Finance

Rising Women’s Workforce Participation in India

December 13, 2024

India has witnessed a notable increase in women’s participation in the workforce, particularly in rural regions, from 2017 to 2023. Government initiatives have played an important role in this development. The Economic Advisory Council to the Prime Minister conducted a ..

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Banking System Liquidity Tightens Ahead of Tax Payments

December 13, 2024

Liquidity in the banking system is tightening as mid-month payments for GST and advance taxes approach, which has led to increased demand for funds at the Reserve Bank of India’s (RBI) variable rate repo (VRR) auction. The recent VRR auction ..

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India’s Economic Growth Forecast for 2024

December 12, 2024

The Reserve Bank of India (RBI) has recently revised its growth forecast for 2024-25 and estimate stands at 6.6%. In contrast, S&P Global maintains a slightly higher projection of 6.8%, marking differing perspectives on India’s economic trajectory. Current Economic Landscape ..

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Consumer Confidence Survey(CCS)

December 12, 2024

The Reserve Bank of India (RBI) conducted a survey, Consumer Confidence Survey, from November 2-11, 2024, indicating concerns about the economy, employment, income, and spending. Expectations for rising inflation further contribute to this sentiment. Survey Overview The RBI’s survey gathered ..

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PM POSHAN Scheme – Updates for 2024

December 12, 2024

The PM POSHAN Scheme supports millions of students and provides hot cooked meals daily to 11.7 crore children, which includes students in Balvatika and grades I to VIII. The scheme operates in 10.24 lakh government and aided schools and its ..

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India Achieves Total Fertility Rate of 2.0

December 11, 2024

India has reached a Total Fertility Rate (TFR) of 2.0, which aligns with the goals of the National Population Policy 2000 and the National Health Policy 2017  and the TFR target was set at 2.1. The Union Minister of State ..

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RBI Releases Handbook of Statistics on Indian States 2023-24

December 11, 2024

The Reserve Bank of India has published the latest edition of the Handbook of Statistics on Indian States for 2023-24, which presents crucial data on the regional economies of India. It includes vital information about demographics, health, and economic indicators. ..

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PM Surya Ghar Muft Bijli Yojana

December 10, 2024

The PM Surya Ghar Muft Bijli Yojana (PMSGMBY) launched on February 15, 2024, has a budget of ₹75,021 crore, which aims to establish 10 million rooftop solar plants by March 2027. The scheme has already seen over 638,000 installations, generating ..

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