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Page-44 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.

H-1B Visa Program Faces Renewed Criticism in 2025

The H-1B visa programme in the United States has come under sharp scrutiny in 2025. Key figures in government and business have labelled it flawed and called for...

 August 29, 2025

Rising Hysterectomy Rates Among Young Indian Women

The prevalence of hysterectomy in India is increasing alarmingly, especially among young women. Recent data from the National Family Health Survey 2019-21 (NFHS 5) shows nearly 10 percent...

 August 28, 2025

India’s Electricity Sector – Challenges and Reform Imperatives

India’s electricity sector faces critical challenges that hinder its economic growth and competitiveness. While China advances as a global leader in electrifying its economy using renewables, India struggles...

 August 28, 2025

National Education Policy 2020 – Transforming India’s Youth

The National Education Policy 2020 (NEP 2020) marks a very important shift in India’s education landscape. It integrates traditional learning with modern skills. The policy emphasises experiential learning,...

 August 28, 2025

India Withdraws Cotton Import Duty Amid Production Decline

India's cotton sector faces a critical phase in 2025. Domestic production has fallen sharply, prompting the government to withdraw the 11% import duty on cotton until the end...

 August 28, 2025

Financial Inclusion Progress Under Pradhan Mantri Jan Dhan Yojana

The Pradhan Mantri Jan Dhan Yojana (PMJDY) has transformed financial inclusion in India since its launch in 2014. It aimed to provide universal access to banking services, especially...

 August 28, 2025

India’s Economic Growth and Women Workforce Empowerment

India’s economy, valued at $4.19 trillion in 2025, is poised to become the world’s third-largest. However, the proposed 50% tariffs by the United States on $40 billion of...

 August 28, 2025

India’s GST Reform Aims to Boost Consumption Growth

India introduced a major reform in its Goods and Services Tax (GST) system in 2025. The government simplified the tax structure by reducing the number of GST rates...

 August 26, 2025

India China Economic Strategies – Investment Versus Consumption

India and China continue to follow contrasting economic paths in 2025. India struggles to ignite private investment despite government incentives. China remains heavily reliant on investment and exports,...

 August 26, 2025

Banking Disintermediation and Financial Market Shift 2025

The Indian banking sector in 2025 faces a very important transformation. Household savings are moving from traditional bank deposits to capital markets. Corporates increasingly prefer equity and debt...

 August 26, 2025

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