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Page-36 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.

GST Reforms Spark New Consumption Growth Cycle

The introduction of GST reforms in 2025 marks shift in India’s economic landscape. By lowering tax rates on a wide range of consumer goods, the government aims to...

 September 19, 2025

Capitalism Versus Socialism Debate in Modern Economies

Recent polls in the United States reveal a historic decline in support for capitalism, particularly among younger voters. Meanwhile, socialism is gaining traction, especially in urban centres like...

 September 19, 2025

FinBlue Drives India’s FinTech Innovation and Growth

India’s FinTech sector is rapidly evolving into a global powerhouse. Central to this transformation is FinBlue, a Centre of Entrepreneurship (CoE) launched by the Software Technology Parks of...

 September 19, 2025

India’s Climate Finance and Green Debt Market Growth

India’s climate finance landscape is evolving rapidly to meet its ambitious climate goals. The country aims to reduce emissions intensity of its GDP by 45 per cent from...

 September 19, 2025

India’s Export Strategy Amidst US Tariff Challenges

India’s export landscape underwent shifts in 2025 following the imposition of new tariffs by the United States. The US, India’s largest export destination, introduced a steep 50% tariff...

 September 19, 2025

India’s Out-Of-Pocket Health Expenditure Trends Examined

India’s health financing relies heavily on direct out-of-pocket expenditure (OOPE) by households. Recent government data suggest a decline in OOPE as a share of total health spending. However,...

 September 19, 2025

Microfinance Sector Recovery and Future Challenges 2025

The microfinance sector in India has recently shown signs of recovery after a period of stress marked by over-leverage and rising delinquencies. Data from credit bureaus reveal that...

 September 18, 2025

India’s Q1 FY 2025–26 GDP Growth Analysis

India reported a 7.8 per cent GDP growth in the first quarter of FY 2025–26. This figure positions India as the fastest-growing major economy globally. However, a detailed...

 September 18, 2025

India’s Economic Challenges Amid Global Trade Tensions

India’s economy in 2025 faces challenges due to global trade tensions and domestic structural issues. Although the government has taken steps such as cutting the Goods and Services...

 September 18, 2025

Invisible Human Labour Behind Artificial Intelligence Systems

Artificial intelligence (AI) is rapidly transforming the global economy. Machines now deliver fast and accurate results. However, AI’s intelligence depends heavily on human labour behind the scenes. This...

 September 18, 2025

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