Will the FY26 Budget Reverse the Decline in Social Sector Spending
Declining Share in Union Budget Relevance : GS 3(Economy ) Scheme-Level Allocation Cuts Exceptions to the Trend The Need for Action in FY26 Budget Key Observations and Recommendations
One in three Indians wants to buy an electric vehicle next
Consumer Preferences and Gender Influence Barriers to EV Adoption Solutions to Overcome Challenges Impact of High-Income Households Preference for Pre-Owned Vehicles Future Trends
The Impacts of Rupee Weakening
Nature of the Devaluation: Relevance : GS 3(Economy ) Exchange Rate Policies: Implications of Depreciation: Structural Challenges: Policy Dilemmas: Reflection: The Indian economy faces a dual challenge: managing inflationary pressures due to rupee depreciation while ensuring that real exchange rate movements do not hinder export recovery. A well-communicated and adaptive exchange rate policy will be crucial to navigating […]
Inflation Eases to 4-Month Low of 5.22
Context : Inflation Trends Relevance : GS 3(Economy ) Sector-Specific Inflation: RBI’s Response and Outlook: Factors Influencing Inflation: Future Outlook: Expert Opinions:
Decoding India’s growth slowdown
GDP Growth Slump: Relevance: GS 3(Economic Development) Data Discrepancies: Private Investment Issues: Sectoral Slowdown: Fiscal Strain: Recommendation for Revenue Mobilization: Conclusion:
The Centre’s share in States’ revenue has surged in the last decade
Findings: Relevance : GS 3(Economic Development) . Decline in States’ Own Revenue: Dependency on Centre: Inefficiency in Tax Collection: Implications: Conclusion:The increasing reliance on Central transfers and declining own revenue sources point to a structural issue in state finance management. States need to enhance their tax collection capabilities to reduce dependency on the Centre and improve fiscal autonomy. Effective tax reform, especially […]
GDP growth projected to fall to four-year low at 6.4%
Context : GDP Growth Projections: India’s GDP is expected to grow at 6.4% in FY 2024-25, the lowest in four years, down from 8.2% in FY 2023-24 (National Statistics Office’s advance estimates). Relevance : GS 3(Economic Development ) Economic Recovery: The economy grew by 6% in the first half of the current financial year, with a projected 6.8% […]
Financial System Stable on Healthy Balance Sheets
Context; The RBI reported a stable financial system in 2024, characterized by improved asset quality, strong capital buffers, and shifting deposit preferences driven by rising interest rates. Relevance : GS 3( Banking ) Asset Quality Profitability Trends Banking Resilience Deposit Profile Shift Implications Outlook
Leave Banking to RBI Says Supreme Court
Case Background Context: Relevance : GS 2(Judiciary ), GS 3(Banking ) Supreme Court’s Judgment: Observations by the Supreme Court Rationale Behind the Verdict Role of RBI: Judicial Overreach: Legal Framework Referenced Banking Regulation Act, 1949: Judicial Oversight: Implications of the Verdict Clarification of Roles: Impact on Consumers: Banking Autonomy:
Govt. will boost spending quality, cut fiscal deficit
Context: Finance Minister Nirmala Sitharaman is set to present the 2025-26 Budget on February 1, and the government is committed to reducing the fiscal deficit to 4.5% of GDP by FY2026. Relevance: GS 3 ( Budget,Economy)