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Economy

India's Corporate Scaling Challenge: Need for Global Giants in High-Margin Sectors

Indian Express - OpinionPrelims · EconomyMains · GS3 Economy

India's corporate sector shows progress with firms like Amul and RIL achieving significant revenue milestones, but lags in creating globally dominant, innovation-led companies, highlighting structural gaps in R&D, global market penetration, and sectoral profit concentration.

  • Amul became India's first FMCG firm to hit a turnover of Rs 1 trillion, while RIL became the first Indian company to cross $10 billion in profits, marking a watershed moment for the Indian corporate sector.
  • India has 35 companies with a turnover of over Rs 1 trillion in FY25, but only one has crossed $10 billion in profits, compared to dozens in the US, China, and Japan, indicating a gap in profitability and global competitiveness.
  • Large firms are crucial for productivity and innovation, as they spread fixed costs like R&D and compliance across vast output, driving down unit costs and raising efficiency, which is essential for global competitiveness.

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Polity & GovernanceGS2

Constitutional Validity of PM SHRI MoU Challenged Under Article 299

The Hindu - OpinionPrelims · PolityMains · GS2 Polity and constitution

The Kerala UDF government's stance on PM SHRI scheme MoU faces constitutional scrutiny as it violates Article 299's mandate for contracts to be executed in the name of the Governor/President, raising questions about federal governance and executive accountability.

International RelationsGS2

JCPOA Nuclear Deal: Lessons for International Diplomacy and Non-Proliferation

Indian Express - ExplainedPrelims · International relationsMains · GS2 International relations

The 2015 Joint Comprehensive Plan of Action (JCPOA) between Iran and P5+1 nations imposed strict nuclear program restrictions in exchange for sanctions relief, serving as a critical case study in non-proliferation diplomacy and multilateral negotiation frameworks.

EconomyGS3