related Solutions Focus : The article focuses on India’s counterproductive trade policy barriers, particularly high tariffs on electronic components and textiles, and the need for a strategic overhaul. It highlights the Confederation of Indian Industry’s recommendations for reducing tariffs, encouraging …

05Jun 2024

“STRATEGIES FOR SUSTAINABLE ECONOMIC GROWTH IN INDIA”

Syllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article discusses the necessary steps the incoming Indian government should take to ensure rapid economic growth through sustainable and inclusive development. It emphasizes the need to address agricultural employment, boost consumption, improve infrastructure, enhance manufacturing, and leverage technology while …

04Jun 2024

“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

03Jun 2024

FINANCE COMMISSION

Introduction The Finance Commission in India is a constitutional body responsible for allocating financial resources between the central government and the States. It promotes fiscal stability, fiscal autonomy for States, and the equalization of public services. Established under Article 280 of the Indian Constitution, it operates on a five-year cycle, impacting fiscal relations significantly and …

23May 2024

UGI USER
Consumer Price Index CPI Data economic policy Government Data India Economy inflation Price Trends Statistics Transparency
70
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“CONCERNS RAISED OVER DELAY IN PUBLISHING CONSUMER PRICE INDEX DATA”

Why in the news? The Centre of Indian Trade Unions (CITU) is questioning the delay in publishing the All India Consumer Price Index for Industrial Workers (AICPI-IW) for February and March. CITU is urging the Labour Ministry to release the AICPI-IW data promptly, as it’s crucial for regulating wages and policy formulations. Source:KeyDiffer About All …

20May 2024

LAND REFORMS IN INDIA

Land reforms represent a fundamental shift in the governance and utilization of land, aimed at benefiting the broader community and fostering a more equitable and productive agricultural sector. These reforms are multifaceted, targeting the redistribution of land, legalizing tenancy, empowering marginalized groups, and enhancing agricultural productivity. Definition and Purpose Land reforms encompass a broad spectrum …

20May 2024

THE CURSE OF SMALLNESS DEFINITION OF MSMES

SYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: The recent changes to the definition of Micro, Small, and Medium Enterprises (MSMEs) in India have sparked a critical debate on the fairness and effectiveness of this classification. The recent changes to the definition of Micro, Small, …

19May 2024

RBI DEPUTY GOVERNORS RAISE SUPERVISORY CONCERNS AT ASSET RECONSTRUCTION FIRMS

Why in the news? RBI raises concerns over alleged unethical practices in asset reconstruction companies (ARCs). ARCs urged to prioritise governance and ethical conduct. Conference organised in Mumbai to address these issues. source:scribd About Asset Reconstruction Company (ARC): Specialised financial institution acquiring and managing distressed assets like NPAs. Banks offload troubled loans to ARCs at …

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UPSC Prelims 2026 Live Paper Discussion & Detailed Answer Key Analysis