#GS_3
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
@prep4upsc
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
@prep4upsc
#GS_3
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
#Economy #GDP #Recession
Read what is recession. The country has now entered a technical recession with two successive quarters of negative growth. From the mains perspective, you should analyse that what were the long term and short term cause for this GDP contraction.
#GS_3
#Economy #GDP #Recession
After shrinking in the previous two quarters, India's economy expanded by a marginal 0.4 percent in the October-December quarter as national and regional lockdowns were lifted and normal economic activity slowly resumed.
Recent estimates by multilateral agencies and economists have pointed to a rebound in the Indian economy. The International Monetary Fund (IMF) has also forecast India to be one of the fastest growing major economies in the world in 2021-22 as growth momentum gathers pace. The rollout of the vaccination programme has added to the optimism, but the resurgence of the virus in some parts of the country has emerged as a risk factor. Read about it.
✅ Also Know
Recession- When a recessionary phase sustains for a considerable length of time.
Technical Recession- When a country faces a back-to-back decline (for two consecutive quarters) in the GDP.
#Economy #GDP #Recession
After shrinking in the previous two quarters, India's economy expanded by a marginal 0.4 percent in the October-December quarter as national and regional lockdowns were lifted and normal economic activity slowly resumed.
Recent estimates by multilateral agencies and economists have pointed to a rebound in the Indian economy. The International Monetary Fund (IMF) has also forecast India to be one of the fastest growing major economies in the world in 2021-22 as growth momentum gathers pace. The rollout of the vaccination programme has added to the optimism, but the resurgence of the virus in some parts of the country has emerged as a risk factor. Read about it.
✅ Also Know
Recession- When a recessionary phase sustains for a considerable length of time.
Technical Recession- When a country faces a back-to-back decline (for two consecutive quarters) in the GDP.
#GS_3
#Economy #GDP #Growth
The article suggests that the Indian economy must grow to create more incomes for its billion-plus citizens. Until the incomes of all rise, India will be a poor country from the perspective of the majority of its citizens, no matter how large its GDP. Moreover, economic growth must no longer be at the cost of the environment. Important article.
@prep4upsc
#Economy #GDP #Growth
The article suggests that the Indian economy must grow to create more incomes for its billion-plus citizens. Until the incomes of all rise, India will be a poor country from the perspective of the majority of its citizens, no matter how large its GDP. Moreover, economic growth must no longer be at the cost of the environment. Important article.
@prep4upsc
#GS_3
#Economics #GDP #Reforms
🔹Read about Economic situation and ways to improve it.
🔹What is deregulation, trade-offs, strategic funding?
@prep4upsc
#Economics #GDP #Reforms
🔹Read about Economic situation and ways to improve it.
🔹What is deregulation, trade-offs, strategic funding?
@prep4upsc
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