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Page-64 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.

Expansion of Dhruv-NG Helicopter in Civil Aviation

The Dhruv-NG helicopter, developed by Hindustan Aeronautics Limited (HAL), is set to transform the civil aviation sector in India. Recently, Pawan Hans Limited secured contract to operate four...

 December 30, 2024

Recent Decisions of the GST Council

The Goods and Services Tax (GST) Council recently made decisions that have stirred debate among stakeholders. These decisions involve tax rate changes and amendments to existing laws. The...

 December 30, 2024

Evaluating India’s Automotive PLI Scheme Progress

The Production-Linked Incentive (PLI) scheme for the automobile and auto components sector was initiated in 2021. It aimed to establish India as a global manufacturing powerhouse for advanced...

 December 30, 2024

Income Inequality Measurement in India – A Comparative Analysis

Income inequality in India remains a pressing issue. The country has a complex economy with both formal and informal sectors. About income distribution is essential for policy formulation...

 December 30, 2024

Rising Food Prices Impact Household Consumption in India

In 2023-24, rising food prices influenced household consumption patterns in India. The latest Household Consumption Expenditure Survey revealed notable shifts in spending habits among rural and urban households....

 December 30, 2024

Tripura Embraces Hydroponic Farming Technology

Hydroponic farming is gaining traction in Tripura. This innovative agricultural method allows crops to grow without soil. The state's government is now focusing on large-scale hydroponic systems to...

 December 28, 2024

India’s Crude Oil Demand Growth in 2024

India's crude oil demand is on an upward trajectory. Recently, India is set to surpass China in oil consumption growth. This shift is as it marks India's increasing...

 December 28, 2024

Dr Manmohan Singh Memorial Announcement

On December 26, 2024, India mourned the passing of Dr Manmohan Singh, the country's 13th Prime Minister. Following his death, the Ministry of Home Affairs announced plans for...

 December 28, 2024

India’s Fisheries Extension Services – A Growing Necessity

India's fisheries sector is vital for the economy and livelihoods. Approximately three crore fishers and fish farmers depend on it. Since 2013-14, fish production has surged by 83%,...

 December 28, 2024

India Considers Income Tax Cuts for Middle Class

The Government of India is contemplating income tax cuts aimed at the middle class to stimulate consumption amid an economic slowdown. Reports indicate that discussions are ongoing, with...

 December 28, 2024

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