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Page-48 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.

Rising Income Gap Between Rich and Poor Indian States

The latest data on state-wise per capita income in India reveals a widening gap. Richer states are growing faster while poorer states fall further behind. Gujarat’s per capita...

 August 7, 2025

India’s Coal Transition Challenges and Economic Impact

India’s shift from coal to renewable energy is accelerating amid climate goals. This transition, while environmentally urgent, poses economic and social challenges. Coal currently generates over 70 per...

 August 4, 2025

India’s Corporate Carbon Pricing and Emission Challenges

India currently contributes about 7 per cent to global greenhouse gas emissions. Its total emissions stand near 3.26 gigatons of CO2-equivalent annually. Corporations, especially in power, cement, steel,...

 August 4, 2025

India’s Industrial Transformation Under Aatmanirbharta Vision

India’s industrial sector is rapidly evolving under the Aatmanirbharta (self-reliance) vision. The government aims to make India a global leader in innovation and manufacturing by 2047. This transformation...

 August 4, 2025

India’s Economic Resilience Amidst US Tariff Challenges

India faces external challenge in 2025 with the United States imposing a 25 per cent tariff on all Indian imports. This move, while seemingly harsh, has triggered a...

 August 4, 2025

Telecom Cybersecurity Rules Impact Digital Firms

The Government of India proposed new telecom cybersecurity rules in 2025. These draft rules aim to verify the lawful ownership of mobile numbers. The move has raised concerns...

 August 4, 2025

US Tariffs Impact India’s Textile and Apparel Exports

The United States has imposed a 25 per cent tariff on Indian textile and apparel exports from August 7, 2025. This rate is higher than that applied to...

 August 4, 2025

India Economy Growth Amid Trade Tensions 2025

India’s economy remains a major topic of global discussion in 2025. Recent US tariffs and political remarks have sparked debates on India’s economic health. Despite criticism, data shows...

 August 4, 2025

Market Coupling in Indian Power Exchanges Debated

The Central Electricity Regulatory Commission (CERC) plans to implement market coupling in the Day Ahead Market (DAM) of power exchanges from January 2026. However, industry experts and analysts...

 August 4, 2025

Key Financial Reforms Impacting India’s Payment Systems 2025

Recent developments in India’s financial sector aim to enhance the efficiency and stability of digital payments and banking services. The National Payments Corporation of India (NPCI) and the...

 August 4, 2025

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