Future Economy Archives - Page 2 of 16

Role of Infrastructure in Economic Growth

Admin3 months ago3 months ago013 mins

Introduction Infrastructure is the backbone of economic development. It encompasses the physical, organizational, and technological frameworks that support economic activities and improve the quality of life. Roads, railways, ports, airports, power supply, water, telecommunications, and digital networks are all integral components of infrastructure. A well-developed infrastructure network reduces costs, facilitates trade, attracts investment, and improves…

Economic Inequality and Inclusive Growth

Admin3 months ago3 months ago013 mins

Introduction Economic inequality refers to the unequal distribution of income, wealth, and opportunities among individuals or groups within a society. While some level of inequality is inevitable in a market-driven economy, excessive economic disparity can threaten social cohesion, reduce economic efficiency, and impede sustainable development. In contrast, inclusive growth emphasizes equitable access to economic opportunities,…

Poverty Alleviation through Microfinance

Admin3 months ago3 months ago012 mins

Introduction Poverty is one of the most pressing socio-economic challenges in developing countries, especially in nations like India, Bangladesh, Nepal, and several African states. Despite decades of development initiatives, poverty continues to persist in rural as well as urban areas due to structural inequalities, unemployment, lack of access to resources, and limited financial inclusion. Traditional…

Impact of NPAs on Indian Banks

Admin3 months ago3 months ago013 mins

Introduction The banking sector plays a crucial role in the economic growth and financial stability of any nation. Banks act as financial intermediaries, mobilizing deposits from the public and lending them to businesses, individuals, and the government. However, the smooth functioning of banks depends on the recovery of the loans they extend. When borrowers fail…

Digital India and the Transformation of the Financial Sector

Admin3 months ago3 months ago011 mins

Introduction India, the world’s largest democracy, is undergoing a rapid digital revolution. The launch of the Digital India programme in July 2015 marked a decisive step towards transforming India into a digitally empowered society and a knowledge-driven economy. One of the most remarkable areas where this initiative has had a transformative impact is the financial…

Role of RBI in Maintaining Monetary Stability

Admin3 months ago3 months ago014 mins

Introduction The Reserve Bank of India (RBI), established in 1935, is the apex monetary authority of the country. As the central bank, it is entrusted with the responsibility of regulating the supply of money, supervising the financial system, and ensuring economic stability. Among its multiple roles, one of the most crucial is maintaining monetary stability,…

Central Bank Digital Currencies (CBDCs) and Their Economic Impact

Admin3 months ago3 months ago013 mins

Introduction The global financial landscape is witnessing one of its most significant transformations in the 21st century with the emergence of Central Bank Digital Currencies (CBDCs). As the world rapidly shifts towards digitalization, central banks across continents are exploring or actively developing digital versions of their national currencies. Unlike cryptocurrencies such as Bitcoin or Ethereum,…

Inflation vs Deflation: Causes and Consequences

Admin3 months ago3 months ago111 mins

Introduction Economic stability is vital for the sustainable growth of any nation. Two critical phenomena that influence the health of an economy are inflation and deflation. Both affect purchasing power, production, employment, investment, and overall economic growth, but in opposite ways. Understanding the causes, consequences, and policy responses to both is essential for students, policymakers,…

Impact of GST on the Indian Economy

Admin3 months ago3 months ago014 mins

Introduction The Goods and Services Tax (GST), implemented on 1st July 2017, marked a historic reform in India’s indirect taxation system. It replaced multiple taxes levied by the central and state governments, creating a unified tax structure. GST is a destination-based tax levied on the supply of goods and services, designed to simplify compliance, reduce…

India’s Path Towards Becoming a $5 Trillion Economy

Admin3 months ago3 months ago013 mins

Introduction India, the world’s fifth-largest economy, has embarked on an ambitious journey to become a $5 trillion economy by the mid-2020s. This goal, set by the Government of India, reflects the nation’s aspiration to accelerate economic growth, enhance global competitiveness, and improve living standards for its citizens. Achieving this target requires sustained efforts across multiple…

Category: Future Economy

Impact of NPAs on Indian Banks

Digital India and the Transformation of the Financial Sector

Role of RBI in Maintaining Monetary Stability

Central Bank Digital Currencies (CBDCs) and Their Economic Impact

Inflation vs Deflation: Causes and Consequences

Impact of GST on the Indian Economy

India’s Path Towards Becoming a $5 Trillion Economy

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