Growth Slowdown Analysis
Context : GDP Dropped to 5.4% in Q2 FY 2024-25, lowest in 7 quarters. Relevance:GS 3(Economy) Possible Causes:
India Skills Report ranks Kerala among top States for employability in India
Context : Kerala maintains an employability rate of 71%, ranking fifth after Maharashtra, Delhi, Karnataka, and Andhra Pradesh. Relevance: GS 3(Employment) Youth Employability: Female Employability: Overall Employability in India: Contributors to Kerala’s Success:
Confederation of Indian Industry urges government to stick to fiscal deficit target
Context: The Confederation of Indian Industry (CII) has cautioned that overly aggressive targets could negatively impact India’s economic growth. Relevance: GS 3 (Inflation Target, GDP)
₹2.4 Lakh Crore Collected at Toll Plazas Since Inception
Context : India’s highways collected ₹2.4 lakh crore, huge contributions from FASTag tolling. Relevance: GS 3 (Infrastructure, Economic Development) Benefits of FASTag System Convenience Time-Saving Transparency and Accountability Challenges Technical Issues User Awareness Operational Challenges Way Forward
WIPO Member States Adopt Design Law Treaty in Riyadh
Context: Member states of the World Intellectual Property Organization (WIPO), including India, recently adopted the Design Law Treaty (DLT) during the Diplomatic Conference held in Riyadh, Saudi Arabia. Relevance: GS III: Indian Economy Dimensions of the Article: Design Law Treaty The Design Law Treaty (DLT) is an international legal framework proposed to standardize and simplify […]
About The Critical Minerals
Context: The Ministry of Mines recently signed a Memorandum of Understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation in the critical minerals sector. Relevance: GS III- Indian Economy Dimensions of the Article: What are Critical Minerals? Why is this resource critical? What is China ‘threat’? What are countries around the world doing about it? -Source: Indian Express
Exploring the Stagnation of Rural Wages Amidst India’s Economic Growth
Context: Despite India’s impressive economic growth in recent years, rural wages have remained stagnant, particularly in real terms. This situation calls for a deeper examination of the dichotomy between macroeconomic expansion and the subdued increase in rural incomes. Relevance: GS III: Indian Economy Dimensions of the Article: Rural Wages Versus Economic Growth in India Overview […]
ILO Report Stresses Impact of Care Responsibilities
Context: A recent report by the International Labour Organisation, titled “The Impact of Care Responsibilities on Women’s Labour Participation,” identifies low female labor force participation in India as a major challenge, primarily because women shoulder the extensive caregiving responsibilities. The report suggests that more investment in early childhood care and education is required to enable […]
Finance Ministry Report Indicates Slowdown in Urban Demand for H1 FY25
Context: The latest monthly economic review from the Finance Ministry reveals a slowdown in urban demand, as evidenced by several economic indicators during the first half of FY25. The report outlines key factors influencing India’s changing economic landscape, pinpointing both challenges and potential areas for growth. Relevance: GS III: Indian Economy Dimensions of the Article: […]
About The Microfinance Institutions
Context: Recently, the Financial Services Secretary, while highlighting the crucial role of microfinance institutions (MFIs) in fostering financial inclusion, emphasised that they must avoid reckless lending despite their role in promoting financial inclusion. Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy, Banking Sector) Dimensions of the Article: What are Micro Finance Institutions (MFIs)? History of Microfinance Microfinance in India […]