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Showing posts with the label Sectoral Shifts: Unveiling the Impact of Agriculture

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

📉 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...

Sectoral Shifts: Unveiling the Impact of Agriculture, Industry, and Trade Reforms in India

  Introduction: India's journey towards economic development has been shaped by significant sectoral shifts, particularly in agriculture, industry, and trade. In this post, we'll explore the transformative reforms undertaken in each sector, their impact on the economy, and the challenges and opportunities they present. Agricultural Reforms: Nurturing Growth and Sustainability Green Revolution: The introduction of high-yielding varieties of seeds, modern irrigation techniques, and fertilizers in the 1960s ushered in the Green Revolution, dramatically increasing agricultural productivity and output. Subsequent Reforms: In recent years, efforts have been made to modernize agriculture further through measures such as the National Agricultural Policy, investment in rural infrastructure, and promotion of agricultural diversification. Challenges: Despite progress, challenges such as fragmented landholdings, water scarcity, and vulnerability to climate change persist, highlighting t...