Household debt, financing today against tomorrow, Pg6
India's household debt surges to 45.5% of GDP, raising concerns about consumption-led borrowing, income inequality, and macroeconomic stability.
Explore UPSC Current Affairs articles related to Inclusive Growth.
India's household debt surges to 45.5% of GDP, raising concerns about consumption-led borrowing, income inequality, and macroeconomic stability.
RIS study estimates Ayush sector's economic contribution at US$36.92 billion in FY25, projecting significant growth to US$318 billion by 2047.
Union Minister launches National Digital Tourism Stack and Dekho Apna Desh 2.0, emphasizing inclusive, sustainable growth beyond popular destinations, leveraging AI and local community engagement.
RBI study shows six states, led by Maharashtra, secured 67% of private project costs sanctioned by banks in FY26, indicating robust investment growth.
Union Home Minister Amit Shah launched women empowerment and cooperation initiatives in Kollam, Kerala, including 'She-Mart' and food subsidies, aiming for 'Lakhpati Didis'.
Coal India Limited consistently exceeds CSR obligations, investing ₹7,276 crore in community welfare, national missions, and inclusive growth, impacting 3.56 crore lives.
Frontline workers like ASHAs, Anganwadi Workers, and CRPs are crucial for last-mile delivery of government schemes, driving rural development and social justice.
NPCI introduces Merchant Discount Rate (MDR) on certain UPI transactions above ₹2,000, impacting specific merchants and benefiting payment ecosystem players.
Article questions India's 7.8% GDP growth, highlighting concerns over methodology, stagnant real wages, declining household savings, and weak private investment.
India's 7.8% GDP growth reflects broad-based economic strength, yet challenges persist in quality employment, private investment, and women's labour force participation.
Government's Blue Economy push transforms India's fisheries into a sunrise sector, boosting livelihoods, exports, and sustainable marine resource utilization.
PM Vishwakarma scheme achieves 30 lakh beneficiary target, boosting traditional artisans' income by 40% through skill training, credit, and market access.
NPCI introduces 0.4% Merchant Discount Rate on UPI payments exceeding ₹2,000 for merchants, effective October 15, exempting P2P.
DoRD and PFRDA partner to launch 'Pension Sakhis' leveraging SHGs, extending retirement security and financial literacy to rural households across India.
Coir industry transforms rural India, empowering women and generating ₹35 lakh turnover through eco-friendly products with MSME and PMEGP support.
BRICS nations adopt New Delhi Declaration, focusing on MSME growth, condemning unilateral trade measures, and advocating for global financial institution reforms.
Ladakh witnesses over 4.5 lakh tourists in eight months, exceeding last year's total, driven by vibrant festivals, infrastructure development, and domestic tourism push.
BRICS nations, including Iran and UAE, unite to empower women-led businesses, fostering economic resilience and integration amidst global uncertainties.
PM-KMY completes seven years, providing financial security and dignity to 24.96 lakh small and marginal farmers with a ₹3,000 monthly pension.
NSO releases first-ever district-level estimates for India's unincorporated non-agricultural sector, offering granular insights into economic activity, productivity, and female workforce participation.
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