Economy Booster

 Development of Industries:- Industrial Development in India during the British Rule:- 1. Subject Matter of Industrial Development 2. Early Efforts of Industrialization 3. Industries in the Inter-War Period (1919-38) 4. Industries during 1939-47 5. Reasons for Low Industrial Development in India.   Subject Matter of Industrial Development: Underdeveloped countries are greatly handicapped by shortage of capital … Read more

 Planning mechanism and experience in Panchayathi raj institutions Ever since India got freedom in 1947, efforts have been made to strengthen the panchayati raj system to create, in the rural people a sense of participation in the nation-building programme.   Article 40 under Directive Principles of State Policy of the Constitution directs the … Read more

   Iron and Steel Industry:   Pig Iron Pig iron is the intermediate product of smelting of iron ore with a high-carbon fuel such as coke and charcoal and is the basic raw material in Foundry and Casting Industry for the manufacture of various types of castings required for … Read more

 Effects of the policies of developed and developing countries on India’s interest Impact of globalization on india Globalization helps developing countries to deal with rest of the world increase their economic growth, solving the poverty problems in their country. In the past, developing countries were not able to tap on the world economy … Read more

Availability of Skilled Human Resources in India Skilling the youth is the new buzzword in the government, and all the experts agree that it clearly needs a more skilled approach to implement what has been drawn up in a policy paper. It was roughly a year ago the government rejigged the UPA’s Skill India policy … Read more

 Make-in India – Start- up and Stand-up programmes Make-in India Make in India is the government’s flagship campaign intended to boost the domestic manufacturing industry and attract foreign investors to invest into the Indian economy. The Indian Prime Minister, Mr. Narendra Modi first mentioned the keyphrase in his maiden Independence Day address from … Read more

 International Credit Ratings A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit … Read more

Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent fiscal policy. High fiscal deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to inflation, reduces … Read more

BOLT and BOT schemes Infrastructure is the word used to collectively refer to the facilities like roads, railways, bridges, manufacturing plants etc. A good infrastructure is a prerequisite for economic growth. The infrastructure development was taken up on a large scale during the last decade. The Government envisaged the nation wide infrastructure development through the … Read more

   OBJECTIVES OF SOCIAL LEGISLATION : Social legislation derives its inspiration from our constitution and has the following specific objectives: i)Removal of discrimination on the grounds of sex, religion, caste, class etc. and promotion of equality to all. ii)Safeguard the rights of the weaker section such as women, children, elderly, widows, destitute and the … Read more