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CAN INDIA FORESTALL AN ECONOMIC CRISIS? POLICY MOVES HOLD THE KEY Syllabus: GS 3: Indian economy and issues related to development and planning. Growth and development. Why in the News? Concerns regarding India’s macroeconomic stability have intensified amid a weakening rupee, rising inflation, sluggish private investment, and growing capital account vulnerabilities. These developments have triggered …
Read MoreIndia’s GDP Growth Projection For FY 2026–27 Why in the News? A report released by State Bank of India Research projects India’s economy to grow at 6.6% in FY 2026–27, compared to an estimated 7.5% growth in FY 2025–26. The report highlights India’s economic resilience despite global uncertainties, while also cautioning against risks from crude …
Read MoreSyllabus: GS-3: Indian Economy and Issues Relating to Planning. Focus: India’s financial landscape is facing scrutiny due to rapid credit growth, particularly in household lending, raising concerns of an impending financial crisis. Analysts warn that the current economic exuberance, coupled with a chaotic financial services sector, may lead to severe economic repercussions if lending practices …
Read MoreWhy in the news? The RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate at 6.5%, marking the eighth consecutive hold. Focus:The decision aims to combat high inflation while supporting economic growth. source:scribd About Repo Rate: Definition: Interest rate at which the central bank lends to commercial banks for short periods. Purpose: Control …
Read MoreSyllabus: GS-3-Inflation , rising food prices, Indian economy and its impact Focus : Prime Minister Narendra Modi’s assertion of lower inflation since 2014 is accompanied by the complexities of India’s economic trajectory post-2014. Source- GoI analysis Introduction: Prime Minister Narendra Modi’s assertion of lower inflation since 2014 is accompanied by the complexities of India’s economic …
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