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17Jan 2025

Rupee Devaluation: Causes, Impacts, and Policy Challenges

Syllabus: GS-3: Fiscal Policy, Monetary Policy, Capital Market Focus: The Indian rupee has recently experienced sharp devaluation due to rising capital outflows, increasing import costs, and a shift in RBI’s exchange rate policy, raising concerns about inflation, export competitiveness, and economic stability in a global context of financial uncertainties. Understanding Exchange Rate Dynamics: Exchange Rate …

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13Jan 2025

Gold Import Data Revision: Impact on Budget Policy

Syllabus: GS-3: Economics of Animal-Rearing Why in the news? The Ministry of Commerce revised gold import data for April-November 2024, correcting a significant error caused by technical glitches in data migration systems. This revision reduces gold import figures by $12 billion, influencing decisions on import duties and addressing concerns over trade deficits and smuggling. Background …

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13Jan 2025

Story of Agriculture in India: Evolution, Challenges, and Future

Explore the journey of agriculture in India, from its historical roots to its role as the backbone of the economy. 🌾 Dive into key milestones, major challenges, and future opportunities shaping this critical sector. Download our comprehensive PDF notes for an in-depth analysis and stay informed with the latest insights. 📚 👉 Click here to …

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10Jan 2025

India’s Economy Set to Grow Amid Key Challenges

Why in the news? The UN’s World Economic Situation and Prospects report highlights India’s projected 6.6% growth in 2025, easing currency pressures, infrastructure-driven expansion, robust exports, and opportunities from untapped critical minerals amid persistent gender disparities. India’s Economic Outlook for 2025: India’s economy is projected to grow by 6% in 2025, driven by robust private …

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09Jan 2025

The Struggle with PDS: The Right to Food in Crisis

Why in the News? Reports highlight: In 2023, alarming reports from Jharkhand and Odisha revealed that many households were removed from the Public Distribution System (PDS). State-wide issue: Bihar also faces PDS struggles, particularly among marginalized communities like the Musahars, exacerbated by the COVID-19 supply crisis. Challenges with PDS Access and Quality Exclusion of households: …

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08Jan 2025

India’s GDP Growth Slows: Key Challenges Ahead

Source: GS-2: Government Policies & Interventions GS-3: Growth & Development Focus: The Indian government has released the First Advance Estimates for 2024-25, showing a slowing GDP growth rate. Real GDP growth has declined to 4.8% CAGR since FY20, highlighting challenges like weak private consumption, sluggish investments, and negative net exports that hinder India’s economic progress. …

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01Jan 2025

Income Tax Extends ‘Vivad Se Vishwas’ Deadline

Why in the news? The Income Tax Department has extended the Vivad Se Vishwas scheme deadline to January 31, 2025, allowing taxpayers more time to settle tax disputes and avoid penalties under the scheme. Income Tax Department Extends ‘Vivad Se Vishwas’ Scheme Deadline: Extension of Deadline: The Income Tax Department has extended the deadline for …

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28Dec 2024

Indian Textile Industry Growth and Challenges

Syllabus: GS 3: Indian economy Why in the News? Recently, the Indian textile industry has recorded impressive growth, with exports increasing by 36.65% in four years, driven by diversity, quality improvements and increasing global demand. Introduction India’s textile sector has shown impressive strength, growing 36.65% in the last four years. Despite global economic challenges, it …

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28Dec 2024

Dr. Manmohan Singh’s Economic Vision and Legacy

Syllabus: GS-1: Important Personalities GS-2: Government Policies & Interventions Focus: Dr. Manmohan Singh, former Prime Minister of India, remains a key figure in India’s economic transformation, particularly for his role in liberalizing the economy in the 1990s. His legacy is often revisited due to his visionary ideas on economic reforms, inequality, and public policy. Early …

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26Dec 2024

Including PDS Items in CPI: MoSPI Seeks Experts’ Input

Why in the news? The Ministry of Statistics and Programme Implementation seeks expert opinions on how to include free PDS items and social transfers in the new Consumer Price Index (CPI). Challenges in Including PDS Items in CPI: The Ministry of Statistics and Programme Implementation (MoSPI) is addressing how to include PDS items and free …

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