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Page-42 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.

India’s Path to High-Income Status by 2047

In a recent report, the World Bank outlined the necessary steps for India to achieve high-income status by 2047. The country must maintain an average growth rate of...

 March 1, 2025

Sebi Launches Centralised Database for Corporate Bonds

The Securities and Exchange Board of India (Sebi) introduced a new initiative named Bond Central. This platform serves as a centralised database for corporate bonds in India. The...

 March 1, 2025

Andhra Pradesh Budget 2025-26

The Andhra Pradesh budget for the fiscal year 2025-26 was presented by the TDP-led NDA government. This budget prioritises welfare schemes aimed at supporting farmers, fishermen, and children....

 March 1, 2025

India’s Digital Economy

India is currently the third largest economy globally. However, its digital user economy ranks only 28th. This disparity marks gap between overall economic achievement and digitalisation at the...

 March 1, 2025

India’s Economic Recovery Projections for 2024-25

India's economy is poised for recovery in the fiscal year 2024-25. The International Monetary Fund (IMF) forecasts a growth rate of 6.5%. This optimism stems from increased government...

 February 28, 2025

Indian Economy Shows Signs of Recovery in 2025

India's economy is displaying positive signs as inflation moderates and key economic indicators improve. The Reserve Bank of India (RBI) has responded by cutting interest rates. This decision...

 February 28, 2025

India’s House Price Index Trends in 2025

The Reserve Bank of India (RBI) has published its quarterly house price index (HPI) for the December quarter of 2024-25. This report is based on transaction-level data from...

 February 28, 2025

India’s Maritime Initiatives for Global Trade Enhancement

India is making strides in modernising its maritime infrastructure. The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, has launched several initiatives aimed at enhancing global...

 February 28, 2025

Japan’s Birth Rate Hits Record Low in 2024

Japan faces demographic challenges as its birth rate continues to decline. In 2024, the number of births fell for the ninth consecutive year. This trend has raised concerns...

 February 28, 2025

Kerala’s Floating Solar Power Plant Guidelines Unveiled

The Kerala Cabinet approved the ‘Guidelines on Development of Floating Solar Power Plants’. This initiative aims to enhance renewable energy capacity in the state. The guidelines are part...

 February 28, 2025

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