Editorial Analysis: What will drive India’s next economic transformation

Economic TransformationApprox Read Time: 4 min Economic Transformation Global supply chains are being reworked: The covid pandemic has disrupted the global supply chains, and highlighted the issues with it, including dependencies on one or few countries for some links in the chain.Governments across the world are encouraging countries to shift their manufacturing out of China. India must position itself to benefit through export orientation: Economic Transformation With the global supply…

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Economic Bytes: (Economic Revival)

A road to economic revival runs through agriculture - (Economic Revival)Approx Read Time: 3 minutes Context: (Economic Revival) One of the world’s fastest-growing economies, India, is now facing sluggish growth, with the Reserve Bank of India sharply cutting GDP growth forecast to 6.1% for 2019-20, which is lowest in the last six years; there has been a sharp decline in the performance of key sectors. While some economists feel this…

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Economics Bytes: (Focusing Demand)

Why demand needs to be the focus? - (Focusing Demand) Approx Read Time: 4 minutes  In News: (Focusing Demand) A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy…

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Economy Revival: (National Infrastructure Pipeline)

Published on 11-Sept-2019 - National Infrastructure Pipeline National Infrastructure Pipeline of Rs.100 Lakh Crore from FY 2019-20 to FY 2024-25 Approx Read Time: 7 minutes In News: Central government constituted a task force for drawing up a roadmap for ‘National Infrastructure Pipeline’ (NIP) of Rs.100 lakh crore from the financial year 2019-20 to 2024-25. The announcement came in wake of a slowdown in economic growth which slowed to a six-year…

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Economy Issues: (Reviving Economy)

Published on 31-Aug-2019 - Reviving Economy Reviving the Economic slowdown (Reviving Economy)Approx Read Time: 4 minutes Recently, FDI norms had been eased more by the central government to have increased investments in the various sectors to revive and boost the economy. On 30 August, Finance Minister N. Sitharaman announced the merger of 10 PSBs (Public Sector Banks) into 4 big entities. The number of banks which were 27 in number…

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Indian Economy: (Economy Slowdown)

Published on 26-Aug-2019 - Economy Slowdown Increasing investment to Activate growth - Economy SlowdownApprox Read Time: 7 minutes Economy Slowdown, India’s current economic slowdown is due to a combination of two underlying trends. Cyclical slowdown: exhibited by several high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables, and housing. Structural issue of falling investment and savings: long-term fall in investment and savings rates.…

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Current Affairs (Falling Indian Economy)

Published on 21-Aug-2019 - Falling Indian Economy Falling Indian Economy, True or False?Approx Read Time: 9 minutes Large corporations incur large losses forcing the government intervention that unless they are bailed out, the entire sector, even the whole economy, might run into deep trouble. Unsurprisingly, now that the auto industry is experiencing a slump in sales, its leaders can be seen threatening the loss of growth and jobs unless the…

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