Growth Development and Employment

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India Development Report: World Bank

India Development Report: World Bank In its "Navigating the Storm" India Development Report, the World Bank (WB) revised its estimate of 6.9% growth for India's economy in 2022–2023. India's GDP (Gross Domestic Product) growth forecast was lowered by the World Bank in October 2022 from 7.5% to 6.5%. Which points stand out the most? Growth Projection: The Bank predicts that the Indian economy will expand at a slightly slower 6.6% rate in 2023–2

Circular Economy

Circular Economy As part of its initiative to promote sustainability, the United Nations Development Programme (UNDP) initiated a campaign to develop an inclusive circular economy. Important aspects of the campaign: To create a sustainable paradigm for plastic waste management in India, the project is an expansion of an already-existing cooperation under UNDP's flagship Plastic Waste Management Programme. Managing plastic trash from beginning to finish by encouraging:

Steps taken to promote Digitalisation

Digital India- In 2015, it was launched to improve online infrastructure and increase internet accessibility among citizens. Unified Payment Interface-It is a system that powers multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing & merchant payments into one hood. Bhasini- It is an AI powered language translation platform which will support digital inclusion in India's diverse languages. Udyam portal- It provides regis

India's 1st urban ropeway project

India’s 1st urban ropeway project in Shimla will begin in September 2024 and is expected to be completed by 2029. It is the world’s second longest, after La Paz in Bolivia.

Strategy for India's Future Growth

India’s future growth strategy needs to be calibrated in view of the changing global conditions. India’s growth projections India’s growth in 2023-24 is currently projected by the Reserve Bank of India at 7%. International Monetary Fund (IMF) and the World Bank have pegged it at 6.3%. India is likely to realise the RBI’s currently projected growth of 7% in this fiscal year. In the medium term, the

TechSaksham Program

It is a top-up program that uses experiential learning to develop employability skills amongst underserved female students pursuing higher education. Introduced by - All India Council for Technical Education (AICTE). This program will be delivered in a blended mode - a) instructor led face to face workshops/ classrooms and project work, and b) self-paced online learning modules.

Talabira power project

The NLC Talabira Thermal Power Project is a 2,400 MW coal-based thermal power plant in Odisha. The project is a Non-National Infrastructure Pipeline (NIP) Central PSU Electricity Generation project. It will be an ultra-super critical thermal plant. The 2,400 MW is to be shared by Tamil Nadu 1,500 MW, Puducherry 100 MW, Karnataka 400 MW and Odisha 400 MW.

Inland Waterways Development Council (IWDC)

Harit Nauka guidelines and the River Cruise Tourism Roadmap 2047 were launched at the recently held inaugural Inland Waterways Development Council (IWDC) in Kolkata. IWDC – It is hosted by the Inland Waterways Authority of India. Establishment in – 2023 Objectives – For comprehensive development of inland waterways and associated ecosystems with improved cargo efficiency, passenger movement, and river cruise tourism, with active partic