Tag Archives: Indian Economy

GS-3: Economy (Trade & Growth, Services Sector, AI Disruption) GS-2: International Relations (Tariff Policies, Global Trade) Key Highlights India’s Economic Momentum: Services PMI rose to 59 in February (from 56.5 in January), indicating strong sectoral growth. Manufacturing PMI fell to a 14-month low (56.3 in February), reflecting global slowdown concerns. …

Unemployment is defined as the condition of being without a job despite actively seeking employment and possessing the necessary qualifications, skills, and willingness to work. Types of Unemployment Frictional Unemployment: Temporary joblessness when individuals are between jobs or changing careers. Structural Unemployment: Occurs due to a mismatch between job seekers’ …