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Page-63 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 Infrastructure Output Reaches Four-Month High

India's infrastructure output has shown growth, reaching a four-month high in November 2024. This increase is attributed to a rise in six of the eight core sectors. The...

 January 1, 2025

Crackdown on Spurious Drugs in Kolkata

In operation against counterfeit pharmaceuticals, the Central Drugs Standard Control Organization (CDSCO) and the Drugs Control Directorate of West Bengal conducted a raid in Kolkata. The investigation targeted...

 January 1, 2025

Biannual Admissions Transforming India’s Higher Education System

The University Grants Commission (UGC) of India introduced a very important directive allowing universities to admit students twice a year, in June and December. This policy aims to...

 January 1, 2025

Katra Ropeway Project Sparks Protests in Jammu and Kashmir

Tensions in Katra, Jammu and Kashmir, are escalating due to protests against a proposed Rs 250-crore ropeway project. Spearheaded by the Shri Mata Vaishno Devi Sangharsh Samiti, the...

 January 1, 2025

SVAMITVA Scheme – Transforming Rural Land Ownership

The SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme aims to modernise land records in rural India. Launched on April 24, 2020, it...

 December 31, 2024

Indian Banks’ Bad Loan Ratio Forecast for 2026

The Reserve Bank of India (RBI) has projected a potential increase in the gross bad loan ratio of Indian banks from 2.6% to 3% by March 2026. This...

 December 30, 2024

India’s Manufacturing Sector Growth by 2032

India's manufacturing sector is experiencing a transformative phase. Its contribution to Gross Value Added (GVA) is projected to rise from 14% to 21% by 2032. This growth is...

 December 30, 2024

Innovations in Indian AgriTech – Challenges and Solutions

India's agricultural sector is vital to its economy. It is primarily agrarian and holds immense potential for technological advancements. Despite this potential, AgriTech innovations face hurdles. These include...

 December 30, 2024

China’s CR450 Bullet Train Sets New Speed Record

The CR450 bullet train, developed by China State Railway Group Co., is a groundbreaking advancement in high-speed rail technology. Unveiled in December 2024, this train is capable of...

 December 30, 2024

Improved Profitability of Indian Banks in 2024

The banking sector in India has shown remarkable resilience and growth in the fiscal year 2023-24. The Reserve Bank of India (RBI) reported that banks' profitability has improved...

 December 30, 2024

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