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…
Introduction Plastic pollution has become one of the most pressing environmental issues of our time. With millions of tons of plastic waste ending up in landfills and oceans every year, the need for effective recycling methods is more critical than ever. Traditional plastic recycling methods have their limitations, often resulting in downcycled products that do…
India has set an ambitious goal of becoming a $5 trillion economy, a vision that represents its aspirations for rapid economic expansion, global competitiveness, and improved living standards. The government has undertaken key structural reforms, policy measures, and sectoral advancements to accelerate growth, but significant challenges remain. This article critically analyzes India’s progress toward achieving…
A nation’s economic growth and development depend heavily on how its government allocates financial resources through the annual budget. The budget determines the course of public spending, taxation, investment in key sectors, and social welfare initiatives, all of which shape economic stability and progress. In India, the Union Budget is a crucial policy instrument that…
Introduction Inclusive growth is a development approach that ensures economic expansion benefits all sections of society, particularly the marginalized and disadvantaged groups. It goes beyond mere GDP growth and emphasizes equitable distribution of wealth, access to opportunities, and social justice. For a country like India, where disparities in income, social status, and access to resources…
Introduction India, one of the fastest-growing economies in the world, faces an increasing demand for energy. The country’s energy sector has traditionally been dominated by fossil fuels, but the shift towards renewable energy has gained momentum in recent years. With abundant natural resources such as sunlight, wind, and hydropower, India has significant potential to transition…
Introduction The concept of a circular economy (CE) is gaining traction as an effective strategy to address the growing environmental crisis. Unlike the traditional linear economy, which follows a take-make-dispose model, a circular economy promotes resource efficiency, waste reduction, and sustainability. In this system, materials and products are reused, repaired, refurbished, and recycled, minimizing waste…
Introduction Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in shaping India’s economic landscape. Often referred to as the backbone of the Indian economy, MSMEs contribute significantly to employment generation, industrial output, exports, and inclusive growth. With more than 63 million enterprises spread across the country, MSMEs collectively employ over 110 million people…
Introduction The concept of a self-reliant India, or “Atmanirbhar Bharat,” has gained significant momentum in recent years, especially in light of global disruptions such as the COVID-19 pandemic. Announced by Prime Minister Narendra Modi, this vision aims to reduce dependency on foreign goods, boost domestic industries, and make India a global manufacturing and economic hub….
Introduction Economic growth has long been the primary goal of nations, driven by industrialization, urbanization, and technological advancements. However, rapid economic expansion often comes at the cost of environmental degradation, resource depletion, and social inequalities. The challenge of balancing economic growth with sustainability has led to the emergence of the concept of sustainable development—a model…