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Rising Fiscal Deficit and Public Debt in India: Challenges and the Path to Fiscal Prudence

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…

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Evaluating the Fiscal Measures in the Union Budget 2024–25: Addressing Inflation, Growth, and Social Welfare

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…

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Evaluating the Effectiveness of Direct Benefit Transfer (DBT) in Enhancing Welfare Scheme Delivery in India

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…

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Analyzing Trends in India’s GDP Growth Post-COVID-19 and Government Recovery Measures

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…

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Role of NITI Aayog in Promoting Cooperative Federalism and Sustainable Economic Development

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…

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Critically Examine Structural Changes in the Indian Economy Since Liberalization – Employment and Inequality Focus

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…

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5G Revolution: Transforming Communication, Economy, and Governance in India

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…

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Objectives of Multipurpose River Valley Projects

Introduction India is an agrarian country where a large portion of the population depends on agriculture for livelihood. With the rising population, rapid urbanization, and industrial growth, pressure on water resources has increased manifold. In this context, it becomes crucial to utilize water resources for multiple purposes. This is where Multipurpose River Valley Projects come…

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National Industrial Corridor Development Programme (NICDP)

Introduction India, one of the world’s fastest-growing economies, is working extensively to upgrade its industrial infrastructure and manufacturing ecosystem.Among the major initiatives driving this effort is the National Industrial Corridor Development Programme (NICDP) — a flagship programme aimed at developing world-class industrial nodes and corridors across the country. The NICDP is a strategic approach by…

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Government-Launched Mobile Apps for Public Welfare & Digital Governance

Introduction In the digital era, governments worldwide are leveraging technology to enhance public service delivery. India, in particular, has taken significant steps in e-governance by launching numerous mobile applications to improve transparency, accessibility, and efficiency in various sectors. These apps cater to diverse needs such as governance, finance, education, healthcare, agriculture, transport, employment, and more….

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