Source: TOI Context: A finance ministry report cited monetary policy, macroprudential measures, and structural factors as possible contributors to the demand slowdown, highlighting differing views with the RBI on growth and inflation. About Fiscal Policy: Definition: Fiscal policy refers to the government’s use of taxation, spending, and borrowing to influence economic activity. Tools of Fiscal …
GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources Source: Times of India Direction: Go through it once Context: It is an opinion piece arguing that India has strong economic fundamentals and better demographic composition to help it make a prosperous country in the next two decades. Strong Economic Fundamentals …
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 6. Along with the measures taken so far by the government, a fiscal push is also needed for the purpose of demand generation to sustain growth recovery. Critically comment. (250 words) Difficulty level: Tough Reference: The Hindu Why the question: …
Topic: Inclusive growth and issues arising from it. 5. Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse (250 words) Difficulty level: Easy Reference: The Hindu Why the question: Key Demand of the question: To understand the dynamics between Inflation and economic growth and the role …
GS Paper 3 Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Context: The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2021-22 Series VI, which will be open for subscription for the period August 30-September 3, 2021. About the Sovereign Gold Bond …
Topic for this week’s Insights Weekend Debate is: “We Need an Alternative to that of ‘Growth and Development’ to Eradicate Poverty and Bring Prosperity.” Agenda: Development as we know has failed to uplift millions of people from poverty. Over emphasis on economic Growth and Development, and the promise of its benefits trickling …
People at the helm still blame Eurozone crisis for India’s economic problems. The same people were jubilant two years ago when India somehow managed decent growth despite severe global economic crisis. The reason for their jubilation was that they believed that Indian economy was decoupled from the crisis-hit economies of the West. Now, this reasoning seems to …
