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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.
The Reserve Bank of India (RBI) recently permitted domestic banks to finance acquisitions by Indian companies. This move aims to boost credit demand in the corporate sector and...
October 8, 2025
The power sector in India is undergoing transformation. States like Andhra Pradesh have recently implemented power swapping to reduce electricity costs. This method allows States to exchange power...
October 8, 2025
The price of urea in India has remained unchanged at ₹5.4 per kilogram for over 25 years despite rising inflation and production costs. This has led to excessive...
October 8, 2025
India’s inflation targeting framework (FIT) has been in place since 2014-15. It aimed to stabilise inflation and support growth. Recent data show headline consumer price index (CPI) inflation...
October 8, 2025
The Supreme Court of India issued a landmark judgment in August 2025 on regulatory assets (RAs) in the electricity sector. The court laid down clear guidelines for their...
October 7, 2025
India’s experience with trade liberalisation through the World Trade Organisation’s Information Technology Agreement (ITA) marks the complexities of opening markets without sufficient domestic readiness. Since joining the ITA...
October 7, 2025
The Unified Payments Interface (UPI) has transformed digital payments in India by enabling instant, cashless transactions. A recent Reserve Bank of India (RBI) study reveals Telangana leads the...
October 7, 2025
India’s energy sector faces critical challenges in achieving the twin goals of Viksit Bharat (developed India) and Atmanirbharta (self-reliance). Despite the absence of a dedicated energy minister overseeing...
October 7, 2025
India’s working-age population is set to grow by 133 million over the next 25 years. This surge represents nearly 18% of the global workforce increase. However, this demographic...
October 7, 2025
India faces new economic challenges in 2025 due to escalating trade tensions with the United States. Recent US policy changes, including higher tariffs and visa fee hikes, threaten...
October 6, 2025