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Page-51 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.

India’s Automotive Mission Plan 2047 – Strategic Roadmap

The Government of India has launched the Automotive Mission Plan 2047 (AMP 2047). This initiative aligns with the 'Viksit Bharat @2047' vision. It aims to position India as...

 July 18, 2025

India Raises Reserve Prices For Wheat And Rice

India’s central government has increased the reserve prices for wheat and rice sold from its strategic foodgrain reserves in 2024-25. This move aims to regulate supply and control...

 July 18, 2025

China’s Economic Growth Surpasses Expectations in 2025

China’s GDP grew by 5.2% in the second quarter of 2025. This growth exceeded global forecasts despite ongoing trade tensions with the United States. The first quarter saw...

 July 18, 2025

NITI Aayog’s Role in India’s Human Capital Development

India’s human capital development has gained unprecedented momentum over the past decade. NITI Aayog, the country’s premier policy think tank, has played important role in shaping policies that...

 July 17, 2025

GST Rate Rationalisation Efforts in India 2025

The Goods and Services Tax (GST) framework in India is under renewed focus in 2025. Union Home Minister Amit Shah is engaging with states to build consensus on...

 July 17, 2025

India’s ₹1 Lakh Crore Research and Innovation Boost

India has launched a landmark ₹1 lakh crore Research, Development and Innovation (RDI) scheme to transform its innovation landscape. This initiative aims to address the country’s historically low...

 July 17, 2025

India’s Significant Reduction In Consumption Inequality

India has made remarkable progress in reducing consumption inequality between 2011-12 and 2022-23. According to recent World Bank data, the country now ranks fourth lowest globally in consumption...

 July 17, 2025

Green Finance Driving Sustainable Economic Growth

Green finance has become a key focus for financial institutions worldwide. Leading global banks have committed trillions of dollars to sustainable finance. This shift reflects growing climate responsibility...

 July 17, 2025

SEBI Bans Jane Street Over Market Integrity Concerns

The Securities and Exchange Board of India (SEBI) took a landmark step in 2025 by banning Jane Street, a global proprietary trading firm, from India’s equity derivatives market....

 July 17, 2025

Uttar Pradesh Launches Gram-Urja Model for Rural Energy

Uttar Pradesh recently introduced the Gram-Urja model to enhance rural energy self-sufficiency and generate employment. The initiative aims to reduce domestic LPG consumption by 70 per cent through...

 July 16, 2025

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