Structural transformation in economics is the shift in labour force from agriculture to high-productivity sectors like manufacturing and modern services. It is a compositional shift caused by the...
A V-shaped recovery is a type of economic recession and recovery that resembles the shape of alphabet V in charting. A V-shaped recovery involves a sharp revival of...
On May 22, 2020, the policy committee met in an emergency meeting to review the current economic outlook and impacts of COVID-19. Highlights The RBI has reduced the...
With the increasing economic crisis, Helicopter Money is a solution being suggested by economic specialists all over the world. What is Helicopter Money? Helicopter Money was the term...
The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy...
On April 7, 2020, the world’s third largest economy, Japan declared emergency to combat the Covid-19 pandemic. The State of Emergency is to last till May 6, 2020....
On March 27, 2020, the Reserve Bank of India announced series of measures to counter economic slowdown caused due to COVID-19. The Central bank advanced its Monetary Policy...
The Asian Development Bank is to provide 4 million USD to member countries in Asia and Pacific to contain COVID-19, the Corona Virus. The fund is being allocated...
On January 9, 2020, the World Bank released its Global Economic Prospect. According to its forecast, the world is expected to grow economically at the rate of 2.5%....
India ranked 68th in the annual Global Competitiveness Index. It is the worst performing among the BRICS nations along with Brazil that is ranked at 71. The Global...
