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Showing posts with the label Journey Through Time: India's Economic Landscape Post-Independence

U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook

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📉 U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook As 2025 unfolds, the U.S. economy is showing signs of strain amid a global slowdown and heightened trade barriers. Here's a detailed look at the latest forecasts and implications based on insights from the OECD, Federal Reserve, and key market indicators . 📊 1. U.S. Growth Forecast Downgraded by OECD The Organisation for Economic Co-operation and Development (OECD) has revised the U.S. GDP growth forecast for 2025 to 1.6% , down from 2.8% in 2024 . The forecast for 2026 remains muted at 1.5% , reflecting persistent uncertainty driven by: Elevated trade barriers Reduced consumer spending power Sluggish business investment 💸 2. Tariffs Fueling Inflation & Trade Costs The average U.S. tariff rate has climbed to 15.4% , the highest level since 1938 . These tariffs have raised import costs, which are now being passed on to consumers: Projected consumer price inflation is expected to rise to...
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Journey Through Time: India's Economic Landscape Post-Independence

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Introduction: As India celebrates decades of independence, it's pertinent to embark on a journey through time, tracing the evolution of its economic landscape since gaining freedom from colonial rule in 1947. From the early years of planned development to the era of liberalization and globalization, India's economic trajectory has been marked by notable milestones, challenges, and transformations. 1. The Nehruvian Era: The Foundation of Planned Development (1947-1991) Five-Year Plans: Following independence, India adopted a socialist economic model with a focus on state-led planning. The introduction of Five-Year Plans aimed to promote industrialization, agricultural development, and social welfare. Public Sector Dominance: The state played a central role in the economy, with extensive public sector enterprises operating in key industries such as steel, coal, and telecommunications. Mixed Results: While the planned development strategy achieved significant progress in areas ...
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