Economy Booster

                       Role of Foreign Capital and Multinational companies in                         Industrial development of India   The development of any society or country without economic development is a myth. Economic development brings prosperity which in turns is directly proportional to the amount of goods and services produced quantitatively or in broad sense … Read more

 Social Welfare Programmes of India Social Welfare sector is responsible for the welfare, rehabilitation and development of the Persons with Disabilities, the Social Deviants, and the Other Disadvantaged who require special attention of the State because of the disabilities and vulnerabilities they suffer from. While there is no information about the size of … Read more

 Fisheries: ‘Fisheries’ sector is becoming a subsector of Primary sector with consistently increasing contribution to the state economy. The state government envisages development in fisheries sector with a multi pronged strategy with essential focus on increasing fish production and thereby ensure sustainable development. Development of fisheries through effective value chain and boosting exports, … Read more

 Indian Institute of Management The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation … Read more

 Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The National Investment & Manufacturing Zones (NIMZs) are an important instrumentality of the manufacturing policy. The NIMZs are … 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 … Read more

 Basic characteristics of Indian Economy as a developing economy Low per capita income:   In India, the national income and per capita income is very low and it is considered as one of the basic features of underdevelopment. As per World Bank estimates, the per capita income of India stood at only $ … Read more

 SKILL DEVELOPMENT Introduction India is passing through the phase of demographic transition which could be the biggest opportunity or the biggest concern of the country depending upon the utilization of its huge work force. India adds 12 million people to its workforce annually, but very few have any formal skill training. Today, less … Read more

 Basic characteristics of Indian Economy as a developing economy Low per capita income:   In India, the national income and per capita income is very low and it is considered as one of the basic features of underdevelopment. As per World Bank estimates, the per capita income of India stood at only $ … Read more

 Governmental and Voluntary Institution engaged in development of manpower NCERT The National Council of Educational Research and Training (NCERT) is an autonomous organisation set up in 1961 by the Government of India to assist and advise the Central and State Governments on policies and programmes for qualitative improvement in school education. The major … Read more