Topic: Economic slow down
What is Structural Transformation?
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...
What is V-Shaped Recovery?
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...
Monetary Policy Committee meets: Repo rate reduces to 4%
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...
What is Helicopter Money being suggested by World Experts?
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...
Unemployment Rate in India has increased to 23% due to Lock Down
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...
Japan declares Emergency
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....
RBI: Cuts repo rate to 4.4%; CRR to 3%; 3-month moratorium allowed on all loans
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...
Asian Development Bank Sanctions 4 million USD to members to contain Corona Virus
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...
World Bank’s Global Economic Prospect: World Economic Growth projected at 2.5%
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%....
