This article is mainly focused on subsidies on food and fertilizers.
The crux of the article is
India has achieved a remarkable reduction in extreme poverty, plummeting from 27% in 2011 (PPP) to approximately 5% by 2022, primarily due to initiatives like PM-KISAN and providing free food to 80 crore people. This period also saw robust GDP growth and a significant rise in per capita income. Looking ahead, India is committed to rationalizing crucial food and fertilizer subsidies (estimated at ₹2.05 Lakh Crore and ₹1.64 Lakh Crore respectively for FY 2024-25) to ensure effective, leakage-proof implementation. This comprehensive approach underscores India's successful stride towards inclusive economic development.
Important for GS 3
Inclusive growth, subsidy.
The crux of the article is
India has achieved a remarkable reduction in extreme poverty, plummeting from 27% in 2011 (PPP) to approximately 5% by 2022, primarily due to initiatives like PM-KISAN and providing free food to 80 crore people. This period also saw robust GDP growth and a significant rise in per capita income. Looking ahead, India is committed to rationalizing crucial food and fertilizer subsidies (estimated at ₹2.05 Lakh Crore and ₹1.64 Lakh Crore respectively for FY 2024-25) to ensure effective, leakage-proof implementation. This comprehensive approach underscores India's successful stride towards inclusive economic development.
Important for GS 3
Inclusive growth, subsidy.
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Article on balance between Monetary policy of RBI and Fiscal policy of central government.
Both are equally important for growth, demand and employment generation..
However, it is seen that (from SBI report) the credit growth has fallen and unemployment has increased.
What are your opinion on balance between growth as well as controlling inflation ?
#upsc
Gs 3
Inflation
Growth
Employment
Gs2
Government policy
Both are equally important for growth, demand and employment generation..
However, it is seen that (from SBI report) the credit growth has fallen and unemployment has increased.
What are your opinion on balance between growth as well as controlling inflation ?
#upsc
Gs 3
Inflation
Growth
Employment
Gs2
Government policy
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According to Bain & Company, India's AI sector is projected to require approximately 2.3 million workers by 2027, while the available AI talent pool is expected to grow by only 1.2 million. A similar talent gap is anticipated in China. This suggests that AI will likely generate more jobs than it displaces, necessitating efforts to bridge the significant demand-supply disparity in the talent pool.
@upscewithkunal
@upscewithkunal
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Forwarded from UPSC & MPSC Preparation with Kunal
बेन अँड कंपनीच्या मते, २०२७ पर्यंत भारताच्या एआय (AI) क्षेत्राला अंदाजे २.३ दशलक्ष कर्मचाऱ्यांची आवश्यकता असेल, तर उपलब्ध एआय प्रतिभावान मनुष्यबळ केवळ १.२ दशलक्षांपर्यंत वाढण्याची अपेक्षा आहे. अशीच प्रतिभावान कर्मचाऱ्यांची (टॅलेंट गॅप) चीनमध्येही अपेक्षित आहे. यावरून असे सूचित होते की एआयमुळे (AI) नोकऱ्या कमी होण्याऐवजी अधिक नोकऱ्या निर्माण होतील, ज्यामुळे प्रतिभावान मनुष्यबळातील मागणी-पुरवठ्यातील लक्षणीय तफावत दूर करण्यासाठी प्रयत्न करणे आवश्यक आहे.
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For Maharashtra State Public service commision aspirants, you may join my marathi channel related to MPSC
नमस्कार मित्र आणि मैत्रिणींनो हे चॅनेल राज्यसेवा परिक्षेकरीता बनविले आहे.
https://t.me/mpscwithkunal
https://t.me/mpscwithkunal
Telegram
UPSC & MPSC Preparation with Kunal
नमस्कार मित्र आणि मैत्रिणींनो हे चॅनेल राज्यसेवा परिक्षेकरीता बनविले आहे.
Rare earth elements are central to the Fourth Industrial Revolution and are crucial for industries such as batteries, automobiles, wind turbines, and defense. China currently dominates both rare earth reserves and refining capabilities. India also has a National Critical Minerals Mission to achieve self reliance in Critical minerals.
This article is highly relevant for GS3.
This article is highly relevant for GS3.
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यह चैनल यूपीएससी परीक्षा का हिंदी माध्यम से पढ़ाई करने वाले अभ्यर्थियों के लिए बनाया गया है।
https://t.me/upscwithkunalhindi
https://t.me/upscwithkunalhindi
Telegram
UPSC (हिंदी)
यह चैनल यूपीएससी परीक्षा का हिंदी माध्यम से पढ़ाई करने वाले अभ्यर्थियों के लिए बनाया गया है।
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