Economic Growth  

India's tobacco and alcohol consumption has increased in urban and rural areas in the last decade according to Household Consumption Expenditure Survey 2022-23. Simultaneously, the expenditure on education has declined in both areas and increased in beverages and processed food.

India is one of the fastest growing economies in the world and technology is a major driver of its economic growth. Technology is being used in various ways including transforming agriculture, improving healthcare, and creating jobs. It is also helping to improve the quality of lives in India through improving communication, education, and other services.

India's labour force of more than 507 million people continues to face challenges in 2020 due to the pandemic, globalisation, large-scale unemployment, and crumbling infrastructure. The government must be proactive to provide employment opportunities for a strengthened workforce and support the nation’s economic growth.

The Indian economy is seeing a rapid shift towards automation and digitalization. With technological advancements, automation has not only enabled faster production of goods but has also created new opportunities for employment in the IT sector. Automation helped India to become one of the leading countries in the world in terms of technology and is expected to boost economic growth in the coming years.

India's middle class is estimated to have grown dramatically over the last few decades, with many families moving from poverty to the middle class. This rise has been aided by policies set forth by the government to ensure that people have access to the resources they need to make the necessary changes to their lifestyle.

India’s economy, which had been hit hard by the Covid-19 pandemic, is moving on the path  of growth 

 'It is an honour to dedicate the 450-km pipeline to the nation. This is an important day for India, especially for people of Karnataka and Kerala. These two states are being connected by a natural gas pipeline,' PM Modi said as he inaugurated the natural gas pipeline via video conferencing

The StartupIndia initiative is an effort to boost entrepreneurship, economic growth and employment across India

Prime Minister emphasised that to fulfill the dream$ 5 trillion economy the government is focussing on village and city infrastructure, MSMEs, textiles, technology and tourism. Several steps have been taken to take all these sectors forward. All the processes including tax structure have been simplified to give momentum to Make in India.

The Central Government has notified the structure of the National Startup Advisory Council to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.

The Organisation for Economic Co-operation and Development (OECD) on 21st November slightly cut India’s economic growth forecast for 2019 to 5.8% but said it would pick up to 6.2% in 2020 and further to 6.4% in 2021. Paris-based OECD said private investment would bounce back as capacity utilisation rises and the cost of borrowing for the corporate sector declines. According to OECD India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit, and non-performing loans. ​​​​​​​

Prime Minister Narendra Modi will be in Brazil for two days to participate in the 11th BRICS summit alongside leaders from Russia, China and South Africa. The theme for this year's summit is 'Economic growth for an innovative future' and this is the sixth time that PM Modi will be participating. A large business delegation from India is also expected to be present during the visit.
 

Prime Minister Narendra Modi will be in Brazil for two days to attend the 11th BRICS summit. The theme for this year's summit is 'Economic growth for an innovative future' and this is the sixth time that PM Modi will be participating. A large business delegation from India is also expected to be present during the visit.
 

All thanks to unemployment and sluggish economic growth, the International Monetary Fund (IMF) says it is giving rise to massive protests in Arab countries 

NITI Aayog vice chairman Rajiv Kumar  stated that he was confident that India will achieve economic growth of 8% in 2020-21. During his visit, he delivered the keynote address at the 'India Investment Seminar' held at the Consulate General of India, New York.