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Page-32 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.

Impact of Tax Cuts on Indian Economic Demand

India reduced both income tax and the Goods and Services Tax (GST), costing the exchequer about ₹2.5 lakh crore. The government expects this to boost demand and accelerate...

 September 30, 2025

India’s Economic Growth and Inflation Trends in 2025

India’s economy has shown remarkable resilience in 2025. The first quarter GDP growth of 7.8 per cent surpassed expectations despite global uncertainties and US tariff barriers. Inflation has...

 September 30, 2025

India Expands Medical Seats to Enhance Healthcare Access

India continues its journey to strengthen healthcare by expanding medical education infrastructure. On 24 September 2025, the Union Cabinet approved 10,023 new medical seats with an investment of...

 September 30, 2025

India’s Strategic Push for Food and Defence Security

India in 2025 faces complex global challenges. Rising US tariffs and visa restrictions strain its economy. Diplomatic tensions with the US add pressure. Meanwhile, India seeks to strengthen...

 September 30, 2025

India’s Food Loss Crisis and Climate Impact

India faces a massive challenge with food loss that affects its economy, food security and climate. Nearly one-third of the food produced globally is lost or wasted. India,...

 September 30, 2025

India’s States Fiscal Health – Surplus, Debt and Welfare

India’s States show a mixed fiscal picture in 2025. While some report revenue surpluses, many rely heavily on borrowing and unstable income sources. The pandemic disrupted State finances,...

 September 30, 2025

India’s Digital Sovereignty and Economic Self-Reliance

India in 2025 faces a critical challenge in asserting economic and digital sovereignty. Despite political independence, foreign influence remains deeply entrenched in key sectors. The dominance of multinational...

 September 29, 2025

AI Data Centres and Global Energy Transition Challenges

The rapid expansion of AI data centres is reshaping global energy and infrastructure priorities in 2025. Demand for AI-ready computing capacity is growing at an unprecedented rate worldwide....

 September 29, 2025

India’s New ₹69,725 Crore Shipbuilding Package

India has revealed a ₹69,725 crore package to boost its shipbuilding and maritime ecosystem. This replaces the 2015 package set to end in March 2026. The new plan...

 September 29, 2025

Supreme Court Upholds JSW Steel’s Bhushan Power Acquisition

The Supreme Court of India recently upheld JSW Steel Ltd’s acquisition of Bhushan Power and Steel Ltd (BPSL) through the Corporate Insolvency Resolution Process (CIRP). This decision reversed...

 September 29, 2025

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