UPSC economics

DOES INDIA NEED ANOTHER WAVE OF ECONOMIC REFORMS LIKE 1991?

Triggered by West Asian geopolitical shocks, India’s 2026 economic landscape necessitates urgent structural reforms. The Union Budget 2026-27 and 16th Finance Commission emphasize fiscal consolidation, demanding the rationalization of heavy, environmentally damaging food and fertilizer subsidies.

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PERIODIC LABOUR FORCE SURVEY APRIL 2026: KEY FINDINGS

The PLFS April 2026 bulletin by MoSPI indicates a steady national unemployment rate of 5.2%. Urban joblessness marginally eased to 6.6%, while rural unemployment rose to 4.6%. The data provides vital insights into India’s shifting labour force participation dynamics.

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FARMER SUICIDES IN INDIA: NCRB REPORT

India's agrarian crisis is driven by severe rural indebtedness, erratic climate change, and unstable markets. Despite government schemes, farmer suicides persist, disproportionately impacting marginalized groups and women farmers. Making Minimum Support Price (MSP) a legal right remains fiercely debated.

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