Notes and Study material for Exams
The Backbone of Economies: Exploring the Core Industries Core industries, often referred to as “basic industries” or “key industries,” play a pivotal role in shaping the economic landscape of nations. These industries are characterized by their significant contribution to a country’s GDP, employment, and overall economic growth. They serve as the foundation upon which other … Read more
The Index of Industrial Production: A Vital Gauge of Economic Health The Index of Industrial Production (IIP) is a crucial economic indicator that measures the output of manufacturing, mining, and utilities sectors in a country. It provides a snapshot of the overall health of the industrial sector, offering valuable insights into economic growth, inflation, and … Read more
Startup India: A Catalyst for Innovation and Entrepreneurship in India Introduction India, a nation teeming with youthful energy and a burgeoning middle class, is witnessing a surge in entrepreneurial spirit. The government, recognizing the potential of startups to drive economic growth and create employment opportunities, launched the “Startup India” initiative in 2016. This comprehensive program … Read more
Make in India: A Journey Towards Manufacturing Powerhouse Introduction: The “Make in India” initiative, launched in 2014, is a flagship program of the Indian government aimed at transforming India into a global manufacturing hub. This ambitious program seeks to attract foreign investment, boost domestic production, create jobs, and enhance India’s economic competitiveness. The initiative has … Read more
Navigating the Global Landscape: A Deep Dive into the Ease of Doing Business The ease of doing business is a crucial factor for economic growth and development. It reflects the regulatory environment and the efficiency of government processes that impact the ability of businesses to operate and thrive. This article delves into the concept of … Read more
The Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE): A Lifeline for India’s Entrepreneurial Spirit Introduction: India’s micro, small, and medium enterprises (MSMEs) are the backbone of the country’s economy, contributing significantly to employment generation, GDP growth, and overall economic development. However, these enterprises often face challenges in accessing credit due to factors … Read more
The Shifting Sands of Disinvestment: A Deep Dive into India’s Current Policy India’s disinvestment policy, a cornerstone of its economic strategy, has undergone significant evolution over the years. From a hesitant approach in the early days of liberalization to a more aggressive stance in recent times, the government’s approach to divesting its stake in public … Read more
Unwinding Investments: A Comprehensive Guide to Types of Disinvestment Disinvestment, the act of selling off assets or reducing ownership in a company, is a strategic maneuver employed by businesses and governments alike. It can be driven by a variety of factors, from financial distress to strategic realignment. Understanding the different types of disinvestment is crucial … Read more
The New Industrial Policy of 1991: A Catalyst for Economic Transformation in India The year 1991 marked a pivotal moment in India’s economic history. Faced with a severe balance of payments crisis and a stagnating economy, the Indian government embarked on a path of radical economic reforms, culminating in the introduction of the New Industrial … Read more