Tag: Indian Economy

Source: The post is based on the article “On smartphone manufacturing in India” published in “The Hindu” on 22nd August 2023. Syllabus: GS3- Effects of liberalisation on the economy, changes in industrial policy and their effects on industrial growth. News: The article discusses a debate between former RBI governor Raghuram Rajan and Minister Rajeev Chandrasekhar… Continue reading “On smartphone manufacturing in India”

Source– The post is based on the article “How to fix holes in the financial safety net” published in “The Indian Express” on 22nd August 2023. Syllabus: GS3- Economy Relevance: Global financial system News– The article explains the evolution of the global financial system and challenges faced by current financial architecture. It also explains the… Continue reading How to fix holes in the financial safety net

Source: The post is based on the article “When VVIPs Leave” published in The Times of India on 21st August 2023. Syllabus: GS3 – infrastructure development News: The author discusses how cities in India temporarily improve infrastructure for G20 meetings, which highlights the year-round poor conditions. He also emphasizes the need for local government power… Continue reading When VVIPs Leave – on the issue of beautification of cities during VVIP visits

Source: The post is based on the article “Dollar Today, Rupee Tomorrow” published in The Times of India on 21st August 2023. Syllabus: GS 3 – Indian economy – Money and Currency News: In this article author discusses the challenges and implications of making the Indian rupee an international currency, comparing it to dominant currencies… Continue reading Dollar Today, Rupee Tomorrow

Source– The post is based on the article “Where prices are hurting” published in “The Indian Express” on 19th August 2023. Syllabus: GS3- Indian economy Relevance: Issues related to inflation News– As the Reserve Bank of India has released its August monthly bulletin. What are the inflation prospects of the country? The inflation for July… Continue reading Where prices are hurting

Source: The post is based on the article “Express View on RBI studies: Carrying hope” published in “The Indian Express” on 19th August 2023. Syllabus: GS3- Indian economy News: The National Statistical Office will soon release GDP growth estimates for the first quarter (April-June). The RBI predicts an 8% growth. Despite global slowdowns and a… Continue reading Express View on RBI studies: Carrying hope

Source: The post is based on the article “How To Bottle Inflation Genie” published in “Times of India” on 17th August 2023. Syllabus: GS3 – Indian Economy Relevance: Inflation News: Consumer price index (CPI)-based inflation, which appeared to have peaked at the beginning this fiscal, spiked to 7. 4% in July, decisively above the Reserve… Continue reading How To Bottle Inflation Genie

Source: The post is based on the article “Global headwinds” published in “Indian Express” on 17th August 2023. Syllabus: GS3 – Indian Economy Relevance: Exports from India News: Recently released trade data by the Ministry of Commerce and Industry points towards a continuing weakness in India’s exports. What does the data say? In July, merchandise… Continue reading Express View on export data: Global headwinds

Source: The post is based on the article “The 2047 Dream- Developed country? Provided India undertakes a tough but doable set of internal reforms” published in “Times of India” on 16th August 2023. Syllabus: GS2- Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources. & GS3- growth, development and… Continue reading The 2047 Dream- Developed country? Provided India undertakes a tough but doable set of internal reforms

Source: The post is based on the article “China’s economic slump may yet wash up on foreign shores” published in Live Mint on 14th August 2023. Syllabus: GS 3 – Economy – Growth & Development Relevance: About the global economic scenario News: The current situation raises concerns over global imbalances arising out of China’s declining economy. What… Continue reading China’s economic slump may yet wash up on foreign shores