Tourism has the potential to flourish across all regions—ranging from vibrant cities to remote rural, tribal, hilly, and forested areas. It is one of the few sectors that can simultaneously boost GDP, create employment opportunities, and enhance foreign currency earnings. The expansion of tourism ...
India’s year-on-year (YoY) headline inflation rate, based on the All India CPI, stood at 1.55% in July 2025, according to a PIB press release on 12 August 2025. This marks the lowest YoY inflation rate since June 2017.For a country like India, where a large segment of the population falls within l...
The Prime Minister of India has called upon citizens to buy more Indian-made products, a statement first made at a political rally in Varanasi. But how effective can this strategy be? And could it conflict with the global economic order?US Tariffs and the Global Trade ParadigmWhen the world’s larg...
India’s banking sector has witnessed a significant reduction in policy rates, with the Reserve Bank of India (RBI) cutting the repo rate by a cumulative 0.75%—first in April and then again in June 2025. The objective behind this move was to reduce the cost of capital and stimulate private invest...
On July 16, the Union Cabinet approved the Prime Minister Dhan-Dhannya Krishi Yojana (PMDDKY), a flagship initiative announced in the Union Budget earlier this year. Addressing reporters after the Cabinet meeting, Union Minister Ashwini Vaishnaw stated that the scheme merges 36 existing schemes from...
Ensuring inclusive healthcare—not just providing healthcare services—is essential for India’s path to prosperity. For a country like India, inclusive healthcare can eradicate poverty, enhance productivity, and lead to overall economic and social advancement.The World Health Organization (WHO) ...
The 9th Global MSME Day was observed across various parts of India on 27th June. Reports indicate that discussions largely focused on three key areas: access to finance, product marketing, and technological challenges. The critical role of MSMEs in India’s economy was repeatedly highlighted. MSMEs...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has cumulatively slashed the key policy rate—the repo rate—by 100 basis points in 2025.Theoretical Basis: Monetarism and GrowthThe RBI’s approach reflects the influence of monetarist economic theory, which holds that a well-re...
In recent years, India has been actively pursuing Free Trade Agreements (FTAs) with various countries and trade blocs. So far, it has signed around 13 FTAs, varying widely in their scope and objectives. However, many observers remain skeptical about their effectiveness. Between 2017 and 2022, Indiaâ...
