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Page-26 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 16th Finance Commission and Fiscal Federalism Reform

India’s 16th Finance Commission (FC) begins its work amid a very important shift in the country’s fiscal landscape. The economy is valued around $4 trillion, with states now...

 October 18, 2025

Global Trade Turbulence and India’s Strategic Response

Global trade in 2025 faces unprecedented disruption. The US, EU, and China—once pillars of globalisation—have become its chief disruptors. Each uses trade as a geopolitical weapon. The US...

 October 18, 2025

India’s Inflation Targeting Framework and Economic Challenges

India’s inflation targeting framework, adopted formally in 2016, aimed to stabilise prices by setting a target inflation rate of 4 per cent with a tolerance band of ±2...

 October 17, 2025

Impact of 2025 GST Cut on India’s Economy

The Goods and Services Tax (GST) cut implemented on 22 September 2025 has sparked widespread approval for reducing taxes on most consumption items. Official estimates and expert analyses...

 October 17, 2025

China’s Rare Earth Export Controls Escalate Trade Tensions

The China-US trade conflict intensified in 2025 as China expanded restrictions on rare earth mineral exports. This move triggered threats of retaliatory tariffs from the US. China’s dominance...

 October 17, 2025

India’s Critical Minerals Drive Clean Energy Transition

India’s clean energy ambitions in 2025 rely heavily on securing critical minerals such as lithium, cobalt and Rare Earth Elements (REEs). These minerals are essential for technologies like...

 October 17, 2025

India’s Ethanol Policy and Energy Transition Challenges

India has accelerated its energy transition by mandating 20 percent ethanol blending (E20) in petrol by 2025. This ambitious move aims to reduce fossil fuel imports, cut carbon...

 October 16, 2025

SEBI’s Relaxation on Minimum Public Shareholding Rules

The Securities and Exchange Board of India (SEBI) recently relaxed the Minimum Public Shareholding (MPS) norms for large companies at the time of initial public offerings (IPOs). It...

 October 16, 2025

Declining Twin Birth Rates in India and Bangladesh

Recent studies reveal a projected decline in twin births in India and Bangladesh by 2100. Despite this, India will continue to have one of the highest twin birth...

 October 16, 2025

Rethinking India’s Growth Beyond GDP Metrics

India’s economic rise as the world’s fourth-largest economy has been widely celebrated. However, recent reflections by political thinker Murli Manohar Joshi show the limitations of using Gross Domestic...

 October 16, 2025

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