Page-2 of Topic: Indian Economy
Extension of Foreign Trade Policy 2015-20 – Update (September, 2022)
The current Foreign Trade Policy has been extended by six months due to currency volatility and global uncertainty. Key facts Foreign Trade Policy 2015-20 has been extended for...
Amendment of Foreign Trade Policy of India for Rupee Settlement
The Central Government has made changes to the Foreign Trade Policy of India to activate the RBI’s mechanism facilitating trade in the Indian Rupee. Key facts The recently...
National Logistics Policy
Prime Minister Modi recently launched the National Logistics Policy (NLP). Key features The National Logistics Policy aims to promote smooth movement of goods across India and boost competitiveness...
India set to become 3rd largest economy by 2030
Recently, State Bank of India (SBI) released a research report which states that India is likely to become the third largest economy in the world by 2029. Highlights...
India becomes world’s fifth-largest economy
Recently, India has overtaken the UK to become the fifth largest economy in the world. India is now behind the US, China, Japan and Germany in terms of...
World Competitiveness Index 2022
Institute for Management Development recently compiled and released the annual World Competitive Index on June 15, 2022. India witnessed sharpest rise among Asian countries. Rank of countries India’s...
RBI State of the Economy Report
The Reserve Bank of India (RBI) in its ‘State of the economy’ report cautioned that the surging commodity prices are causing inflation risks, especially through the surging of...
WPI based inflation in March
The wholesale price index (WPI) based inflation in India in the month of March rose to 14.55 per cent due to an increase in power prices and rising...
India’s Borrowing Estimate in the First Half of 2021-23
To fund the revenue gap for the economy’s revival Rs 8.45 lakh crore has been targeted by the government of India that will be raised through borrowings in...
Contribution of YouTube Creators to Indian GDP
The growing creator ecosystem of YouTube has contributed Rs 6,800 crore to the GDP of India and has supported 6,83,900 full-time equivalent jobs in the country in 2020....
Finance Ministry’s Monthly Economic Review – Update (February, 2022)
On the basis of several efforts taken by the government in Budget 2022-23, the Indian economy is expected to grow at the fastest rate among the large nations,...