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Page-30 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.

Reforming Audit Reports in India – Need and Challenges

Recent developments in audit reporting have raised questions about the length and complexity of auditors’ reports in India. Compared to global counterparts, Indian audit reports are notably longer...

 October 6, 2025

Urea Demand Surge Linked to India’s Crop Pricing Policy

India is witnessing unusual queues of farmers seeking urea fertiliser in several States in 2025. Telangana stands out with the most visible shortages. The immediate cause is a...

 October 6, 2025

India’s Retail Inflation Falls Sharply Boosting Confidence

Since mid-2023, India has experienced slowdown in retail inflation. The inflation rate dropped from nearly 7% in August 2023 to around 2% in August 2025. This sharp decline...

 October 6, 2025

Wheat MSP Hike Sparks Economic Debate in India

The Narendra Modi government announced increase in the minimum support price (MSP) for the 2025-26 wheat crop. The MSP was raised by Rs 160 to Rs 2,585 per...

 October 6, 2025

India’s Clean Energy Transition and Climate Finance Gap

India’s clean energy progress is accelerating rapidly. In 2024, it added 24.5 gigawatts (GW) of solar capacity, ranking third globally after China and the United States. The United...

 October 6, 2025

India’s Anti-Dumping Measures and Manufacturing Protection

India in 2025 faces growing challenges in balancing trade protection and economic growth. The government recently initiated multiple anti-dumping investigations on products from steel to mobile covers. These...

 October 4, 2025

Deposit Tokenisation Transforming India’s Banking Landscape

India’s financial ecosystem is witnessing shift as households and corporates increasingly move savings from traditional bank deposits to capital markets. This trend is eroding banks’ low-cost deposit base,...

 October 4, 2025

India’s Healthcare Innovation and Policy Drive Transformation

India’s healthcare sector is undergoing a major transformation in 2025. This shift is driven not just by fiscal reforms but by bold technological innovation. New government policies and...

 October 4, 2025

India’s Innovation Surge and US Strategic Partnership

India’s innovation ecosystem has witnessed remarkable growth in recent years. The country is no longer just a consumer of technology but a global innovator and solution provider. The...

 October 4, 2025

China’s Growing Dominance In Green Hydrogen Market

The green hydrogen sector has rapidly gained attention as a critical element in the clean energy transition. By 2025, China has emerged as a dominant player in green...

 October 4, 2025

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