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Political Economy: Concept, Evolution, Thinkers, and Its Relevance to India
Introduction Political economy is one of the most powerful and interdisciplinary concepts in social sciences. It connects economics and politics, explaining how power, governance, institutions, and policies influence economic outcomes—and vice versa. In simple terms, political economy helps us understand who gets what, when, and how in a society. It examines how laws, political decisions,…
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Trump Calls India a ‘Dead Economy’—Here’s Why the Data Proves Him Wrong
Context: Trump’s “Dead Economy” Comment U.S. President Donald Trump labelled India and Russia a “dead economy” on July 31, 2025, alongside announcing new 25% tariffs on Indian imports—citing high tariffs and India’s ties with Russia in energy and defence. The Indian government—including Commerce Minister Piyush Goyal—and commentators swiftly rejected this, highlighting India’s status as “fastest‑growing” major economy…
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