Context: Excessive Financialisation and Its Risks to Indias Economy: The Economic Survey 202425 throws up a red flag on financialisation and risks it poses for the economy against the backdrop of the changes going on in the Indian financial sector. What is Financialisation New Developments Credit-to-GDP Ratio and Bank Credit Growth Risks from Artificial Intelligence (AI) in Banking Reforms Needed for Growth and Stability Foreign Direct Investment (FDI) in Services
Private Consumption Trends: Rural Demand Boosts, Urban Growth Slows
Context: The Economic Survey 2024-25 throws up contrasting trends in private consumption expenditure with rural demand showing robust growth while urban demand presents mixed signals. Growth in Rural Consumption Mixed Signals from Urban Demand Narrowing Urban-Rural Consumption Gap Growth Projections for FY25 Investment and Economic Outlook
India’s Fiscal Deficit
Context: The fiscal deficit the gap between government expenditure and revenue—stood at ₹9.14 lakh crore at the end of December 2024, 56.7% of the full-year target. This is slightly higher than 55% in the same period last year. Fiscal Deficit Trends Revenue and Expenditure Performance Tax Revenue (Net) Total Expenditure Fiscal Management Strategy
Economic Survey 2024-25: Sustainable Agriculture
Context: Economic Survey 2024-25: Sustainable Agriculture for a Sustainable Farm Sector in India Fostering agricultural growth climate resilience and policy reforms. Steady Farm Growth Agriculture CAGR in Value Output 2011-2022 Policy Reforms for Balanced Crop Production Climate Change Agricultural Productivity Risks 4. Irrigation & Water Efficiency Solutions Extreme Weather Food Inflation Investment in ClimateResilient Agriculture
India’s Tiger Population
Context: A study published in Science, led by Yadvendradev Jhala and colleagues, found that India’s tiger population has grown by 30% over the past two decades. Key Findings Conservation Strategies Legislative and Socio-Economic Influences Challenges and Unexplored Habitats Government Data and Tiger Numbers
Mukhyamantri Maiya Samman Yojana
Context: The Mukhyamantri Maiya Samman Yojana, the flagship scheme of the Jharkhand Mukti Morcha (JMM)-led coalition government in the State that provides monthly aid to women in the 18 to 50 age group, has run into rough weather with 11,200 fake applications being detected in Bokaro district. Scheme Overview
AI and Its Impact on the Workforce
Context: The Economic Survey 2024-25 emphasizes the threat of Artificial Intelligence (AI) in the workplace and calls for proactive measures to prepare workers for the social and economic impacts of job automation. Both the government and private sector must collaborate to introduce AI efficiently. Role of the Government and the Private Sector in AI Adoption Teamwork for Inclusive Transformation AI related Job Losses Social Acceptability and Transparency Narrowing the Gender Gap with Digital Economy Challenges and Opportunities
Reviving Export Competitiveness of India
Context: The economic body in Economic Survey 2024-25 demands a “new strategic trade roadmap” to revive the export competitiveness of India in this scenario of turbulence across the global front, new protectionism emerging everywhere, and the dynamics of trade changing quite dramatically. Challenges to export competitiveness: Quality and Efficiency. FDI Trends Dependency on China Evolution of India’s Tariff Policies
Economic Survey 2024-25: Public-Private Partnerships in Infrastructure Projects
Context: In infrastructure projects the Economic Survey 2024-25 underlines the requirement of full acceptance of publicprivate partnerships (PPPs) in infrastructure projects to address unmet demands and push forward development in crucial sectors. Requirement for Enhanced Private Sector Involvement Coordinated Approach to Infrastructure Development Developing Infrastructure Investment Public Sector Limitations Problems in PPPs and Infrastructure Development
India’s Services Sector Growth and Transformation
Context: India’s services sector has emerged as the backbone of the economy and significantly contributes to the overall gross value added (GVA). The Economic Survey 2024-25 spells out strategies for boosting the sector. Contribution to Economic Output Sectoral Trends and Challenges Value-added by Skilled Manpower Regulatory Reforms Growing role of Global Capability Centres (GCCs) Share of India in Global Services Exports
