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Page-21 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.

SEBI’s 2025 Mutual Fund Cost Reform Revolution

The Securities and Exchange Board of India (SEBI) introduced a landmark proposal in October 2025 aimed at transforming mutual fund regulation. This reform shifts the focus from product...

 November 8, 2025

Universal Basic Income – India’s New Welfare Frontier

India faces rising inequality, job losses from automation, and social insecurity. Universal Basic Income (UBI) has gained renewed attention as a pragmatic solution. It promises unconditional cash transfers...

 November 8, 2025

Bihar Economy 2025 – Growth, Challenges, and Development Priorities

Bihar in 2025 presents a complex economic picture. Despite impressive growth rates, its per capita income remains far below the national average. The state struggles with structural imbalances,...

 November 7, 2025

Electric Vehicles Transform Road Transport in G20 Economies

The global transport sector faces a very important shift as electric vehicles (EVs) replace internal combustion engine vehicles (ICEVs). Road transport accounts for nearly 70% of transport-related CO2...

 November 7, 2025

GST Exemption Debate on Group Health Insurance Policies

The Kerala High Court recently passed an interim stay order exempting Goods and Services Tax (GST) on premiums paid for group health policies by retired bank employees. This...

 November 7, 2025

India’s Household Income Survey 2026 Unveils Income Dynamics

The upcoming Household Income Survey, 2026, promises to deliver the most comprehensive insight into Indian households’ income and expenditure patterns. It aims to fill gaps left by previous...

 November 7, 2025

Bihar Election Promises and Economic Implications 2025

As Bihar approaches its Assembly election in 2025, political parties have revealed ambitious welfare promises. The ruling coalition offers 125 free electricity units per household. The opposition pledges...

 November 6, 2025

SEBI Proposes Changes in Mutual Fund Expense Structure

The Securities and Exchange Board of India (SEBI) has introduced reforms in the Total Expense Ratio (TER) and brokerage fee structure for mutual funds. These changes aim to...

 November 6, 2025

BRICS Advances Towards Dollar-Free Payment System

The BRICS nations have intensified efforts to reduce reliance on the US dollar in global finance. The 2024 Kazan Summit marked a milestone with the launch of a...

 November 6, 2025

Supreme Court Allows Vodafone Idea AGR Dues Review

The Supreme Court of India recently permitted the government to review and reassess Vodafone Idea’s (Vi) adjusted gross revenue (AGR) dues up to the financial year 2016–17. This...

 November 6, 2025

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