UPSC CURRENT AFFFAIRS 16 MAY 2026

The article covers major current affairs across governance, economy, environment, and international relations. Key highlights include India-UAE strategic agreements on defence, energy, finance, and technology, strengthening bilateral ties. Another major theme is India’s path to “Viksit Bharat 2047,” emphasizing productivity-led growth, manufacturing reforms, skill development, and efficient capital allocation. It also discusses Rajasthan’s first semiconductor …

Productivity, Not Just Growth: India’s Path to Viksit Bharat 2047

Source: THSubject: Economy Context: The Economic Survey 2025-26 and recent economic assessments have shifted the policy focus from mere aggregate GDP expansion to structural productivity growth as India targets its Viksit Bharat 2047 vision. Productivity, Not Just Growth About Productivity, Not Just Growth: India’s Path to Viksit Bharat 2047: What is Productivity? In macroeconomics, productivity—specifically …