Page-3 of Economic development

Civil Aviation in India

The domestic civil aviation market has received a major flip with 12 new routes added under the Regional Connectivity Scheme. What is the Regional Connectivity Scheme (RCS)? The RCS also referred to as the UDAN (Ude Desh ka Aam Naagrik) ..

US to end preferential trade terms Under GSP for India

The US President Trump has terminated India’s designation as a beneficiary developing nation under the Generalized System of Preference (GSP) trade programme. Why did the US Withdrew? The US has stated that: India did not assure the US that it ..

United Nations releases World Economic Situation and Prospects (WESP) 2019 Mid-year Update

The United Nations (UN) has recently released the World Economic Situation and Prospects (WESP) 2019 Mid-year Update. In it, the UN has lowered its forecast for India’s GDP growth in 2019-20 to 7.1% from its estimate in January of 7.5%, ..

India ranked 117th in 2019 KidsRight Index

India has been ranked 117th out of 181 countries in the 2019 KidsRight Index, which ranks countries on the basis of how much they are involved and equipped to improve child rights. Iceland made the top position with an overall ..

New Delhi is organizing 2019 World Trade Organisation (WTO) ministerial meeting of developing countries

On 13th May 2019, the World Trade Organisation (WTO) ministerial meeting of developing countries has started in New Delhi. The two-day meeting is being held at a time when the multilateral rule-based-trading system is facing serious and grave challenges. The ..

World Bank releases its latest report on “South Asia Economic Focus, Exports Wanted”

As per latest report on “South Asia Economic Focus, Exports Wanted” by World Bank (WB), India’s GDP growth is expected to accelerate moderately to 7.5% in FY 20 (2019-20) and will be driven by continued investment strengthening, particularly private-improved export ..