G7

The G7 is a group of seven major industrialized democracies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The G7 was founded in 1975 as the G6, with the addition of Canada in 1976. The G7 meets annually to discuss economic and political issues of common interest. The G7 has been … Read more

Inclusive growth and Sustainable development

The term Sustainable Growth became prominent after the World Conservation Strategy Presented in 1980 by the International Union for the Conservation of Nature and Natural Resources. Brundland Report(1987) define Sustainable Development as the a process which seek to meet the needs and aspirations of the present generation without compromising the ability of the future generation … Read more

Integrated Processing Development Scheme (IPDS): Boosting India’s Food Processing Sector

Integrated Processing Development Scheme (IPDS): Boosting India’s Food Processing Sector Introduction India, with its vast agricultural produce and a burgeoning population, holds immense potential in the food processing sector. However, the sector faces several challenges, including inadequate infrastructure, limited access to technology, and a fragmented supply chain. Recognizing the need for a comprehensive approach to … Read more

WPA 1972

The Water Pollution Act of 1972: A Landmark in Environmental Protection The Water Pollution Act of 1972 (WPA), later renamed the Clean Water Act (CWA) in 1977, stands as a cornerstone of environmental legislation in the United States. This landmark act, passed amidst growing public concern over the state of the nation’s waterways, marked a … Read more

Regional Comprehensive Partnership Agreement (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is a Free Trade Agreement between the 10 member states of the Association of Southeast Asian Nations (ASEAN) and 6 other countries in the Asia-Pacific region: Australia, China, India, Japan, New Zealand, and South Korea. The agreement was signed on November 15, 2020, and is expected to enter into … Read more

Demographic Dividend And Transition

 Demographic dividend and transition Demographic dividend The term “demographic dividend” (DD) refers to the accelerated economic Growth that a country can achieve when it has a low dependency ratio or, in other words, when the proportion of its Population that is of working age is greater than the proportion of its population that … Read more

Left-Wing

The Shifting Sands of “Left-Wing”: A Historical and Contemporary Analysis The term “left-wing” has been a fixture in political discourse for centuries, yet its meaning remains fluid and contested. This article aims to provide a comprehensive analysis of the term, exploring its historical evolution, its current manifestations, and the challenges it faces in a rapidly … Read more

Liberalization

The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and Society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of liberalisation … Read more

Functions and Role of NDC, Planning Commission.

The principal function of planning, especially in a federal system, is to evolve a shared vision of and commitment to the national objectives and development strategy not only in the government at all levels, but also among all other economic agents. NITI Aayog acts as the quintessential platform of the Government of India to bring … Read more

Impact of World Wars

First World War Background It was a result of growing inter-imperialist rivalries, growing chauvinism, antagonism and conflicts within Europe, formation of alliances and secret pacts, growing militarization, feverish preparations for war, were some of the marked features that harbingered war. There had been a number of crises which were temporarily resolved, but led to deep … Read more