Employment status of India

EMPLOYMENT As per Employment-Unemployment Survey (by NSSO) of 2011-12 (latest available), total workforce employed stands at 47.36 crore; with 23.16 crore in agriculture and 24.2 crore in Industry and Services According to the fifth Annual Employment-Unemployment Survey (EUS) conducted between April and December 2015, 83% of the workers in India were self-employed, casual or contract … Read more

Structural changes in the Indian Economy ( GDP and work force)

INFRASTRUCTURE, and the rise of a middle class. Another significant structural change has been the decline in the share of EMPLOYMENT in agriculture. In the early 1990s, more than half of India’s workforce was employed in agriculture. However, by 2017, this share had fallen to just 46%. The decline in agricultural employment has been driven … Read more

Quinary Sector

The Quinary Sector: A New Frontier in the Global Economy The traditional economic sectors – primary, secondary, tertiary, and quaternary – have long served as the framework for understanding economic activity. However, the rapid evolution of the global economy, driven by technological advancements and societal shifts, has necessitated the emergence of a new sector: the … Read more

Effects Of The Policies Of Developed And Developing Countries On India

 Effects of the policies of developed and developing countries on India’s interest Impact of Globalization-3/”>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

Inflation targeting

Inflation Targeting: A Powerful Tool for Monetary Policy Inflation, the persistent increase in the general price level of goods and services, is a significant economic concern. It erodes purchasing power, distorts investment decisions, and can lead to economic instability. To combat inflation, central banks around the world have adopted various monetary policy strategies, with inflation … Read more

Information and communication technology

Information and Communication technology We are in a digital era. It is difficult to think of any event in our daily life that is not using Information and Communication Technology. Our schools and classrooms are no exceptions. This course is meant for introducing you with these technologies with the intension that you meaningfully integrate technology … Read more

Foreign Trade Policy

 Planning and Foreign Trade Foreign Trade is the important factor in Economic Development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on … Read more

Urbanization and economic growth in India

Introduction Urban areas have been recognized as “engines of inclusive economic Growth”. Of the 121 crore Indians, 83.3 crore live in rural areas while 37.7 crore stay in urban areas, i.e approx 32 % of the Population. The Census Of India, 2011 defines urban settlement as :- All the places which have Municipality, corporation, Cantonment Board … Read more

GDP Deflator

The GDP Deflator: A Vital Tool for Understanding Economic Growth and Inflation The Gross Domestic Product (GDP) deflator is a crucial economic indicator that measures the overall price level of goods and services produced in an economy. It serves as a vital tool for understanding the real value of economic output and the rate of … Read more

Rural development (Social and economic infrastructure) -MPPSC Mains

  Rural development is the process of improving the Quality Of Life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. Rural development has traditionally centered on the exploitation of land-intensive natural Resources such as agriculture and Forestry. However, changes in global production networks and increased Urbanization have … Read more

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