Tag: Economy UPSC
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The Rise of Weather Derivatives in India: Managing Monsoon Risk Through Financial Innovation
Why Weather Risk Is Becoming an Economic Challenge India’s economy remains deeply dependent on the monsoon. From agriculture and food inflation to rural consumption and commodity markets, rainfall variability continues to influence multiple sectors of the economy. To address this growing uncertainty, the National Commodity and Derivatives Exchange (NCDEX) is set to launch India’s first…
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