Introduction In a diverse and developing country like India, economic growth alone cannot ensure inclusive development unless it addresses existing inequalities, particularly those based on gender. One of the most effective tools for integrating gender perspectives into economic policymaking is Gender Budgeting. Introduced in India in the early 2000s, gender budgeting has gradually evolved from…
Introduction India’s economic aspirations rest heavily on sound fiscal management. The fiscal deficit and public debt are critical indicators of a nation’s financial health. While these are not inherently problematic, their sustained rise poses significant challenges for macroeconomic stability, inflation control, and long-term growth. Over the past few years—especially post-COVID-19—India has witnessed a marked increase…
Introduction The Union Budget 2024–25 is a critical document that outlines the government’s fiscal policies and strategies for the upcoming financial year. The budget serves as a key instrument for managing the Indian economy and directly impacts inflation, economic growth, and social welfare. The fiscal policy measures announced in the budget aim to address challenges…
4o mini Introduction The Make in India initiative, launched in 2014 by Prime Minister Narendra Modi, aimed to transform India into a global manufacturing hub. With an emphasis on promoting domestic manufacturing and boosting employment, it sought to attract foreign investment, foster innovation, and build a self-reliant economy. The campaign encouraged global companies to set…
Introduction Direct Benefit Transfer (DBT) is a transformative policy initiative launched by the Government of India to enhance the efficiency and transparency of welfare schemes. It aims to directly transfer subsidies and benefits to the beneficiaries’ bank accounts, thereby eliminating intermediaries, reducing leakages, and ensuring the targeted delivery of government assistance. Introduced in 2013, DBT…
Introduction The COVID-19 pandemic posed an unprecedented challenge to global economies, and India was no exception. As the world grappled with the crisis, India’s economy witnessed a historic downturn in 2020. However, in the wake of these hardships, the country embarked on a road to recovery, with various measures taken by the government to bolster…
Introduction India’s transformation into a globally significant economy depends on inclusive planning, decentralization, and sustainable practices. In this context, the National Institution for Transforming India (NITI Aayog), established in 2015, replaced the Planning Commission to better align with the needs of a dynamic and market-oriented economy. With the core principles of cooperative federalism, innovation, and…
Introduction India embarked on a new economic trajectory in 1991 with the adoption of liberalization, privatization, and globalization (LPG) reforms. These reforms marked a structural shift from a predominantly state-controlled economy to a more market-oriented system. The intent was to boost growth, attract foreign investment, improve efficiency, and integrate India with the global economy. Over…
Introduction The rollout of 5G technology represents a transformative shift in the global digital landscape. In India, the launch of 5G is not merely a technological upgrade—it is a catalyst for socioeconomic transformation, reshaping how people communicate, conduct business, and interact with government services. The 5G revolution is set to enhance digital connectivity, accelerate economic…
Introduction On May 7, 2025, India executed a highly coordinated and precise military operation named “Operation Sindoor.” This operation was a targeted air strike against terrorist camps operating from Pakistan-occupied territories. It was a decisive response to the brutal terrorist attack on April 22 in Pahalgam, Jammu and Kashmir, which claimed the lives of 26…