economy

Food and Fertiliser Subsidies in India, Need and Issues

Context: As Prime Minister Narendra Modi completes 11 years, India's macroeconomic indicators reflect significant growth and reduced poverty, yet challenges of inequality, subsidy inefficiency, and environmental sustainability persist. Food and Fertiliser Subsidies in India Subsidies on food and fertiliser are...

Expansionary Policy in India, Types, Advantages and Risks

Context: The Reserve Bank of India (RBI) has cut key lending rates in two successive meetings, indicating a significant expansionary shift. Instances of RBI Lending Rate Cuts in 2025 April 2025: The RBI reduced the repo rate by 25 basis...

Global Trade War: Steering the Indian Economy Amidst Global Troubles

Context: Trade wars, tariff reviews and new bilateral deals are reshaping global commerce. For an export-oriented India, this turbulence is both a near-term issue and an opportunity to lock itself into the new supply-chain geography. Current Situation in Global Trade...

4th International Conference on Financing for Development 2025

Context: UN Member States have reached agreement on the outcome document for the Fourth International Conference on Financing for Development (FfD4), to be formally adopted at an upcoming summit in Sevilla, Spain. More in News Serves as a foundation for...

Committee of Creditors (CoC) under IBC 2016, Concerns, Impact and Consequences

Context: There have been growing concerns related to the Committee of Creditors (CoC )'s unchecked discretion, lack of transparency, and procedural opacity in key decision-making. What is the Committee of Creditors (CoC) under IBC 2016? The Committee of Creditors (CoC)...

India Needs to Design an Inclusive Pension System

Context: Pensions offer financial security in retirement, particularly as income streams cease, healthcare costs rise, and inflation increases. In India, most retirees lack adequate pension coverage, making them vulnerable to poverty in old age. Current Situation of Inclusive Pension System...

Special Economic Zone (SEZ), Objective, Feature, Importance and Challenges

Context: To support India's semiconductor ambitions, the Ministry of Commerce and Industry amended the Special Economic Zone (SEZ) Rules, 2006. What Were the Changes in Special Economic Zone (SEZ) Rules, 2006? Rule 5: Reduction in Minimum Land Area for Semiconductor/Electronic...

Aviation Sector in India, Concerns, Current Growth and Government Initiatives

Context: The recent Air India Dreamliner crash (AI171) in Ahmedabad, Gujarat, has intensified scrutiny on the preparedness of the Aviation sector in India. Current Growth Of Aviation Sector in India Domestic air travel is rebounding strongly with 6–10% annual growth....

Anti Dumping Duty, Goals, Legality and Examples

Context: India imposed a 30% Anti-Dumping Duty (ADD) on bare printed circuit boards (BPCBs) to protect domestic PCB manufacturers. What is Anti Dumping Duty (ADD)? Anti dumping duty is a protectionist tariff imposed by a country on foreign imports that...

Honey Production In India: Beekeeping and Government Initiatives

Context: PM Narendra Modi highlighted the transformative journey of India’s honey industry over the past decade. Honey Production in India Annual Production: India produced approximately 1,46,000 metric tonnes (MT) of honey (as per the 3rd advance estimate for 2023–24). Exports...