Category: Economics
The Finance Commissions in India, known in the local language as Vitta Āyoga, get established periodically by the President under the Indian Constitution's Article 280. The purpose behind setting them...
Category: Economics
India's foreign exchange reserves are sums of money or other assets held by the country's central bank, the Reserve Bank of India (RBI), in international currencies like dollars, euros, or yen. These ...
Category: Economics
Unorganised sector, also known as the informal or unregistered sector, is an essential part of the Indian economy. This part of the economy is defined by the National Commission for Enterprises in the...
Category: Economics
COVID-19 had a substantial impact on the Indian economy, with profound hardships faced especially by migrant workers. They had a difficult time as workplaces were shut down due to the nationwide lockd...
Category: Economics
Post India's independence in 1947, the economy of South India was shaped by following a socialist model. In line with this, the government exercised strict control over private sector involvement, for...
Category: Economics
Gujarat, one of India's leading states, claims a significant stake in the national pharmaceutical industry. Having the highest percentage share in the production and export of drugs in India, Gujarat ...
Category: Economics
Financial regulation is a critical aspect of any thriving economy, especially in India where it ensures the stability, integrity, and sustainability of its vast financial system. It involves implement...
Category: Economics
Monetary policy is the method used by the financial authority of a country to control how much money is in the economy. This is generally handled by the central bank. ### Role of RBI in Indian Monet...
Category: Economics
Remittances to India refer to financial transfers by Indian citizens working abroad (known as Non-Resident Indians or NRIs) to families, friends, or relatives living in India. These funds and their mo...
Category: Economics
The Economic Advisory Council to the Prime Minister of India (PMEAC) is a key advisory body set up to provide economic guidance and support to the Government of India. This council operates independen...