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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.
India’s semiconductor industry has entered a critical phase of development. Since the India Semiconductor Mission was launched in 2021 with a budget of ₹76,000 crore, the sector has...
September 9, 2025
India remains the world’s fastest-growing major economy in 2025. Despite robust GDP growth, foreign capital inflows have not matched expectations. This paradox raises important questions about investment patterns...
September 9, 2025
India’s youthful population is a key driver of its expanding economy in 2025. With nearly two-thirds under 35 years, the country’s growth is powered by aspiration and consumption....
September 9, 2025
Foreign direct investment (FDI) remains a key element of India’s economic framework in 2025. Recent data shows gross FDI inflows at $81 billion in FY 2024-25, a 13.7%...
September 9, 2025
The Goods and Services Tax (GST) Council of India introduced major reforms in September 2025. The changes simplify the tax structure by reducing the number of GST slabs...
September 8, 2025
India recorded a strong GDP growth of 7.8 per cent in the first quarter of the fiscal year 2025-26. This growth followed the recent upgrade of India’s credit...
September 8, 2025
India’s Goods and Services Tax (GST) regime entered a transformative phase in 2025. The 56th GST Council meeting introduced sweeping reforms aimed at simplifying the tax structure, easing...
September 8, 2025
Recent data from 2025 marks a growing concern in India’s banking sector. Nearly 23% of accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme have become dormant....
September 6, 2025
India’s electric vehicle (EV) policy has entered a new phase with the recent amendments to the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme. These...
September 6, 2025
India is accelerating its journey towards becoming a self-reliant and developed nation by 2047. The government’s focus is on building strong domestic capabilities in critical sectors such as...
September 6, 2025
