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Syllabus: GS-2: Government Policies & Interventions Focus: The growing trend of populist welfare schemes across Indian states is raising concerns about fiscal sustainability. As parties compete to offer financial handouts, it strains state budgets, undermines long-term economic growth, and hampers the development of essential infrastructure and services, prompting calls for policy reforms. Introduction: The Growing …
Read MoreSyllabus: GS-3: Growth & Development Focus: China’s recent economic slowdown, with GDP growth hitting its lowest pace in six quarters, has significant implications for India. This decline has resulted in a sharp fall in Indian exports to China, raising concerns about the long-term effects on India’s trade balance and overall economic stability. Understanding the China’s …
Read MoreWhy in the news? Recent data reveals India’s core sector contracted significantly in August, while the fiscal deficit showed improvement, highlighting mixed signals for the economy’s health and performance. Highlights about the Mixed Economic Signals for India: Core Sector Performance: In August, India’s core sector output fell by6%, showing a significant decline from the previous …
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