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Page-7 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.

Small Hydro Power Development Scheme India 2026-31

The Government of India has approved a new Small Hydro Power (SHP) Development Scheme for 2026-31. This scheme aims to install about 1500 MW of small hydro projects...

 March 19, 2026

Bharat Audyogik Vikas Yojna Industrial Parks Scheme

The Union Cabinet, led by Prime Minister Narendra Modi, approved the Bharat Audyogik Vikas Yojna (BHAVYA) in 2026. This scheme allocates Rs. 33,660 crore to develop 100 plug-and-play...

 March 19, 2026

India’s Electricity Sector Transformation and Renewable Growth

India’s power sector has witnessed transformation by 2026. The Bharat Electricity Summit 2026, held in New Delhi, showcased India’s leadership in clean energy and sustainable power systems. The...

 March 19, 2026

Minimum Support Price For Cotton Farmers India

The Government of India recently approved ₹1,718.56 crore for Minimum Support Price (MSP) operations for the 2023–24 cotton season. This funding aims to protect cotton farmers from price...

 March 19, 2026

India’s Vaccination Journey and Public Health Impact

India’s vaccination programme has achieved remarkable success by eradicating deadly diseases and expanding immunisation coverage. On National Vaccination Day, March 16, the nation marks vaccines’ role in saving...

 March 18, 2026

India’s Shift From Gas To Electric Cooking

India faces a critical energy transition in cooking fuel use. Despite 332 million LPG connections, 37% of households still use firewood or dung. India spends $26.4 billion annually...

 March 18, 2026

Artificial Intelligence Transforming Finance Industry 2026

Recent advances in artificial intelligence (AI) are reshaping the finance sector in 2026. AI technologies now drive faster decisions, better risk management, and personalised customer services. However, challenges...

 March 18, 2026

India’s Fertiliser Sector Challenges and Strategic Reforms

Recent tensions in the Gulf region have exposed India’s vulnerability in energy and fertiliser supplies. The ongoing war between Iran, Israel, and the US threatens vital maritime routes...

 March 17, 2026

FASTag Annual Pass Rate Revision 2026-27 Explained

The National Highway Authority of India (NHAI) has revised the FASTag Annual Pass rate for 2026-27. From April 1, non-commercial vehicle users must pay Rs. 3075, up from...

 March 17, 2026

India’s Growing LPG Import Dependence Crisis 2026

India is facing its worst cooking gas supply crisis in recent history. The ongoing conflict in West Asia has disrupted energy flows through the Strait of Hormuz. This...

 March 17, 2026

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