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
RBI’s Green Bond Auction and USD-INR Swap
Context: The Reserve Bank of India (RBI) partially auctioned the 10 year sovereign green bonds worth 3,945 crore to primary dealers with an objective to get a greenium or premium pricing for green bonds. The 5 billion USD-INR swap auction however witnessed five times the bids as there is still a huge demand for dollar liquidity. 10-Year Green Bond Auction Partial Devolution USD-INR Swap Auction Strong Demand Rupee and Bond Market Action
Economic Survey 2024-25: Strategy for Climate Action and Fossil Fuel Investments
Context: The Economic Survey 202425 advocates a dual strategy of climate action along with continued fossil fuel investments for achieving energy security warns against overreliance on China for renewable energy components while calling for indigenous clean energy development and public transport over private EVs. Fossil Fuels Necessary for Energy Security India Should Avoid Dependence on China for Transitioning to Low Carbon India’s Climate Commitments Financial Challenges Public Transport Over Private EVs Evolution of Challenges in Adoption
Economic Survey 2024-25: Social Sector Expenditure (SSE)
Context: The Economic Survey 2024-25 presents a positive side to the fact that greater social sector expenditure has resulted in reduced healthcare expenditure increased education enrollment and achievement of health standards at par with the global ones. Social Sector includes expenditure on General Education, Technical Education, Sports and Youth Services, Arts and Culture, Medical and Public Health, Family Welfare, Water Supply and Sanitation, Housing, Urban Development, Information & Publicity, Broadcasting, Welfare of SC, ST and OBC, Labour and Employment etc. Growth in Social Sector Expenditure (SSE) Out of Pocket Spending (OOPE) on Healthcare Has Declined Higher School Enrolments Lower Dropout Rates Policy Recommendations for Balanced Growth
Economic Survey 2024-25
Context: The Economic Survey 2024-25 presented to the Parliament on the eve of the Union Budget highlights top economic priorities focused on deregulation business reforms and resilience at a time of global uncertainty. Key Highlights: Economic Growth Outlook Real GDP Growth FDI Inflows Inflation Manufacturing PMI Foreign Exchange Reserves Labour Market Indicators Trade Performance UPI Payments Global Trade Economic Uncertainty Ease of Doing Business 2.0 AI’s Impact on Jobs Structural Reforms Inclusive Growth Source: The Hindu
