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Page-72 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.

Central Banks Increase Gold Reserves Amid Economic Uncertainty

In November 2024, central banks globally added 53 tonnes of gold to their reserves, as reported by the World Gold Council (WGC) in January 2025. This trend reflects...

 January 7, 2025

H-1B Visa Impact on U.S. Economy and Workforce

The H-1B visa programme is crucial for the U.S. economy. It allows employers to hire skilled foreign workers in fields like science, technology, engineering, and mathematics (STEM). The...

 January 7, 2025

Agricultural Credit Flow Surpasses Targets in 2025

Recent reports indicate surge in agricultural credit flows in rural India. The National Bank for Agriculture and Rural Development (NABARD) projects that this fiscal year, credit will exceed...

 January 6, 2025

India Establishes Fund for Critical Minerals Exploration

India is advancing its strategy to secure critical and strategic minerals through the establishment of a new fund. This initiative is part of the National Critical Minerals Mission...

 January 6, 2025

Major Infrastructure Projects Launched in Delhi 2025

In 2025, Prime Minister Narendra Modi inaugurated infrastructure projects in Delhi, amounting to over ₹12,200 crore. These projects aim to enhance connectivity and improve the quality of transport...

 January 6, 2025

New Production-Linked Incentive Scheme for Steel Sector

The Government of India is launching a new Production-Linked Incentive (PLI) scheme for the steel sector in January 2025. This initiative aims to enhance domestic production of specialty...

 January 6, 2025

Global Nutrition Targets – Progress and Challenges Ahead

The Global Nutrition Targets (GNTs) were established by the World Health Assembly to monitor maternal and child malnutrition. These targets include reducing stunting in under-5 children by 40%...

 January 6, 2025

DPIIT and Startup Policy Forum Forge Historic Partnership

The Department for Promotion of Industry and Internal Trade (DPIIT) has recently entered into partnership with the Startup Policy Forum (SPF). This collaboration aims to boost India's startup...

 January 4, 2025

Logistics Index 2024 – Achievers and Performance

The Logistics Ease Across Different States (LEADS) 2024 report categorises state of Indias and Union Territories based on logistics performance. Released by the Ministry of Commerce and Industry,...

 January 4, 2025

Global Shift Towards Clean Energy Technologies

The global energy landscape is undergoing transformation towards clean energy. This transition is driven by the urgent need for sustainable energy solutions. The International Energy Agency's report, "Energy...

 January 4, 2025

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