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Page-32 of Economic Growth

Economic growth refers to the increase in a country's production of goods and services. It is measured by the rise in Gross Domestic Product (GDP). This growth can lead to improved living standards. It often results in more job opportunities. However, it can also create challenges, such as income inequality. Sustainable growth is essential for long-term prosperity.

Strengthening India’s Logistics Through SMILE Program

The Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) Program, funded by the Asian Development Bank, is a very important initiative aimed at transforming India's logistics infrastructure. Launched to...

 March 29, 2025

India’s Trade Performance and Textile Sector

India's trade landscape has shown resilience and growth in the second quarter of fiscal year 2024-25. The recent publication, "Trade Watch Quarterly," marks key trends and opportunities within...

 March 29, 2025

What is Sahkar Taxi?

The Government of India announced the launch of "Sahkar Taxi." This cooperative-based taxi service aims to provide an alternative to established ride-hailing platforms like Ola and Uber. The...

 March 28, 2025

Zojila Tunnel 70% Completed

The Zojila Tunnel project is nearing completion, with 70 per cent of the work finished as of March 2025. This ambitious infrastructure initiative aims to connect the Ladakh...

 March 28, 2025

India’s Highway Expansion and Road Safety Initiatives

The Government of India, under the leadership of Union Road Transport and Highways Minister Nitin Gadkari, is embarking on an ambitious plan to enhance the country's highway infrastructure....

 March 28, 2025

India’s Bank Loan Growth Declines for Eighth Month

The Reserve Bank of India (RBI) reported a continued decline in bank loan growth. This marks the eighth consecutive month of moderation. The slowdown is attributed to stricter...

 March 28, 2025

India’s Fiscal Borrowing Plan for FY 2025-26

The Ministry of Finance of India has revealed its borrowing strategy for the first half of the financial year 2025-26. This plan aims to raise Rs 8 lakh...

 March 28, 2025

Maharashtra’s New Building Rules for Airport Funnel Zone

The Maharashtra government has introduced changes to building development rules. This initiative aims to facilitate the redevelopment of old structures in the Mumbai airport's "funnel zone." This area...

 March 28, 2025

India’s Growing Bioeconomy

India's bioeconomy is experiencing growth. As of 2024, its value exceeded $165 billion, contributing over 4.2% to the national GDP. The India BioEconomy Report indicates potential growth to...

 March 28, 2025

India’s Sovereign Debt Crisis and Household Involvement

India faces sovereign debt challenge. Prime Minister Narendra Modi's administration is grappling with ₹29.7 trillion ($346 billion) in bonds due over five years. This situation arises from pandemic-related...

 March 27, 2025

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