IndianEconomy Archives - Page 3 of 4 - Universal Group Of Institutions

12Dec 2024

UGI USER
EconomicHistory HistoricalAnalysis IASStudyNotes IndiaDevelopment IndianEconomy LongTermImpact NehruEconomicPolicies UPSCPrep
9
0

Nehru’s Economic Policies And Their Long-Term Impact

Syllabus: GS-2: Post-independence Consolidation of India Focus: Arvind Panagariya’s The Nehru Development Model critiques Jawaharlal Nehru’s economic vision and its long-term impacts on India’s growth. Panagariya argues that Nehru’s policies, rooted in socialism and heavy industry, stunted the country’s economic potential. His focus on state-led development, nationalization, and central planning hindered India’s progress in crucial …

11Dec 2024

UGI USER
CurrencyExchange EconomicNews ForexUpdates GlobalMarkets IndianEconomy MarketTrends RupeeFalls USDINR
8
0

Rupee Falls to Record Low, Approaches 85 Mark

Why in the news? The rupee hit an all-time low of ₹84.852 against the dollar amid expectations of rate cuts under new RBI Governor Sanjay Malhotra, raising concerns about further depreciation. Impact of RBI Leadership Change on Markets: The bond and forex markets reacted differently to the appointment of Sanjay Malhotra as the new RBI …

06Dec 2024

UGI USER
Development EquitableGrowth FinanceCommission FiscalPolicy IndianEconomy PublicFinance RevenueDistribution States
5
0

States and the Finance Commission: Balancing Equity and Growth

Syllabus: GS-2: Centre-State Relations, Indian Constitution , Co-operative Federalism , Constitutional Bodies. Focus: The Sixteenth Finance Commission, chaired by Arvind Panagariya, is addressing fiscal challenges in India, focusing on equitable resource distribution between States and the Union. Its recommendations will impact the financial autonomy of States like Tamil Nadu and influence the country’s economic trajectory. …

02Dec 2024

GST Collections in November Surge to ₹1.82 Trillion

Why in the news? November 2024 GST collections rose 8.5% YoY to ₹1.82 trillion, reflecting festive-driven demand. However, collections were slightly below October’s ₹1.87 trillion, highlighting uneven regional performance and potential economic recovery concerns for upcoming months. About the GST Collections in November 2024: GST collections for November 2024 reached ₹1.82 trillion, an 5% year-on-year …

28Nov 2024

Worker Deletions in MGNREGA: Impact of Aadhaar Mandates

Syllabus: GS-2: Poverty ,Government Policies & Interventions ,Issues Relating to Development , GS-3: EmploymentGrowth & Development Focus; The deletion of over 10 crore MGNREGA workers in four years has raised concerns about transparency and accountability. A significant surge in deletions during 2022-23 coincides with the introduction of Aadhaar-based payment systems (ABPS), highlighting procedural gaps and …

23Nov 2024

Union Minister Dharmendra Pradhan and Mandaviya Launch ‘Jobs at Your Doorstep’ Report

Why in the News? Union Ministers launched the World Bank report focused on aligning skill education with job opportunities, aiming to empower youth in six Indian states and drive economic growth. About the Launch of “Jobs at Your Doorstep” Report: Union Ministers Dharmendra Pradhan and Mansukh Mandaviya unveiled the World Bank report titled Jobs at …

12Nov 2024

UGI USER
FDIinIndia FinanceNews ForeignInvestment FPItoFDI IndiaMarkets IndianEconomy InvestmentRegulations RBI
8
0

RBI Introduces Rules for FPI Reclassification as FDI

Why in the news? RBI has rolled out new guidelines requiring FPIs to seek government approval if their stake in Indian companies exceeds 10%, amid increased scrutiny of foreign investments. About the New RBI Rules for FPI and FDI Classification: The Reserve Bank of India (RBI) introduced updated rules to guide foreign portfolio investors (FPIs) …

04Nov 2024

UGI USER
Agriculture EconomicGrowth EconomicPolicy IncomeDisparity IncomeInequality IndiaEconomy IndianEconomy RuralDevelopment RuralEconomy RuralWages
11
0

Stagnant Rural Wages: A Paradox Amid Economic Growth

Syllabus: GS-2: Government Policies & Interventions GS-3: Inclusive GrowthGrowth & Development Focus: Recent reports highlight the paradox of stagnant rural wages despite significant GDP growth in India. While the economy expands, real wages for rural workers have declined, raising concerns about the sustainability of rural livelihoods and the effectiveness of policies aimed at improving economic …

04Nov 2024

UGI USER
EconomicStrategy FinancialSecurity Geopolitics GoldAssets GoldReserves India IndiaFinance IndianBanking IndianEconomy RBI ReserveBankOfIndia
12
0

Why is the Reserve Bank Bringing Back its Gold Assets to India?

Relevance: GS – 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Why in the News? The Reserve Bank of India (RBI) has retrieved approximately 130 metric tonnes of gold previously held in safe custody with the Bank of England over the last two-and-a-half years. This strategic shift …

24Oct 2024

Supreme Court Allows States to Tax Industrial Alcohol

Why in the news? The Supreme Court ruled that states have the authority to tax industrial alcohol, overturning previous rulings and clarifying the federal balance between Centre and state powers. About the SC Ruling on Taxing Industrial Alcohol: A nine-judge Bench of the Supreme Court ruled 8:1 that states can tax industrial alcohol, not just …

Tag