The Damodar Valley Corporation (DVC) has accomplished a significant milestone by generating 43.32 billion units of electricity during the fiscal year 2022-23. This achievement marks a growth rate of 6.5% compared to the previous fiscal year 2021-22. DVC operates thermal and hydropower plants through...
IntroductionIndia’s significant and escalating income and wealth inequality have garnered attention among economists and global observers. The issue has taken center stage in the ongoing parliamentary election, as highlighted by the Loknity-CSDS 2024 pre-poll survey (The Hindu, April 11, 2024). Th...
India has emerged as a significant exporter of agricultural products, with a rich history dating back to early times when it was renowned for its spices globally. Currently, key exports include rice (both basmati and non-basmati), spices, cotton, oilseed cakes, castor oil, coffee, cashews, tea (clas...
The volume of exports plays a pivotal role in the GDP of any economy. India, as one of the fastest-growing major economies globally, anticipates surpassing Japan to become the third-largest economy in the coming years. Historically, vibrant export sectors have been fundamental to the prosperity of s...
The West Bengal State Budget for the fiscal year 2024-25, presented by the Minister of State for Finance (Independent Charge), Chindrima Bhattacharyay, underscores a commitment to social sector development. The budget, totaling Rs. 3,66,166 crore, was unveiled in the state Assembly on Febr...
RC Bhargava, Chairman of Maruti Suzuki Ltd, recently shared insights on the growth of the Indian automobile sector, noting that historically, its performance aligned with the country’s GDP. However, a significant deviation occurred in 2019-20. Factors contributing to this shift included the i...
The production, pricing, and export of tea in India have remained stagnant, as highlighted by Ajay Jalan, the President of the Tea Association ofIndia (TAI) during the 49th biennial Annual General Meeting held in Kolkata a few days ago. Additionally, this year marks the significant milestone of the ...
The Ministry of Finance of the Government of India recently released a document titled ‘The Indian Economy—A Review’ on January 29, representing a distinct departure from the traditional Economic Survey presented before the Annual Budget proposal. While this year lacks a full budget due t...
The logistics sector serves as a pivotal backbone of any economy. The competitiveness and overall satisfaction of consumers within an economy rely heavily on the efficiency of its logistics. In India, the logistics sector has witnessed substantial growth, largely fuelled by the thriving e-commerce a...
Experts Analyse India’s Economic Landscape in the Wake of Global ShiftsIn a recent interview with ‘India Today’, Kaushik Basu, former Chief Economist of the World Bank and Professor at Cornell University, highlighted India's unique position in the global economy. He emphasized that the growing...
