Decentralized Planning : Meaning and importance; and decentralised planning; major initiatives in India

Decentralized planning is a type of planning where local organisations and institutions formulate, adopt, execute actions and supervise the plan without interference by the central body. Decentralized planning in the State operated mainly through the following institutions and instruments; Grama Sabha (GS): People’s participation in Decentralization was sought to be ensured mainly through meetings of … Read more

International financial institutions IMF, World Bank. WTO, their role and impact on Indian economy

[su_heading]World Bank[/su_heading] The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign Investment and promoting long-range balance Growth in international trade. The World Bank was established in December 1945 … Read more

Economic, social and environmental sustainability; concept of Green GDP; Strategy and policy for sustainable development in India

Economic, social and environmental sustainability The United Nations General Assembly adopted the 2030 Agenda for Sustainable Development and 17 Sustainable Development Goals (SDGs) as a universal and transformative development strategy. The 2030 Agenda commits the global community to “achieving sustainable development in its three dimensions—economic, social and environmental—in a balanced and integrated manner”. Bruntland Report … Read more

Characteristics of Under Development

The term underdevelopment refers to that state of an economy where levels of living of masses are extremely low due to very low levels of per capita income resulting from low levels of productivity and high Growth rates of Population. Underdeveloped countries are now known as ‘developing countries’ signifying that such nations are capable of … Read more

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