Focus areas of Economic Survey 2020-21

Source- The Indian Express Syllabus- GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development, and employment. Synopsis – The Economic Survey 2020-21 outlines the status of various sectors of the economy.  Introduction- The government presented Economic survey 2020-21 of India in the Parliament. The Economic survey provides a summary of the… Continue reading Focus areas of Economic Survey 2020-21

India’s Sovereign Ratings don’t reflect its fundamentals

Source: Indian Express, The Hindu Gs3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Synopsis: The Economic Survey 2020-21 concludes that sovereign credit ratings are biased, and they do not reflect the Indian economy’s fundamentals. Background: Currently, India’s sovereign rating is rated under a very low investment grade. Though it… Continue reading India’s Sovereign Ratings don’t reflect its fundamentals

Growth with inequality in economic survey

Source: The Hindu Syllabus: GS – 2 ; Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes Synopsis: It looks like the Economic Survey focuses on wealth creation instead of reduction of income disparity. Introduction The Economic Survey for 2020-21 reviews the developments in the… Continue reading Growth with inequality in economic survey