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Page-65 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.

National Policy Framework on Agricultural Marketing 2024

The Central government of India has revealed the draft National Policy Framework on Agricultural Marketing in 2024. This initiative aims to create a competitive and transparent agricultural marketing...

 December 28, 2024

Challenges in India’s Consumer Price Index Compilation

India's statistical system faces challenges in integrating food items from the public distribution system (PDS) into the proposed new Consumer Price Index (CPI). This undertaking is crucial for...

 December 27, 2024

Indian Banks Report Record Profits and Improved Asset Quality

In 2023-24, Indian commercial banks experienced a rise in net profits for the sixth consecutive year. The Reserve Bank of India (RBI) published its annual report, "Trends and...

 December 27, 2024

Department of Posts – A New Era of Services

The Department of Posts (DoP) in India has undergone reforms to enhance its services. The introduction of the "Post Office Act, 2023" marks a very important change after...

 December 27, 2024

Maharashtra Onion Farmers Face Price Crash Crisis

Maharashtra's onion farmers are currently experiencing a severe price crash. This has occurred despite the high costs of production. The average procurement price has fallen dramatically over the...

 December 27, 2024

India – The New Engine of Global Oil Demand Growth

India is poised to be the leading contributor to global oil demand growth until 2035. The International Energy Agency (IEA) indicates that India will add nearly 2 million...

 December 27, 2024

Manmohan Singh – Architect of India’s Economic Reforms

In 1991, India faced a dire economic crisis. Foreign exchange reserves were alarmingly low. The economy was on the brink of collapse. Manmohan Singh, appointed as Finance Minister,...

 December 27, 2024

New Cooperative Societies Enhance Rural Economic Growth

The establishment of over 10,000 new Multipurpose Primary Agricultural Credit Societies (M-PACS) is development in India's cooperative sector. On December 25, 2024, Union Home and Cooperation Minister Amit...

 December 26, 2024

SVAMITVA Scheme Empowers Rural Property Owners in India

The SVAMITVA Scheme, launched in 2020, aims to provide a 'Record of Rights' to rural property owners in India. Prime Minister Narendra Modi is set to distribute 58...

 December 26, 2024

Surge in NRI Deposits Signals Economic Confidence

In recent months, overseas Indians have increased their deposits in non-resident Indian (NRI) schemes. Data from the Reserve Bank of India (RBI) reveals that from April to October...

 December 26, 2024

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