Amending Act of 1781

The Amending Act of 1781: A Crucial Step in the Evolution of the Articles of Confederation The Articles of Confederation, adopted by the Continental Congress in 1777, served as the first constitution of the United States. While it successfully guided the nation through the Revolutionary War, its inherent weaknesses soon became apparent. The lack of … Read more

Sources of Income of Central Government

Sources of Income of Central Government As we all know that India is a democratic country and the main aim of the government here is to increase the welfare of the people not the profit of the government. To increase the welfare of the people the Government of India has to start welfare oriented schemes. … Read more

External Commercial Borrowing (ECB)

External Commercial Borrowing (ECB): A Vital Lifeline for India’s Growth External Commercial Borrowing (ECB) has emerged as a crucial source of funding for India’s economic development, playing a significant role in bridging the financing gap and supporting various sectors. This article delves into the intricacies of ECB, exploring its history, types, regulations, benefits, and challenges, … Read more

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