Economics Notes

India is currently the world's seventh-largest civil aviation market and third-largest domestic aviation market in the world. It is predicted to become the third-largest air passenger market by 2024. However, there are still many challenges left. What are those challenges? Why does civil aviation … [Read more...] about Aviation Infrastructure

Inflation-indexed bonds are often seen in the news. Do you know what exactly it is? Read to know more about Inflation-indexed bonds. Did you ever think about saving a part of your income? Probably the first thing which came to our mind will be of savings account or buying a bond. However year by … [Read more...] about Inflation Indexed Bonds

What are the Planning and Economic Reforms? Why is it so important that it is considered by almost all leaders? What are the Gandhian and Nehruvian approaches to planning? To answer these questions, read further. One of the most notable inventions of the 20th century was socioeconomic planning. … [Read more...] about Planning and Economic Reforms

The union government has allocated Rs. 72000 crores for Mahatma Gandhi National Rural Employment Guarantee Act, (MGNREGA) scheme in 2021-22. What is MGNREGA? What are the objectives and key features of this scheme? Read here to know more. The Mahatma Gandhi National Rural Employment Guarantee Act … [Read more...] about MGNREGA: MG National Rural Employment Guarantee Act

What is a Golden fibre? Is India rich in it? Why is it so significant for India to develop this sector? Read more details about the Golden fibre revolution in India. Jute is also referred to as Golden fibre due to its colour and high monetary value. Therefore Golden fibre revolution is related to … [Read more...] about Golden Fibre Revolution

Recently, LIC filed it's Draft Red Herring Prospectus(DRHP) for mega Initial Public Offerings with the SEBI. What is an IPO? Who can invest in this? Read further to know about IPO. We all know that LIC is fully owned by the government, and also has the biggest share in India's insurance … [Read more...] about Initial Public Offering: Shares to the Public for Trading

The Reserve Bank of India (RBI) has released the first set of regulations for digital lending in an effort to rein in players that engage in illicit activity. Digital Lending is an automated and remote lending procedure that heavily relies on seamless digital technology for customer acquisition, … [Read more...] about Digital Lending: What are the RBI Guidelines?

India's coal sector plays a critical role in the country’s energy ecosystem, given its large domestic reserves and the energy demand from a growing economy. Despite doing good in technology, health, and educational front, India is still facing challenges in the power sector. Power cuts on account of … [Read more...] about Coal Sector in India

Under the terms of the Bretton Woods Agreement, also known as the United Nations Monetary and Financial Conference, the World Bank and International Monetary Fund (IMF) were established simultaneously. In December 1945, both organizations were formally established. The World Bank and … [Read more...] about World Bank (WB)

Economic Reforms of 1991 in India refer to the opening of the country's economy to the rest of the world with the intention of increasing the role of the private sector and foreign investment. Economic Reforms of 1991 brought in LGP Reforms in India. Liberalization entails the removal of … [Read more...] about Economic Reforms of 1991 (LPG Reforms)