economy

Inflation, Definition, Causes, Impacts, Inflation Rate in India

Context: RBI said core inflation is falling but food price fluctuations are affecting the RBI's monetary policy and their 4% target. Vegetable price drops during winter were minimal and temporary, with cereal, meat, and fish prices experiencing increases. What is...

Human Development Index India’s Ranking 134 Out of 193 Countries

Context: According to the United Nations Development Programme (UNDP) report “Breaking the gridlock: Reimagining cooperation in a polarised world” India has been ranked 134th in the Human Development Index. Findings of Human Development Index (HDI) Improvement in Ranking: India's HDI...

Ports and Shipping Industry in India

Ports and Shipping Industry in India Ports and Shipping Industry in India is surging ahead, riding on the waves of economic progress. With a coastline stretching over 7,500 kilometers and more than 200 ports, India holds a strategic position in...

Spices Sector in India, List of Indian Spices, History and Government Initiative

Spices Sector in India The spices sector in India stands as a testament to the country's rich cultural heritage and economic resilience. From ancient civilizations to modern times, spices have been integral to India's identity, shaping its culinary traditions and...

Fair and Remunerative Price (FRP), Factors, Implications

Fair and Remunerative Price (FRP) The recent issuance of a government resolution by the Maharashtra Government regarding sugar payment methods has sparked debates and protests among farmers in the state. The resolution proposes changes in the Fair and Remunerative Price...

100% FDI in Space Sector and its Benefits

Context: The Union Cabinet amendment to the existing Foreign Direct Investment (FDI) policy allowed 100% FDI in the space sector without prior approval. More In News Foreign firms planning to build satellites in India would not require government approval up...

Crop Diversification and its Benefits

Context: The Indian government is encouraging crop diversification among farmers to reduce reliance on traditional crops and bolster sustainability and economic viability. About Crop Diversification Crop diversification refers to the practice of growing a variety of crops on a farm...

Development of Tourism in India, Current Landscape, Government Initiatives

Development of Tourism in India Tourism in India holds immense potential as a significant contributor to the country's economy, despite facing various challenges. With its rich cultural heritage, diverse landscapes, and historical monuments, India has always been a magnet for...

Farmers Protest 2.0, Background, Key Demands and Government Response

The 2024 Indian farmers' protest, which commenced on February 13, 2024, marks a significant resurgence of farmer agitation in India, echoing the sentiments and demands of the 2020–2021 protests. The protest, primarily led by the Samyukt Kisan Morcha and the...

WTO – Farm Subsidies, History, Types, Implications and Significance

WTO - Farm Subsidies The World Trade Organization (WTO) plays a crucial role in governing international trade relations, including the highly contentious issue of farm subsidies. Farm subsidies are financial assistance provided by governments to agricultural producers to stabilize prices,...