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Current Affairs

Page-14 of Economic Development

Economic development refers to the process of improving the economic well-being of a region. It involves increasing wealth, reducing poverty, and enhancing living standards. This can be achieved through various means, such as industrialisation, infrastructure development, and education. In India, economic development has been influenced by historical events, government policies, and cultural factors. Sustainable practices are essential for long-term growth.

India’s Push for Rare Earth Permanent Magnet Manufacturing

India has recently approved a Rs 7,280-crore scheme to boost the manufacturing of rare earth permanent magnets (REPM). This move comes amid growing concerns over China’s dominance in...

 December 3, 2025

India’s Insurance Sector Reforms and 100% FDI Boost

India’s insurance sector is undergoing transformative reforms in 2025. The Insurance Laws (Amendment) Bill, 2025, aims to liberalise and modernise the industry. Key changes include raising foreign direct...

 December 3, 2025

India’s Four Labour Codes Revolutionise Workforce Rights

India marked a historic milestone on 21 November 2025 by implementing four comprehensive Labour Codes. These codes modernise labour laws to create a fair and future-ready ecosystem. They...

 November 29, 2025

IMF Grades India’s National Accounts Data Quality

India’s national accounts statistics have been assigned a ‘C’ grade by the International Monetary Fund (IMF) in its 2028 annual review. This grade indicates that while the data...

 November 29, 2025

India’s 10-Year G-Sec Yield Stability and Challenges

India’s benchmark 10-year government security (G-Sec) yield hovered near 6.53 per cent in late 2025. This followed a peak close to 6.6 per cent earlier in the year....

 November 28, 2025

India’s MedTech Revolution – Building A Self-Reliant Ecosystem

India’s medical technology sector is undergoing a major transformation in 2025. The country is moving from dependence on imported finished goods to creating a robust indigenous ecosystem. This...

 November 28, 2025

India’s Digital Sovereignty – Navigating Global Power Shifts

The global balance of power has shifted from traditional resources like oil and naval control to data dominance. Digital influence now defines national strength and diplomatic leverage. For...

 November 28, 2025

Rupee Depreciation and India’s Economic Challenges 2025

The Indian rupee has depreciated around 7% since late November 2024. It moved from about ₹83.4 to ₹89.2 against the US dollar. This decline echoes the 2018 slide...

 November 28, 2025

India’s Logistics Transformation – Building A Global Supply Hub

India’s logistics sector is undergoing a rapid transformation in 2025. The focus is on creating a faster, smarter, and globally competitive ecosystem. This change is driven by technology,...

 November 28, 2025

India’s Dairy Sector – Growth, Challenges and Future Pathways

India’s dairy sector has seen remarkable growth since the 1970s. From producing 23 million tonnes in 1970, milk production soared to over 239 million tonnes by 2023-24. This...

 November 27, 2025

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