Rikki Das
I'm an economics student. I write on the subjects of current issues, Indian economics, world economics, social issues, and the financial markets. Feel free to contact me to share your opinions about my articles, and if you want me to write on a topic of your choice, let me know.
Articles By This Author
India as the world’s 5th largest economy
It is a proud moment for all Indians that our country has grown to become the 5th largest economy in the world. However, it’s equally crucial to keep a check on whether the poor are benefiting from a growing economy. India’s development in the future will be a result of how successfully it handles the present challenges as well as how well-equipped it is to handle those that will arise in the future.
Effect of Climate Change on Indian Economy
Climate change can make weather patterns less predictable. Farmers’ decisions regarding what crops to plant and when to grow them are impacted by uncertainty about monsoonal changes, which lowers productivity. Work hours are cut in industries like construction that need a lot of outside activity due to climate change. Days with severe heat or floods tend to have reduced labour productivity, which lowers industrial yields, lowers exports and lowers national income.
INS Vikrant
India commissioned its first indigenously designed and built aircraft carrier, INS Vikrant, on 2nd September 2022. It has strengthened India’s naval power and is seen as a huge win for Aatmanirbhar Bharat.
Neo-banks vs Traditional banks
Neo banks operate exclusively online without traditional physical branch networks. They provide digital and mobile-first financial solutions such as payments, money transfers, money loans, and more. Jupiter, Fi Money, and Niyo are some of the top neo banks in India.
5G in India
The government of India announced that 5G services will be launched in India by October 12, 2022, and further stated that the goal is to make services accessible to all areas of the nation within the next few years while also keeping them affordable.
