Introduction With its firm forward linkages, agriculture and allied activities significantly contributed to the country’s overall growth and development by ensuring food security. But the performance has been buoyant over the past several years. To tackle the issue, the government intervened: to enhance credit availability, aggravate livestock and crop productivity, promote crop diversification, ensure certainty…
Introduction Climate change is a prolonged change in weather and temperature patterns that can occur due to natural reasons. The global nature of the matter makes India one of the most critical countries though it contributed only about 4 % of the cumulative global emersion for 1850-2019. However, it has consistently demonstrated global leadership by…
Introduction In India, Consumer price inflation went through three phases in 2022. A growing phase up to April 2022, when it crested at 7.8 %. A holding pattern at around 7.0 % up to August 2022. A decline to around 5.7 % by December 2022. Reasons The rising phase was due to the Russia-Ukraine war….
The Indian economy has made several strides in the last few decades. This chapter covers India’s economic growth story in the last few years and compares it with several key indicators of the last few decades. The growth story of the past few decades: Product and Capital Market Reforms since 1991: Liberalisation: It ended the…
In the wake of the global scenario of growing economic uncertainties in the past couple of years – RBI and the government has taken necessary steps to deal with the situation of growing inflation. On the lines of other central banks across the globe, RBI has adopted a dear money policy along with some other…