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Page-68 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.

Federal Reserve Cuts Interest Rate Amid Economic Uncertainty

The Federal Reserve, on December 18, 2024, reduced its key interest rate by a quarter-point. This was the third rate cut of the year. The decision reflects the...

 December 19, 2024

Decline in Employees’ Provident Fund Enrolments

The Employees’ Provident Fund Organisation (EPFO) has reported a decline in new enrolments for the financial year 2023-24. This trend follows a surge in enrolments during the post-Covid...

 December 19, 2024

Legal Guarantee of Minimum Support Price for Farmers

Recent discussions in Indian agriculture have intensified around the implementation of a legal guarantee for the Minimum Support Price (MSP). This comes in response to ongoing farmer protests...

 December 19, 2024

New Defence Public Sector Units – Modernisation and Indigenisation

Recent developments in India's defence sector highlight the establishment of new Defence Public Sector Units (DPSUs). These units emerged after the corporatisation of the Ordnance Factory Board. The...

 December 18, 2024

Rising Farmer Incomes and Growing Financial Pressures

In recent years, farmer incomes in India have shown increase. However, this positive trend is overshadowed by rising expenses. A report from the Standing Committee on Agriculture marks...

 December 18, 2024

Record Capital Expenditure for Fiscal Year 2024-25

The Government of India is poised to achieve its highest-ever effective capital expenditure in the fiscal year 2024-25. Union Finance Minister Nirmala Sitharaman announced this in the Lok...

 December 18, 2024

GST Developments and Future Directions in India

The Goods and Services Tax (GST) in India has undergone evolution since its implementation in July 2017. As of 2024, the GST framework is poised for further changes,...

 December 18, 2024

Davos 2025 – Key Initiatives Shaping Global Change

The World Economic Forum's annual meeting in Davos serves as a platform for global leaders to discuss pressing issues. The 2025 meeting is expected to build on initiatives...

 December 18, 2024

Sovereign Gold Bond Scheme Under Review by Government

The Sovereign Gold Bond (SGB) scheme, initiated by the Government of India, is currently under scrutiny. The government is contemplating its discontinuation due to rising costs associated with...

 December 18, 2024

SEBI’s New Regulations on SME IPOs in India

The Securities and Exchange Board of India (SEBI) is set to introduce new regulations for initial public offerings (IPOs) of small and medium enterprises (SMEs). This decision follows...

 December 18, 2024

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