Page-2 of Economic growth
Indo-Pacific Economic Framework for Prosperity (IPEF)
On 23rd May 2022, Joe Biden, the President of the United States unveiled a discussion on the Indo-Pacific Economic Framework for Prosperity (IPEF). This discussion has been held with a dozen initial partner countries that also include India. The countries ..
Month: Current Affairs - May, 2022
Category: Important Days & Events Current Affairs • Summits and Conferences
NSO First revised FY21 GDP estimates
The National Statistical Office recently released the first revised GDP estimates for the fiscal year 2021. According to the estimates, the GDP contracted by 6.6%. Earlier, the GDP had contracted by 7.3%. The contraction is mainly due to COVID pandemic ..
Month: Current Affairs - February, 2022
Category: Reports & Indexes Current Affairs
Economic Survey 2021-22- Highlights
The Economic Survey 2021-22 was tabled in Parliament on January 31, 2022 by Finance minister Nirmala Sitharaman. Who prepared the Economic Survey? Economic Survey 2021-22 was prepared by a team led by principal economic adviser Sanjeev Sanyal. The survey is ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs - 2024
Second Round of Quarterly Employment Survey
The Union Ministry of Labour and Employment recently released the second round of Quarterly Employment Survey. According to the survey, nine sectors hired two lakh people. This accounted to 85% of the total employment of the country. The survey was ..
Month: Current Affairs - January, 2022
Category: Reports & Indexes Current Affairs
World Bank’s ‘Global Economic Prospects’ Report
World bank’s Global Economic Prospects’ Report was released on January 11, 2022. Key Findings of the report The report notes that, Global economic growth will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021. It ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024 • Reports & Indexes Current Affairs
CEBR’s prediction on Indian Economy
According to Centre for Economics and Business Research (CEBR), India will regain sixth position from France in 2022 and become the third-largest economy in 2031. Highlights Earlier it was predicted that, India will become the third-largest economy in 2030. In ..