Understanding USAID and Its Role in Global Development The United States Agency for International Development (USAID) is a critical entity in global development, aimed at advancing economic development, democracy, and human rights around the world. Over the years, USAID has been involved in providing financial aid, expertise, and resources to developing countries to improve health, education, governance, and other critical sectors. 1. What Does USAID Do? USAID is responsible for providing foreign aid to promote sustainable development, improve living standards, and assist in humanitarian crises. It focuses on a wide range of issues such as poverty alleviation, disaster relief, health initiatives (including combating HIV/AIDS), and education . Additionally, USAID supports programs aimed at building good governance and promoting economic growth in countries around the world. 2. USAID Budget and how it's allocated around the world USAID’s budget is allocated to various progr...
Why budget of 2025 is a 'Make' or 'Break' budget for India ? A deep dive why India's economy is suffering and its solutions
Why 2025 Budget is a "Make or Break" moment for India India is taking a significant turn as it prepares for the Union budget in 2025. The country's economic scenario includes high taxes, populist politics, and a government that often prioritizes choice success over meaningful governance. These factors raise an important question: Will the budget in 2025 put India on the road to long-term economic development, or will it elaborate on the existing challenges? Citizens have set high expectations over this budget especially working class and small to medium size business owners as they are the ones who get scrutinised the most due to high taxation and indirect taxation like GST ( goods and service tax). As the Fast-growing economy tends to slow its growth from 8.4 % to 6.3% India's aspiration to become develop the economy by 2047 seems a difficult task to achieve. to mark this milestone India needs at least Two decades of growth around 8% to 9% only then it will be able ...