Author: Tatvita Analysts
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Bounce Back of Indian Industry Post-Pandemic
The pandemic that started in 2019 took a toll on all economies. A series of lockdowns adversely affected production levels of the industry. In 2022, it can be observed that the industrial sector in India is coming back to pre-COVID levels. How can we say this? This can be understood through the data published by…
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Circular Flow of Investment to Leverage Africa’s Potential for Oil Trade
The Russia-Ukraine crisis has opened up the floor for discussions regarding Africa’s trade potential for oil and can use this opportunity to expand it. Majorly there are two views about it, first is the opinion that these nations can do it by exploring more options of facilitation, and the second opinion is that they would…
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Revisiting Lilavati for Interdisciplinary & Inclusive Education in STEAM
In the 21st century, when we are stressing on the educational approach called STEAM (Science, Technology, Engineering, Applied Arts and Mathematics) for women, in ancient India, there was already a particular mathematics book written addressing women and promoting their education in mathematics. One of the rich texts written in Sanskrit around 1150 A.D. was ‘Siddhant…
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Online Databases Available Pertaining to Aspects of the Indian Economy
Data or information or input, anything you may call it, are the absolute prerequisites before taking any decision, be it related to a business or an economy. Unavailability of the same leads to misinformed decisions which fail to reach targets. Therefore, data plays an extremely important role in research, and for further steps of improvement.…
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Need for a Nation-wide Survey of Occupation: To Skill and Secure India’s Labour Market
Given India’s pandemic-hit labour market trying to adjust to new normal phenomena and its desire to utilise the workforce for boosting the manufacturing sector, both require in-depth understanding of prevailing and new occupations in the market. For this, the Government of India should initiate a survey and reframe the National Classification of Occupation (NCO) for…
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Pooling & Growing Together is the Aim of India & UAE Trade Agreement
India and the United Arab Emirates (UAE) on 18th February 2022 signed a Comprehensive Economic Partnership Agreement (CEPA). It is set to reduce tariffs for 80% of goods and give zero-duty access to 90% of India’s exports to the UAE. The agreement covers areas including goods, services, rule of origin, customs procedures, government procurement, intellectual…
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Fiscal Deficit in Indian Budgets
The fiscal deficit in 2022-23 is estimated at 6.4% of GDP, which is consistent with the broad path of fiscal consolidation to reach a fiscal deficit level below 4.5% by 2025-26. The fiscal deficit of the government for 2022-23 is estimated to be Rs 1661196 crore. The Revised Estimates for 2021-22 indicate a fiscal deficit of…
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Quick Overview of the Unchanged Monetary Policy
The monetary policy committee (MPC) meeting happened from 8th-10th February 2022 of six members headed by the Reserve Bank of India (RBI) governor Shaktikanta Das. RBI kept repo rate, reverse repo rate and the bank rate, the benchmark rates of policy unchanged 10th time in a row at 4% continuing with the accommodative stance. Repo…
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Highlights from the presidential election of Chile & changes would bring to the World
Whatever happens around us, be it in the economy, or in socio-political spheres, and the international arena has a large influence on our thoughts and lives. Recently, Chile, a Latin American nation had its Presidential elections and it has elected Chile’s youngest President, Gabriel Boric, of 35 years old. He is the second millennial to…
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Who is called Unemployed in India?
When the Budget of the Government of India for the fiscal year 2022-23 was announced, a job crisis was looming in the economy. The overall unemployment rate of India as of 28th January 2022 was 6.7%, for urban India it was 8.3%, and for rural India, it was 6 percent, as per the data published by…