Economics Notes

What is Gold Monetization Scheme? What are its objectives and benefits? Read further to know more. The goal of the Gold Monetization Scheme is to mobilise the country's idle gold that is held in homes, institutions, corporations, and temple trusts, make it easier to employ it … [Read more...] about Gold monetization scheme

The term Dollarization has been used loosely in reference to how foreign money replaces domestic money in any of its functions. The influence of the dollar in the domestic market is also termed dollarization. The Indian central bank has raised concern about the dollarization of the Indian economy by … [Read more...] about Dollarization of Economy

The Indian economy in 2023 is predicted to be hopeful yet challenging. The world bank has predicted economic growth at 6.6% in FY24 as well. Hence India’s march to become the third-largest economy by 2047 seems to be on track. Read here to know about the predictions and challenges for 2023. The … [Read more...] about Indian Economy 2023: Predictions and Challenges

Why a better infrastructure is needed for economic development and what are the challenges associated with it?Read further to know more. As India draws closer to being a $5 trillion economy, the government’s strategic initiatives to encourage the infrastructure sector are providing a boost to the … [Read more...] about Infrastructure and Economic Development

In the three months from September to December 2021, the Indian rupee depreciated by 2.2%. What is the reason for the Depreciation of the Indian rupee? What are its impacts? What is the role of RBI in controlling the depreciation of the Indian Rupee? Read further to know more about the Depreciation … [Read more...] about Depreciation of Indian Rupee

The healthcare sector in India has grown significantly in both employment and income. Over the past two years, technology and innovation in healthcare have become more prominent, and 80% of healthcare systems plan to increase their investment in digital healthcare technologies over the next five … [Read more...] about Healthcare Sector in India

The term "corporate tax," sometimes known as "corporation tax" or "business tax," refers to a type of direct tax levied against the profits or assets of corporations or other similar legal entities. These taxes are common in many nations, and they might also be levied at the state or local levels. … [Read more...] about Corporate Tax

This decade, the Indian manufacturing sector has the greatest potential to drive economic growth and create jobs. India has a significant capacity to participate in global markets due to factors such as electricity expansion, long-term employment opportunities, and skill development pathways for … [Read more...] about Indian Manufacturing Sector

In order to ensure food security and prepare for unforeseeable situations like drought, starvation, conflicts, etc., the public sector in India maintains Buffer stocks.  What are buffer stocks? How do they affect food security? What are the challenges faced by it? Read the article to know more about … [Read more...] about Issues of Buffer stocks and Food security

Farm subsidies can be divided into direct and indirect subsidies depending on the type of subsidy given. How is direct farm subsides different from indirect farm subsidies? What are their merits and demerits? How can we tackle issues relating to them? Read the article to learn more about issues … [Read more...] about Issues related to direct and indirect farm subsidies and minimum support prices