UPSC Editorial analysis: Recalibrating Banking Regulations for Sustained Growth
General Studies-3; Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Introduction India’s economy, currently valued at $3.7 trillion (2023-24), is projected to touch $7 trillion by 2030-31, propelled by fiscal discipline, infrastructure expansion, and financial sector growth. To maintain this momentum, robust capital expenditure and enhanced credit flow …
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