Notes and Study material for Exams
India, however, seems to be in a demographic sweet spot with its working-age Population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more
The Great Revolt of 1857 (also Indian rebellion of 1857, the Great uprising of 1857, the Great rebellion, Indian Sepoy mutiny) is regarded as India’s First War of Independence against the British rule. It was the most remarkable single event in the history of India after the establishment of British rule. It was the … Read more
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy in the … Read more
Capitalism vs. Socialism: A Tale of Two Economic Systems The world’s economies are diverse, each with its own unique blend of policies and ideologies. Two dominant systems, however, stand out: capitalism and socialism. These contrasting approaches to resource allocation, production, and distribution have shaped the course of history and continue to spark debate. This article … Read more
Industrial Growth and Structure – Public, Private and Joint Sectors Division of the economy between Public Sector and Private Sector: The present economic structure of Indian economy is known as Mixed Economy, where there is a coexistence of both the public sector and the private sector. All the different types of industries are … Read more
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
What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system … Read more
Advance INFRASTRUCTURE-in-rural-areas/”>Infrastructure in Rural Areas Good quality infrastructure is critical to sustainable Growth, especially for rural areas. As over 60 per cent of the Population lives in rural areas, with low levels of per capital income, there is need to impart greater attention in improving rural infrastructure. Currently the rural infrastructure is inadequate … 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
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