Indian Trade Pattern and Issues

INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, many countries … Read more

Skill development

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 than four … Read more

Economic Reforms

Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more

Energy and Power policies

Energy Management includes planning and operation of energy production and energy consumption units. Objectives are resource conservation, Climate protection and cost Savings, while the users have permanent access to the energy they need.The main objectives of energy management are resource conservation, climate protection and cost savings. The central task of energy management is to reduce costs for the provision of energy in … Read more

Environmental degradation and challenges

The major causes of the Environmental Degradation are modern Urbanization, industrialization, over-Population Growth, deforestation etc. Environmental pollution refers to the degradation of quality and quantity of natural Resources. Mahatma Gandhi’s principle of “enoughness” in his saying “the earth provides enough to satisfy every persons need but not for every person’s greed” According to World Commission … Read more

NITI Ayog and its approach to economic development

Niti Ayog – National Institution for Transforming India   The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and … Read more

National Income and its concepts and components

NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more