Makhana, the ‘Black Diamond’
Finance Minister announced that a ‘Makhana Board’ will be set up in Bihar. Often called the ‘Black Diamond,’. Makhana is a Geographical Indication (GI) tagged product.
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Cabinet approves critical minerals mission with `16,300 crore outlay
The Union Cabinet’s decision on National Critical Minerals Mission will encourage India’s high-tech, clean energy, defence and other key industries,”
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Economic Survey 2024-25 Highlights
The Economic Survey for 2024-25 was tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday. The Survey is a report of the state of the Indian economy in the financial year that is coming to a close. It is prepared by the Department of Economic Affairs in the Union Finance Ministry, under the guidance of the
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Analysis of the 4 engines driving the Union Budget 2025
Finance Minister Nirmala Sitharaman lists agriculture, MSMEs, investments, and exports as four key engines of development in the Union Budget 2025. Let’s understand how the Union Budget addresses these four engines of growth for Viksit Bharat. In her speech, she highlighted four engines of development for the 2025-26 fiscal year: agriculture, micro, small, and medium enterprises (MSMEs), investments,
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Pulse Mission
The government has announced a six-year initiative called the “Pulse Mission,” aimed at boosting pulse production to achieve self-sufficiency.
Land Acquisition Act 2013
The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement Act, 2013, also known as the Land Acquisition Act, 2013.
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Dollarization and De-dollarization
India is wary of over-dependence on the dollar, and the RBI is hedging against dollar reliance but not pushing for de-dollarization. What do dollarization and de-dollarization mean?
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Crop Insurance Schemes
The crop insurance schemes — PMFBY and RWBCIS — aimed at helping farmers with risk coverage for crops against non-preventable natural calamities have been extended until 2025-26.
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Global Multidimensional Poverty Index
2024 Global Multidimensional Poverty Index highlights that India is among the five countries with the largest population of people living in poverty.
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Manmohan Singh’s contribution to India economy — LPG Reforms
When Manmohan Singh became Finance Minister in 1991, India was on the verge of economic collapse, with foreign exchange reserves sufficient to cover only a few weeks of essential imports. Faced with one of the most serious economic challenges in independent India, Singh decided to introduce economic reforms in 1991, focused on liberalisation, privatisation, and
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