Tag: PMI

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Examine the role of the services sector in sustaining India’s economic growth in recent years. Evaluate the major structural challenges affecting long-term expansion of the sector. Suggest measures to improve resilience and competitiveness in the sector.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. Examine the role of the services sector in sustaining India’s economic growth in recent years. Evaluate the major structural challenges affecting long-term expansion of the sector. Suggest measures to improve resilience and competitiveness in the sector. (15 M) Difficulty …

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Purchasing Managers’ Index (PMI)

Source:  IE Context: India’s Composite Flash Purchasing Managers’ Index (PMI) increased to 60.6 in February 2025, marking the first rise after three consecutive quarters of decline. About Purchasing Managers’ Index (PMI): What is PMI? PMI (Purchasing Managers’ Index) is an economic indicator derived from monthly business surveys. It measures activity at the purchasing/input stage, unlike …

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