India as the world’s 5th largest economy

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.
climate change

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.
Moonlighting

Moonlighting

Moonlighting can help in upskilling. A few people want to learn new skills apart from what they are working on in their primary job. This can help them in developing expertise in their field. Some might get bored with monotonous jobs and hence take up second jobs to learn new skills and thereby make their days exciting.
Impact of 5G on Global economy

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.
creator economy

Creator economy

The 'creator economy' or 'influencer economy' refers to the economy built by content creators with the help of technology. Many platforms including YouTube, Instagram, and TikTok allow creators to earn money by sharing creative content.